Xerox Corporation (XRX)
Xerox Corporation Altman Z-Score: 1.710
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XRX Altman Z-Score Rankings
| Overall | 35th percentile | 2305 of 3551 |
| Sector | 15th percentile | 305 of 359 in Consumer Goods |
| Industry | 30th percentile | 7 of 10 in Business Equipment |
XRX Altman Z-Score Range, Past 5 Years
| Minimum | 1.493 | Mar 2010 |
| Maximum | 2.167 | Jun 2007 |
| Average | 1.805 |
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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XRX News
about 2 days ago by SirPerfluous
May 24, 3:45PM Street Insider
May 18, 8:05AM Business Wire
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May 10, 10:00AM Business Wire
about 26 days ago by TrendHunter
about 29 days ago by RecogniaEvents
about 29 days ago by RecogniaEvents
May 03, 8:40AM Business Wire
May 03, 8:30AM Business Wire
about 31 days ago by myplaniq
about 38 days ago by bradloncar
about 39 days ago by earningscast
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| XRX | 7.205 | -0.01 | -0.21% | 9.616B |
| XRTX | 11.27 | -0.17 | -1.49% | 315.40M |
| XRT | 56.78 | -1.63 | -2.79% | |
| XRS | 10.58 | +0.06 | +0.57% | 126.24M |
| XRM | 3.41 | -0.19 | -5.28% | 54.54M |
| WRE | 27.81 | -0.33 | -1.17% | 1.865B |
| WRC | 42.38 | -2.13 | -4.79% | 1.798B |
| WRB | 37.96 | -0.36 | -0.94% | 5.284B |
| WR | 28.75 | +0.13 | +0.45% | 3.607B |
| WPZ | 52.58 | -0.32 | -0.60% | 16.14B |