MEMSIC (MEMS)
MEMSIC Altman Z-Score: 1.654
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MEMS Altman Z-Score Rankings
| Overall | 33rd percentile | 2356 of 3554 |
| Sector | 28th percentile | 545 of 757 in Technology |
| Industry | 36th percentile | 19 of 30 in Semiconductor - Specialized |
MEMS Altman Z-Score Range, Past 5 Years
| Minimum | 1.654 | May 30 2012 |
| Maximum | 20.16 | Jun 2009 |
| Average | 7.322 |
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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MEMS News
about 21 days ago by BlackBetty
about 21 days ago by Jackpot_Joker
May 09, 2:25PM Street Insider
about 22 days ago by TradeIdeasQuant
about 22 days ago by LukeKramer
May 09, 10:28AM Street Insider
about 22 days ago by TradeIdeasQuant
about 22 days ago by mikenjax
about 22 days ago by TradeIdeasQuant
about 22 days ago by tiernster
about 22 days ago by Jackpot_Joker
May 08, 4:10PM GlobeNewswire
about 23 days ago by tiernster
about 23 days ago by tiernster
about 23 days ago by tiernster
about 23 days ago by tiernster
about 24 days ago by Jackpot_Joker
about 24 days ago by TradeIdeasQuant
Mar 19, 3:06PM Street Insider
Mar 19, 7:35AM Street Insider
Dec 20, 9:47AM GlobeNewswire
Nov 08, 7:00AM Business Wire
Aug 25, 11:55AM GlobeNewswire
Aug 15, 3:30PM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MEMS | 2.25 | -0.04 | -1.75% | 54.94M |
| MELI | 73.80 | -0.33 | -0.45% | 3.272B |
| MELA | 2.55 | -0.06 | -2.30% | 79.14M |
| MEI | 7.45 | -0.13 | -1.72% | 280.61M |
| MEG | 3.49 | -0.17 | -4.64% | 85.42M |
| MEDW | 14.33 | -0.21 | -1.44% | 119.08M |
| MED | 18.07 | -0.79 | -4.19% | 280.27M |
| MEAS | 32.91 | -0.63 | -1.88% | 503.77M |
| MEAD | 3.54 | +0.00 | +0.00% | 4.354M |
| MAXY | 5.81 | -0.06 | -1.02% | 163.01M |
