Altman Z-Score Calculator

Estimate a manufacturing company's bankruptcy risk with the Altman Z-score from five financial inputs

Frequently Asked Questions

What does the Altman Z-score measure?

It estimates how likely a company is to go bankrupt by combining five financial ratios into a single score with three risk zones.

What do the zones mean?

Above 2.99 is the safe zone, between 1.81 and 2.99 is the grey zone, and below 1.81 is the distress zone with elevated risk.

Does it work for any company?

The original model targets public manufacturing firms. Separate variants exist for private and non-manufacturing companies, and this is an estimate only.

Business Information Disclaimer: Estimates only. Not professional business advice.

This calculator provides estimates for informational purposes only. Business results vary by industry, market conditions, and execution. Not a substitute for professional business consulting, accounting, or legal advice. Consult qualified professionals before making business decisions.