Z-Score Business Health Calculator
Introduction
The Altman Z-Score is a bankruptcy prediction model developed by Dr. Edward I. Altman of New York's University in the mid-1960's. The model assigns a coefficient to five financial ratios, the numerical values of which are added together to arrive at the Z-Score
The score is then compared to the scale below as an analytical tool to predict the probability of a company going bankrupt.
If you have a business and you are you experiencing financial difficulties and want to know what shape your business is in we highly recommend you use the Z-Score calculator to give you an indication of the health of a business. This calculator should be used over a number of periods to get a more accurate picture.
How to use this calculator
The balance sheet from your latest financial statement holds the numbers you'll need to calculate your company's Z-Score.
Find the entries for total assets, earnings before interest & tax (EBIT), net sales, market value of equity, total liabilities, working capital and retained earnings.
- Fill in your Total Assets
- Fill in your Earnings before Interest & Tax (EBIT)
- Fill in your Net Sales
- Fill in your Market Value of Equity
- Fill in your Total Liabilities
- Fill in your Working Capital
- Fill in your Retained Earnings
Should you have any queries regarding your company's finances - Money Advice Direct has a very effective, workable and legal answer - call us now on:
FREEPHONE 0800
074 6918
or Email us at: info@insolvencyhelpline.co.uk
IVA's
The IVA Guide
Money Advice Direct has put together an IVA Guide based on the enquiries and questions that we receive at our helpline offices.
In the guide we cover such subjects as IVA Approval, early settlment of your IVA, missed IVA payments, IVA failure, additional debt claims and much more.
[click here for IVA Guide]
What is an IVA?
The IVA is an extremely powerful tool enabling you to clear your debt and return to a clean financial bill of health. Visit Money Advice Direct's Guide to Individual Voluntary Arrangements (IVAs).
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DANGER
Due to the tremendous demand for debt consolidation services the United Kingdom is now overloaded with debt management companies that contain misleading information. [more...]