Magellan Midstream Partners (MMP)
Magellan Midstream Partners Altman Z-Score
View MMP 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
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 MMP related companies
MMP News
May 29, 2:50PM Seeking Alpha
May 21, 3:02PM PR Newswire
May 03, 11:30AM Street Insider
about 27 days ago by azendrian
May 02, 8:05AM Street Insider
about 33 days ago by DynamicDividend
about 36 days ago by DynamicDividend
Apr 24, 9:51AM Street Insider
about 93 days ago by billgunderson
about 125 days ago by DynamicDividend
about 145 days ago by Benzinga
about 153 days ago by chartly
about 153 days ago by MercenaryMike
about 153 days ago by tradewithpete
about 166 days ago by markddeals
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MMP | 69.35 | -0.65 | -0.93% | 7.917B |
| MMM | 84.44 | -1.29 | -1.50% | 59.56B |
| MMLP | 32.65 | -0.57 | -1.72% | 768.05M |
| MMI | 39.98 | +0.00 | +0.00% | 12.07B |
| LUV | 8.87 | -0.07 | -0.78% | 6.910B |
| LUNA | 1.61 | +0.01 | +0.62% | 22.08M |
| LULU | 72.96 | -1.61 | -2.16% | 8.155B |
| LUK | 20.80 | -0.68 | -3.14% | 5.254B |
| LOW | 27.00 | -0.49 | -1.78% | 32.96B |
| LOV | 5.01 | -0.06 | -1.18% | 104.39M |
