Lannett Company (LCI)
Lannett Company Altman Z-Score: 3.045
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LCI Altman Z-Score Rankings
| Overall | 55th percentile | 1574 of 3554 |
| Sector | 50th percentile | 214 of 433 in Healthcare |
| Industry | 54th percentile | 16 of 35 in Drug Manufacturers - Other |
LCI Altman Z-Score Range, Past 5 Years
| Minimum | 1.543 | Sep 2008 |
| Maximum | 4.406 | Dec 2010 |
| Average | 3.160 |
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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LCI News
about 19 days ago by RecogniaEvents
May 02, 8:05AM Business Wire
about 35 days ago by RecogniaEvents
Mar 06, 8:55AM Business Wire
about 117 days ago by silverjet2
Jan 31, 8:12AM Street Insider
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Jan 30, 3:47PM Business Wire
about 121 days ago by silverjet2
Jan 30, 8:16AM Street Insider
about 124 days ago by silverjet2
Jan 04, 11:40AM Benzinga
about 167 days ago by MarketBrief
Dec 12, 2:46PM theflyonthewall.com
Dec 12, 2:44PM Benzinga
Dec 07, 8:00AM Business Wire
Nov 10, 11:20AM Business Wire
Oct 27, 12:24PM Business Wire
Oct 24, 1:40PM Street Insider
Oct 24, 1:36PM FlyOnTheWall
Oct 24, 1:36PM Benzinga
about 246 days ago by Street_Insider
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about 317 days ago by CollegeStockTrader
about 338 days ago by msgtretusaf
about 341 days ago by BreakoutTheory
about 341 days ago by TylerTrimbath
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| LCI | 4.09 | +0.01 | +0.25% | 115.71M |
| LCC | 12.72 | +0.10 | +0.79% | 2.046B |
| JPM | 33.22 | -0.41 | -1.22% | 128.38B |
| JPG | 12.77 | -0.07 | -0.55% | |
| JOY | 59.43 | -2.89 | -4.64% | 6.675B |
| JOUT | 18.15 | -0.13 | -0.71% | 180.42M |
| JOSB | 44.51 | -3.28 | -6.86% | 1.330B |
| JOEZ | 1.05 | -0.02 | -1.87% | 69.43M |
| JOE | 16.60 | -0.34 | -2.01% | 1.563B |
| JOBS | 46.11 | -1.09 | -2.31% | 1.337B |