Textainer Group (TGH)
Textainer Group Altman Z-Score: 1.433
View TGH 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
TGH Altman Z-Score Rankings
| Overall | 29th percentile | 2487 of 3551 |
| Sector | 22nd percentile | 619 of 802 in Services |
| Industry | 76th percentile | 6 of 26 in Rental & Leasing Services |
TGH Altman Z-Score Range, Past 5 Years
| Minimum | 1.162 | Mar 2009 |
| Maximum | 1.756 | Dec 2007 |
| Average | 1.492 |
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 TGH related companies
TGH News
about 22 days ago by billgunderson
May 09, 10:56AM Benzinga
May 09, 10:20AM Street Insider
about 24 days ago by earningscast
about 24 days ago by DynamicDividend
May 08, 8:45AM Business Wire
May 02, 12:08PM Business Wire
about 35 days ago by RecogniaEvents
Apr 27, 5:52PM Business Wire
Apr 20, 11:06AM Street Insider
Apr 18, 2:13PM Business Wire
Apr 17, 11:12AM Fool
Apr 11, 11:52PM Business Wire
Mar 16, 1:00PM Business Wire
Mar 01, 5:47PM Business Wire
about 95 days ago by DarvasTrader
Feb 21, 10:42AM Street Insider
Feb 15, 9:58AM Street Insider
about 108 days ago by earningscast
about 108 days ago by DynamicDividend
about 142 days ago by DynamicDividend
about 154 days ago by orangecrusher13
about 163 days ago by ZacksResearch
about 210 days ago by DynamicDividend
about 297 days ago by DynamicDividend
about 297 days ago by Benzinga
about 393 days ago by DynamicDividend
about 477 days ago by DynamicDividend
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TGH | 32.37 | -0.50 | -1.52% | 1.628B |
| TGE | 8.70 | -0.67 | -7.15% | 190.49M |
| TEO | 11.79 | -0.32 | -2.64% | 2.384B |
| TENZ | 88.27 | +0.08 | +0.09% | |
| TEN | 25.57 | -1.58 | -5.82% | 1.641B |
| TELK | 4.13 | -0.45 | -9.83% | 8.290M |
| TEL | 30.51 | -0.91 | -2.90% | 13.41B |
| TEI | 15.10 | -0.18 | -1.18% | |
| TEG | 53.65 | -0.45 | -0.83% | 4.235B |
| TEF | 11.17 | +0.10 | +0.90% | 51.85B |