New tutorial on Edward Altman Z score, American inventor in 1968 of the business scoring tool which establish a probability of default within two years.The Z score is still widely used after many successive tests and improvements.
It is very popular especially by Anglo-Saxon companies who use it as a key indicator in their credit management decisions..
- What are its principles??
- What are its advantages?
- What are its limitations?
- How is it calculated?
Calculate it with our online calculator.