Southern Connecticut Bancorp (SSE)
Southern Connecticut Bancorp Altman Z-Score
View SSE 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
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 SSE related companies
SSE News
about 180 days ago by StockTiger
about 429 days ago by harmongreg
about 483 days ago by argent7
about 483 days ago by argent7
about 496 days ago by elliottwavelive
about 583 days ago by tracked
about 639 days ago by MergerArbitrage
about 702 days ago by CheekyBastardZH
about 828 days ago by Detroitblues
about 829 days ago by Detroitblues
about 829 days ago by Detroitblues
about 829 days ago by Detroitblues
about 853 days ago by IsoBourse
about 854 days ago by IsoBourse
about 858 days ago by IsoBourse
about 859 days ago by IsoBourse
about 860 days ago by IsoBourse
about 861 days ago by IsoBourse
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SSE | 1.56 | +0.04 | +2.63% | 4.150M |
| SSD | 27.79 | -0.12 | -0.43% | 1.348B |
| SSBI | 6.07 | -0.18 | -2.88% | 29.62M |
| SRZ | 6.02 | +0.12 | +2.03% | 341.02M |
| SCHN | 26.08 | -1.28 | -4.68% | 745.83M |
| SCHL | 26.95 | -0.33 | -1.21% | 847.04M |
| SCHG | 31.75 | -0.15 | -0.48% | |
| SCHA | 34.13 | -0.09 | -0.27% | |
| SCG | 46.95 | +0.37 | +0.79% | 6.074B |
| SCCO | 28.45 | -0.25 | -0.87% | 24.40B |