Telecom New Zealand (NZT)
Telecom New Zealand Altman Z-Score
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NZT Altman Z-Score Range, Past 5 Years
| Minimum | 1.868 | Jun 2010 |
| Maximum | 2.938 | Jun 2007 |
| Average | 2.154 |
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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NZT News
Apr 25, 11:08AM Motley Fool
about 41 days ago by JeffReevesIP
about 52 days ago by TradeIdeasQuant
about 63 days ago by BaselineAce
Feb 24, 5:01AM Benzinga
Jan 25, 1:57PM Wall Street Transcript
Nov 21, 4:41PM The Wall Street Journal
Nov 21, 10:12AM FlyOnTheWall
about 274 days ago by HLAW
about 275 days ago by tradewithpete
about 277 days ago by gtlackey
about 336 days ago by 1nvestor
about 340 days ago by 1nvestor
about 343 days ago by chessNwine
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NZT | 9.55 | -0.23 | -2.35% | 3.765B |
| NYX | 24.41 | -0.59 | -2.36% | 6.438B |
| NYT | 6.69 | -0.17 | -2.48% | 1.014B |
| NYNYD | 2.02 | -0.08 | -3.67% | |
| NYMX | 7.34 | -0.17 | -2.26% | 247.83M |
| NYMT | 6.65 | -0.05 | -0.75% | 93.40M |
| NYH | 13.96 | -0.01 | -0.07% | |
| NTZ | 2.83 | +0.05 | +1.80% | 151.62M |
| NTWK | 0.4649 | -0.03 | -5.12% | 35.08M |
| NTT | 21.29 | -0.06 | -0.28% | 54.04B |
