Rite Aid Corporation (RAD)
Rite Aid Corporation Altman Z-Score: 2.562
View RAD 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
RAD Altman Z-Score Rankings
| Overall | 48th percentile | 1822 of 3552 |
| Sector | 41st percentile | 465 of 801 in Services |
| Industry | 0th percentile | 8 of 8 in Drug Stores |
RAD Altman Z-Score Range, Past 5 Years
| Minimum | 1.93 | Aug 2007 |
| Maximum | 2.575 | Feb 2012 |
| Average | 2.369 |
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 RAD related companies
RAD News
about 12 hours ago by TradingGraphs
May 29, 10:02AM Street Insider
about 9 days ago by InvestorsGuru
about 13 days ago by ycharts
about 28 days ago by ACInvestorBlog
May 03, 10:28AM Business Wire
about 37 days ago by MilionCapital
about 38 days ago by eyeonequities
about 42 days ago by corvette70
about 48 days ago by bradloncar
about 49 days ago by DedicatedShort
about 49 days ago by earningscast
about 49 days ago by azendrian
about 49 days ago by Street_Insider
about 52 days ago by Shoofly7
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RAD | 1.285 | -0.03 | -1.91% | 1.177B |
| RA | 23.82 | +0.07 | +0.29% | 1.200B |
| R | 42.85 | -0.09 | -0.21% | 2.196B |
| QXM | 0.48 | +0.00 | +0.00% | 27.79M |
| QUIK | 3.06 | -0.03 | -0.97% | 119.46M |
| QUAD | 12.35 | -0.11 | -0.88% | 407.82M |
| QTWW | 0.63 | +0.01 | +1.61% | 10.01M |
| QTM | 1.95 | +0.05 | +2.63% | 445.17M |
| QTEC | 24.28 | -0.23 | -0.94% | |
| QSII | 28.48 | -0.27 | -0.94% | 1.696B |
