Level 3 Communications (LVLT)
Level 3 Communications Altman Z-Score: -0.6771
View LVLT 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
LVLT Altman Z-Score Rankings
| Overall | 6th percentile | 3308 of 3554 |
| Sector | 9th percentile | 688 of 757 in Technology |
| Industry | 4th percentile | 24 of 25 in Diversified Communication Services |
LVLT Altman Z-Score Range, Past 5 Years
| Minimum | -1.445 | Dec 2010 |
| Maximum | -0.373 | Jun 2007 |
| Average | -0.9716 |
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 LVLT related companies
LVLT News
May 24, 9:00AM Marketwire
about 8 days ago by abubnic
about 9 days ago by MarketBrief
about 12 days ago by monteazul
about 12 days ago by MarketBrief
about 14 days ago by MarketBrief
May 15, 3:00AM PR Newswire
May 14, 7:00AM PR Newswire
about 19 days ago by TradeIdeasQuant
about 19 days ago by fundy_mental
about 20 days ago by sonnydelite
May 07, 8:00AM PR Newswire
May 04, 11:13AM Street Insider
about 26 days ago by gtlackey
May 03, 1:20PM Seeking Alpha
Apr 30, 9:42AM Wall St. Cheat Sheet
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| LVLT | 21.56 | -0.78 | -3.49% | 4.828B |
| LVL | 12.16 | -0.18 | -1.46% | |
| LVB | 22.35 | -0.09 | -0.40% | 277.36M |
| LUX | 32.38 | -1.35 | -4.00% | 15.76B |
| LUV | 8.83 | -0.11 | -1.23% | 6.910B |
| LINE | 35.58 | -0.49 | -1.36% | 7.191B |
| LINC | 6.00 | -0.04 | -0.66% | 137.11M |
| LIME | 2.515 | -0.01 | -0.59% | 60.67M |
| LII | 42.59 | -1.53 | -3.47% | 2.244B |
| LIFE | 41.16 | -0.65 | -1.55% | 7.453B |
