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Altman Z-Score Calculator

Gauge a company bankruptcy risk with the Altman Z-Score. Above 2.99 is the safe zone, 1.81-2.99 is grey, below 1.81 signals distress.

Calculator

Working capital

Retained earnings

EBIT

Market value of equity

Sales

Total assets

Total liabilities

How it works

The Altman Z-Score combines five financial ratios into a single bankruptcy-risk score. It was built to predict corporate distress two years out and remains a fast, widely used credit screen.

Z = 1.2(WC/TA) + 1.4(RE/TA) + 3.3(EBIT/TA) + 0.6(MktEq/TL) + 1.0(Sales/TA)

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Computed in your browser with standard published formulas via Quantora's verified library. For analysis & education — not investment advice. Quantora is not a registered investment adviser or broker-dealer.