Synopsys (SNPS)
Synopsys Altman Z-Score: 2.801
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SNPS Altman Z-Score Rankings
| Overall | 52nd percentile | 1685 of 3552 |
| Sector | 44th percentile | 423 of 759 in Technology |
| Industry | 37th percentile | 25 of 40 in Semiconductor Equipment & Materials |
SNPS Altman Z-Score Range, Past 5 Years
| Minimum | 2.455 | Oct 2008 |
| Maximum | 3.539 | Jan 2012 |
| Average | 3.038 |
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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Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SNPS | 29.22 | -0.33 | -1.12% | 4.308B |
| SNP | 88.64 | -1.31 | -1.46% | 85.29B |
| SNN | 46.33 | -0.35 | -0.75% | 8.343B |
| SNMX | 2.27 | -0.04 | -1.73% | 91.87M |
| SNCR | 17.46 | +0.25 | +1.45% | 662.93M |
| SNAK | 6.33 | -0.04 | -0.63% | 115.74M |
| SNA | 59.68 | -0.57 | -0.95% | 3.510B |
| SN | 23.55 | -0.73 | -3.01% | 839.36M |
| SMTX | 3.18 | -0.08 | -2.45% | 51.21M |
| SMTC | 23.71 | -0.27 | -1.13% | 1.569B |
