ReneSola Altman Z-Score (TTM)
View 4,000+ financial data types
ReneSola Altman Z-Score (TTM) Chart
ReneSola Historical Altman Z-Score (TTM) DataExport Data Date Range:
There is no data for the selected date range.
An error occurred. Please try again by refreshing your browser or contact us with details of your problem.
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.
SOL Altman Z-Score (TTM) Benchmarks
|JA Solar Holdings||Upgrade|
SOL Altman Z-Score (TTM) Range, Past 5 Years
Zacks 04/17 16:36 ET
Zacks 04/17 08:34 ET
Zacks 04/15 16:24 ET
Zacks 04/15 12:00 ET
Investor's Business Daily 04/11 13:32 ET
Zacks 04/09 17:00 ET
Zacks 04/08 08:38 ET
Zacks 04/07 12:00 ET
PR Newswire 04/04 06:50 ET
PR Newswire 04/02 23:05 ET