Industrias Bachoco (IBA)
Industrias Bachoco Altman Z-Score: 4.084
View IBA Altman Z-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
IBA Altman Z-Score Rankings
| Overall | 69th percentile | 1100 of 3549 |
| Sector | 64th percentile | 129 of 361 in Consumer Goods |
| Industry | 37th percentile | 5 of 8 in Meat Products |
IBA Altman Z-Score Range, Past 5 Years
| Minimum | 3.729 | Jun 2010 |
| Maximum | 4076 | Jun 2011 |
| Average | 208.19 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
Learn More
You may also be interested in these IBA related companies
IBA News
Feb 08, 7:19PM PR Newswire
Nov 02, 4:05PM PR Newswire
Oct 28, 7:45AM PR Newswire
Aug 23, 5:54PM PR Newswire
about 507 days ago by ECantoni
about 700 days ago by AlephBlog
about 700 days ago by byrneseyeview
about 700 days ago by AlephBlog
about 700 days ago by byrneseyeview
about 1041 days ago by grocklein
about 1135 days ago by grocklein
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IBA | 21.12 | +0.57 | +2.77% | 1.028B |
| IART | 35.59 | +0.30 | +0.85% | 948.60M |
| IAK | 29.77 | +0.26 | +0.88% | |
| IAG | 10.58 | -0.29 | -2.67% | 4.088B |
| IAF | 9.81 | +0.41 | +4.36% | |
| IAE | 14.79 | +0.14 | +0.96% | |
| IACI | 45.80 | +1.07 | +2.39% | 3.635B |
| HSNI | 39.67 | +0.43 | +1.10% | 2.272B |
| HSKA | 12.22 | +0.14 | +1.16% | 63.66M |
| HSII | 16.79 | +0.26 | +1.57% | 295.39M |
