TELUS Corporation (TU)
TELUS Corporation Altman Z-Score: 1.250
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TU Altman Z-Score Rankings
| Overall | 27th percentile | 2585 of 3551 |
| Sector | 22nd percentile | 589 of 759 in Technology |
| Industry | 29th percentile | 19 of 27 in Wireless Communications |
TU Altman Z-Score Range, Past 5 Years
| Minimum | 1.088 | Jun 2010 |
| Maximum | 1.540 | Mar 2009 |
| Average | 1.298 |
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 |
|---|---|---|---|---|
| TU | 56.12 | -0.57 | -1.01% | 8.492B |
| TTWO | 11.21 | -0.31 | -2.69% | 1.032B |
| TTP | 22.73 | -0.51 | -2.19% | |
| TTO | 9.21 | -0.01 | -0.11% | |
| TTMI | 9.11 | -0.13 | -1.41% | 751.58M |
| TTM | 20.32 | -0.47 | -2.26% | 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 | 24.55 | -0.44 | -1.76% | 1.578B |