Nabors Industries (NBR)
Nabors Industries Altman Z-Score: 1.605
View NBR 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
NBR Altman Z-Score Rankings
| Overall | 33rd percentile | 2372 of 3552 |
| Sector | 33rd percentile | 253 of 378 in Basic Materials |
| Industry | 55th percentile | 22 of 49 in Oil & Gas Drilling & Exploration |
NBR Altman Z-Score Range, Past 5 Years
| Minimum | 1.400 | Sep 2010 |
| Maximum | 2.838 | Jun 2008 |
| Average | 1.884 |
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 NBR related companies
NBR News
about 6 days ago by SilentPatriot
about 14 days ago by SteveCaru
about 14 days ago by BrantleyFoster
about 15 days ago by elliottwave
about 16 days ago by RecogniaEvents
about 16 days ago by RecogniaEvents
about 22 days ago by SteveCaru
about 22 days ago by PTSD_Trader
about 24 days ago by tradewithpete
about 27 days ago by TradeIdeasQuant
about 27 days ago by SteveCaru
about 27 days ago by SteveCaru
Apr 26, 1:50PM Street Insider
Apr 25, 4:40PM Seeking Alpha
Apr 25, 12:33PM Fox Business
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NBR | 13.76 | -0.56 | -3.91% | 3.972B |
| NBL | 84.04 | -2.17 | -2.52% | 15.02B |
| NBIX | 6.45 | -0.08 | -1.23% | 427.25M |
| NBG | 1.44 | -0.08 | -5.26% | 1.377B |
| MOC | 1.10 | +0.01 | +0.92% | 11.81M |
| MOBI | 2.11 | -0.08 | -3.65% | 67.88M |
| MO | 32.02 | -0.11 | -0.34% | 65.50B |
| MNTG | 4.90 | +0.11 | +2.30% | 135.58M |
| MNTA | 13.83 | -0.14 | -1.00% | 709.89M |
| MNST | 73.64 | +0.60 | +0.82% | 12.84B |