School Specialty (SCHS)
School Specialty Altman Z-Score: 0.70
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SCHS Altman Z-Score Rankings
| Overall | 18th percentile | 2884 of 3552 |
| Sector | 13th percentile | 696 of 801 in Services |
| Industry | 7th percentile | 26 of 28 in Education & Training Services |
SCHS Altman Z-Score Range, Past 5 Years
| Minimum | -0.8367 | Jan 2011 |
| Maximum | 2.318 | Jan 2008 |
| Average | 1.339 |
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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SCHS News
May 23, 4:43PM The Wall Street Journal
May 23, 2:28PM Street Insider
May 23, 12:40PM The Wall Street Journal
Apr 02, 8:30AM GlobeNewswire
about 64 days ago by RecogniaEvents
about 79 days ago by TheEquitiesRoom
about 79 days ago by TheEquitiesRoom
about 83 days ago by RecogniaEvents
about 84 days ago by RecogniaEvents
about 98 days ago by earningscast
Feb 23, 10:00AM Street Insider
Feb 23, 9:22AM GlobeNewswire
Feb 23, 8:30AM GlobeNewswire
about 112 days ago by kunal00
Jan 19, 9:00AM GlobeNewswire
Jan 18, 11:00AM GlobeNewswire
Jan 12, 8:30AM GlobeNewswire
about 142 days ago by InvestorsHeadquarter
about 143 days ago by 1973Hog
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SCHS | 2.98 | -0.02 | -0.67% | 56.97M |
| SCHN | 26.08 | -1.28 | -4.68% | 745.83M |
| SBI | 10.34 | -0.23 | -2.18% | |
| SBGI | 8.13 | +0.02 | +0.25% | 656.75M |
| SBCF | 1.51 | +0.04 | +2.72% | 139.22M |
| SBBX | 5.11 | +0.45 | +9.66% | 17.22M |
| SB | 6.50 | +0.11 | +1.72% | 485.00M |
| RL | 148.75 | +0.06 | +0.04% | 13.73B |
| RKT | 51.58 | +0.12 | +0.23% | 3.633B |
| RJF | 34.19 | +0.33 | +0.97% | 4.608B |
