NOW IT'S FREE: Altman Z-Score Trading Tools is financial application designed to help you to perform a financial statement analysis based on the Altman Z-Score model to predict the probability that a company will go into bankruptcy.
This trading tool allows:
☆ Store (save, load, and delete) your calculations to the internal memory or the SD memory Card for next time (useful to compare similar companies or a compare a company over different periods)
☆ Get help (SOS button) about each item needed for the calculations
About Altman Z-Score (source: Wikipédia):
The Z-score formula for predicting bankruptcy was published in 1968 by Edward I. Altman, who was, at the time, an Assistant Professor of Finance at New York University.
The formula may be used to predict the probability that a firm will go into bankruptcy within two years. Z-scores are used to predict corporate defaults and an easy-to-calculate control measure for the financial distress status of companies in academic studies. The Z-score uses multiple corporate income and balance sheet values to measure the financial health of a company.
Stock Market | Altman Z-Score is a free software application from the Accounting & Finance subcategory, part of the Business category.
The app is currently available in English and it was last updated on 2011-07-27. The program can be installed on Android.
Stock Market | Altman Z-Score (version 2.0) is available for download from our website.
Just click the green Download button above to start. Until now the program was downloaded 22 times.
We already checked that the download link to be safe, however for your own protection we recommend that you scan the downloaded software with your antivirus.