Tortoise Capital Resources Corporation (TTO)
Tortoise Capital Resources Corporation Altman Z-Score
View TTO 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 TTO related companies
TTO News
May 07, 4:54PM Street Insider
May 07, 4:50PM Business Wire
Apr 09, 7:42PM Business Wire
Apr 05, 5:28PM Street Insider
about 64 days ago by MarketBrief
Mar 27, 4:15PM Business Wire
Feb 13, 8:34PM Business Wire
Jan 18, 4:39PM Business Wire
Oct 14, 7:09AM Street Insider
Oct 13, 4:35PM FlyOnTheWall
Oct 13, 4:32PM Business Wire
Sep 29, 4:29PM Business Wire
Sep 21, 4:36PM Business Wire
about 1302 days ago by TradeIdeas
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TTO | 9.21 | -0.01 | -0.11% | |
| TTMI | 9.11 | -0.13 | -1.41% | 751.58M |
| TTM | 20.26 | -0.53 | -2.55% | 11.19B |
| TTHI | 1.95 | -0.09 | -4.41% | 52.49M |
| TTGT | 5.08 | -0.15 | -2.87% | 203.03M |
| TTF | 15.04 | -0.36 | -2.34% | |
| TTEK | 24.62 | -0.37 | -1.48% | 1.578B |
| TTEC | 14.66 | -0.24 | -1.61% | 843.64M |
| TICC | 9.37 | -0.10 | -1.06% | 351.05M |
| TIBX | 26.32 | -0.43 | -1.61% | 4.457B |
