Insteel Industries (IIIN)
Insteel Industries Altman Z-Score: 4.714
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IIIN Altman Z-Score Rankings
| Overall | 74th percentile | 897 of 3554 |
| Sector | 82nd percentile | 65 of 379 in Basic Materials |
| Industry | 88th percentile | 3 of 25 in Steel & Iron |
IIIN Altman Z-Score Range, Past 5 Years
| Minimum | 4.096 | Sep 2011 |
| Maximum | 9.254 | Sep 2007 |
| Average | 6.153 |
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.
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IIIN News
May 15, 3:17PM Street Insider
about 41 days ago by earningscast
Apr 19, 7:21AM Street Insider
about 47 days ago by RecogniaEvents
Feb 21, 2:02PM Street Insider
about 132 days ago by earningscast
Jan 19, 6:37AM Benzinga
about 139 days ago by MarketBrief
Oct 20, 8:39AM FlyOnTheWall
about 223 days ago by Street_Insider
Oct 20, 8:30AM PR Newswire
Aug 09, 12:20PM Street Insider
about 437 days ago by nrg359
about 437 days ago by OptionRadar
about 1036 days ago by SmallCapInvest
about 1067 days ago by jajohnso
about 1067 days ago by jajohnso
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IIIN | 9.60 | -0.15 | -1.54% | 171.70M |
| IGM | 64.05 | -0.76 | -1.17% | |
| IGLD | 3.80 | +0.53 | +16.21% | 72.81M |
| IGF | 32.67 | -0.48 | -1.45% | |
| IGC | 0.2191 | -0.00 | -0.41% | 4.611M |
| IGA | 10.87 | -0.10 | -0.91% | |
| IG | 1.04 | +0.01 | +0.97% | 41.08M |
| IFT | 4.18 | +0.00 | +0.00% | 88.62M |
| IFSM | 31.41 | +0.43 | +1.39% | |
| IFSIA | 12.79 | -0.06 | -0.47% | 840.78M |
