TECO Energy (TE)
TECO Energy Altman Z-Score: 1.223
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TE Altman Z-Score Rankings
| Overall | 26th percentile | 2605 of 3551 |
| Sector | 64th percentile | 36 of 100 in Utilities |
| Industry | 80th percentile | 9 of 45 in Electric Utilities |
TE Altman Z-Score Range, Past 5 Years
| Minimum | 0.9275 | Mar 2009 |
| Maximum | 1.420 | Jun 2008 |
| Average | 1.202 |
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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TE News
May 23, 1:00PM Business Wire
about 28 days ago by TradeBot
about 31 days ago by earningscast
about 31 days ago by FASTgraphs
Apr 11, 11:30AM Business Wire
Apr 02, 9:00AM Business Wire
Mar 30, 1:21PM Street Insider
about 75 days ago by MarketBrief
about 77 days ago by MarketBrief
about 78 days ago by MarketBrief
about 79 days ago by MarketBrief
about 81 days ago by RecogniaEvents
about 120 days ago by DynamicDividend
about 120 days ago by earningscast
about 128 days ago by overlord
about 141 days ago by jackdamn
about 175 days ago by Predictor
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TE | 17.19 | -0.21 | -1.21% | 3.755B |
| TDY | 57.17 | -2.41 | -4.04% | 2.187B |
| TDW | 44.47 | -0.61 | -1.35% | 2.306B |
| TDS.S | 26.92 | +0.07 | +0.26% | |
| TDS | 19.44 | -0.41 | -2.07% | 2.153B |
| TDD | 21.62 | -0.01 | -0.05% | |
| TDC | 64.65 | -1.83 | -2.75% | 11.19B |
| TD | 73.86 | -2.51 | -3.29% | 68.96B |
| TAM | 21.20 | -0.54 | -2.48% | 2.182B |
| TAL | 31.40 | -1.31 | -4.00% | 1.098B |
