What is the Altman-Z score?

What is the Altman-Z score?
Welcome to our short [What is the Altman-Z score?] video ๐ŸŽฅ where we will be discussing the Altman-Z score. In this short [What is the Altman-Z score?] video ๐ŸŽฅ, we will explore the origins of this powerful financial tool, how it works, and why it matters for both investors and companies. The Altman-Z score, developed by Edward Altman in the 1960s, is a formula that uses five financial ratios to predict the likelihood of a company going bankrupt within the next two years. These ratios include profitability, liquidity, leverage, solvency, and efficiency, and by plugging them into the formula, a score between 0 and 10 is generated. A score above 3 indicates a low risk of bankruptcy, while a score below 1.8 suggests a high risk. This makes the Altman-Z score a valuable tool for investors and creditors to assess the financial health of a company before making any decisions. What's even more important is that the Altman-Z score can serve as an early warning sign for companies to take action and improve their financials before it's too late. This makes it a crucial tool for companies to evaluate their financial standing and potentially make necessary changes to avoid bankruptcy. ๐Ÿ”ด Please also Join us in the BeachBum Trading Community by Subscribing to the BeachBum Trading YouTube Channel at ๐Ÿ‘‰ https://www.youtube.com/c/BeachBumTrading?sub_confirmation=1 and Please Click the Bell Icon ๐Ÿ”” so that You are Notified and Never Miss an Episode of BeachBum Trading. All for FREE. ๐ŸŽฅ RELATED VIDEOS ๐Ÿ“Ÿ ---------------------------------------------------------------------------- ๐ŸŽฅ What is the Graham Number for a Stock? ๐Ÿ‘‰ https://youtube.com/shorts/yucqHPwSIM0 ๐ŸŽฅ What is the Beta for a Stock? ๐Ÿ‘‰ https://youtube.com/shorts/CGuawc3pdbE ๐ŸŽฅ What is the ATR? ๐Ÿ‘‰ https://youtube.com/shorts/ZydGn3ZdSEE ๐ŸŽฅ What is the Relative Strength Indicator (RSI)?๐Ÿ‘‰ https://youtube.com/shorts/53jK7nMBEQc ๐ŸŽฅ What is the VWAP? ๐Ÿ‘‰ https://youtube.com/shorts/ZVz95dT3bMk ๐ŸŽฅ What is an Exponential Moving Average (EMA)? ๐Ÿ‘‰ https://youtube.com/shorts/-R4lSVFH4lI ๐ŸŽฅ Beware of Zombie ๐ŸงŸ Stocks [Weekly Trading Game Plan] 10/31 โ€“ 11/4/22 | Part 1 ๐Ÿ‘‰ https://youtu.be/juTerA2dy2U ๐ŸŽฅ Beware of Zombie ๐ŸงŸ Companies ๐Ÿ‘‰ https://youtu.be/0zEB44CMpSg ๐ŸŽฅ You may / Please see ๐Ÿ‘€ All of the BeachBum Trading videos in the [Beginnerโ€™s Guide to Trading] YouTube Playlist, All for FREE, at ๐Ÿ‘‰ https://www.youtube.com/playlist?list=PLH_4RiO370FPYA5Cln3KP6QG4E8etG6Bk ๐Ÿ‘‰ Please find and Watch ๐Ÿ‘€ All of the BeachBum Trading Shorts ๐ŸŽฅ videos, All for FREE, at ๐Ÿ‘‰ https://www.youtube.com/@BeachBumTrading/shorts ๐Ÿงฐ TRADING TOOLS ๐Ÿงฐ ๐Ÿ› ๏ธ Webull โ€“ Get FREE stocks with Webull ๐Ÿ‘‰ https://bit.ly/3jKfvw5 ๐Ÿ› ๏ธ E*TRADE โ€“ Use our link and we both get rewarded! ๐Ÿ‘‰ https://bit.ly/3zP6rvB ๐Ÿ› ๏ธ FinViz ๐Ÿ‘‰ https://bit.ly/3h7r8M3 ๐Ÿ› ๏ธ ChartMill ๐Ÿ‘‰ https://bit.ly/3By9g4X ๐Ÿ› ๏ธ TD Ameritrade thinkorswimยฎ [TOS] ๐Ÿ‘‰ https://ift.tt/MtuPKaJ ๐Ÿ› ๏ธ Seeking Alpha ๐Ÿ‘‰ https://ift.tt/ELNXb4M ๐Ÿ› ๏ธ Benzinga Pro ๐Ÿ‘‰ https://ift.tt/ZX2M8OG ๐Ÿ“ˆ TRADING PLATFORMS ๐Ÿ“ˆ โœ… Webull โ€“ Get FREE stocks with Webull ๐Ÿ‘‰ https://bit.ly/3jKfvw5 โœ… E*TRADE โ€“ Use our link and we both get rewarded! ๐Ÿ‘‰ https://bit.ly/3zP6rvB โœ… Public Investing ๐Ÿ‘‰ https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries) #AltmanZScore #bankruptcy #solvencyratios ๐Ÿ‘€ BeachBum Trading on Social Media ๐Ÿ‘€ ๐ŸŒ To See ๐Ÿ‘€ any Daily Changes to our Watch List(s), "Real Time Alerts" ๐Ÿ“ฃ of our Buys, aggregated News on our current Positions, etc., โ€ฆ Please watch / keep an eye ๐Ÿ‘€ on the Comments section of this video, below, and/or โ€ฆ Please also Follow BeachBum Trading on: ๐Ÿ‘‰ Patreon at: https://ift.tt/ou8nZ4M ๐Ÿ‘‰ Discord at: https://ift.tt/TEPeYyI ๐Ÿ‘‰ Twitter at: https://twitter.com/BeachBmTrading ๐Ÿ‘‰ Pinterest at: https://ift.tt/aoBWXRU ๐Ÿ‘‰ Facebook at: https://ift.tt/o4NSaDp ๐Ÿ‘‰ Facebook Group at: https://ift.tt/fTqnHaL ๐Ÿ‘‰ Facebook Page at: https://ift.tt/n9eLMYz ๐Ÿ‘‰ Instagram at: https://ift.tt/Yx6V7Qz ๐Ÿ‘‰ Reddit at: https://ift.tt/gqLNO3j ๐Ÿ– Please also Join Us in the [BeachBum Trading] Community [Discord Server] ๐ŸŽฎ, for FREE, at ๐Ÿ‘‰ https://ift.tt/TEPeYyI ๐Ÿก Please also Visit the ๐Ÿ– [BeachBum Trading] [Home Page] at ๐Ÿ‘‰ https://ift.tt/5iPZEwn ๐Ÿ™ Please Help us be able to continue to produce frequent quality content to help You Learn How to Trade so that You may Achieve the Financial Freedom You Want and Deserve to be able live the BeachBum lifestyle and/or any kind of life that You would like to live! and get Access to our New BeachBum Trading Community Discord Server Now by Supporting BeachBum Trading via Patreon at ๐Ÿ‘‰ https://ift.tt/ou8nZ4M
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