The Altman Z-Score: Can a Formula Predict Bankruptcy?
Imagine if you could take a company’s financial pulse with a single number. If the number is high, the company is healthy. If it’s low, the company might be heading for the ICU (bankruptcy). That is exactly what the Altman Z-Score does. In the world of Financial Risk Management, this is one of the oldest and most famous tools for predicting corporate distress. Whether you are a Data Engineer building a risk pipeline or an investor looking at stocks, understanding this score is a fundamental skill. ...