Ritchie Bros Auctioneers (RBA)
Ritchie Bros Auctioneers Altman Z-Score: 3.815
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RBA Altman Z-Score Rankings
| Overall | 66th percentile | 1204 of 3552 |
| Sector | 60th percentile | 313 of 801 in Services |
| Industry | 54th percentile | 38 of 84 in Business Services |
RBA Altman Z-Score Range, Past 5 Years
| Minimum | 3.222 | Sep 2010 |
| Maximum | 8.654 | Sep 2007 |
| Average | 5.036 |
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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RBA News
May 28, 8:00AM PR Newswire
about 23 days ago by michaelbabad
May 09, 12:10PM Business Wire
May 07, 2:14AM Benzinga
May 04, 8:06PM PR Newswire
May 03, 7:03AM Street Insider
Apr 27, 7:00AM PR Newswire
Apr 18, 6:00PM Business Wire
about 77 days ago by Stocktradersroom
Mar 15, 7:00AM PR Newswire
Mar 12, 7:12AM Street Insider
Mar 12, 7:05AM Benzinga
Mar 01, 2:00PM PR Newswire
Feb 29, 9:49AM Street Insider
about 95 days ago by ivan_bg
Feb 23, 10:00AM PR Newswire
Feb 16, 6:00PM Business Wire
Feb 07, 12:00PM PR Newswire
about 213 days ago by PavolHollosy
about 232 days ago by 1nvestor
about 301 days ago by DynamicDividend
about 366 days ago by mbabad
about 366 days ago by mbabad
about 430 days ago by chartly
about 430 days ago by themeatbaron
about 444 days ago by jimvanmeerten
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RBA | 19.82 | -0.34 | -1.69% | 2.145B |
| RAX | 49.45 | -0.97 | -1.92% | 6.653B |
| RAVN | 66.54 | +0.69 | +1.05% | 1.193B |
| RATE | 17.37 | +0.07 | +0.40% | 1.730B |
| RAS | 4.07 | +0.01 | +0.25% | 202.51M |
| RAND | 3.02 | -0.07 | -2.27% | 21.07M |
| RALS | 35.93 | -0.01 | -0.03% | |
| RAIL | 19.83 | -0.77 | -3.74% | 246.17M |
| RAI | 41.84 | -0.09 | -0.21% | 23.98B |
| RAH | 63.59 | -1.28 | -1.97% | 3.581B |
