Life Technologies Corporation (LIFE)
Life Technologies Corporation Altman Z-Score: 2.096
View LIFE 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
LIFE Altman Z-Score Rankings
| Overall | 41st percentile | 2094 of 3554 |
| Sector | 39th percentile | 263 of 433 in Healthcare |
| Industry | 34th percentile | 15 of 23 in Medical Laboratories & Research |
LIFE Altman Z-Score Range, Past 5 Years
| Minimum | 0.5645 | Dec 2008 |
| Maximum | 4.243 | Dec 2007 |
| Average | 2.210 |
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 LIFE related companies
LIFE News
about 5 days ago by abubnic
May 25, 6:50AM Benzinga
about 9 days ago by EPS_MomentuM
about 16 days ago by jrtrader1998
about 21 days ago by biotech
about 23 days ago by marketfolly
about 29 days ago by MarketBrief
about 30 days ago by biotech
Apr 25, 4:10PM PR Newswire
Apr 25, 10:52AM Benzinga
Apr 25, 10:18AM Street Insider
Apr 24, 9:00PM Seeking Alpha
Apr 24, 12:01AM PR Newswire
about 47 days ago by KotyKody
about 62 days ago by RayGilliam
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| LIFE | 41.21 | -0.60 | -1.44% | 7.453B |
| LHO | 27.67 | -0.21 | -0.75% | 2.387B |
| LH | 85.36 | -0.94 | -1.09% | 8.388B |
| LGND | 12.81 | +0.15 | +1.18% | 249.15M |
| LGL | 6.91 | +0.05 | +0.73% | 17.83M |
| LGI | 13.60 | +0.10 | +0.74% | |
| LGF | 12.75 | -0.16 | -1.24% | 1.774B |
| LGCY | 25.55 | -0.53 | -2.03% | 1.250B |
| LG | 38.29 | +0.10 | +0.26% | 858.89M |
| LFUS | 57.82 | -0.95 | -1.62% | 1.270B |
