Altman Z-Score – 5 Companies At Risk For Bankruptcy

By Andy Snyder In this article, Manward Press Founder Andy Snyder looks at the Altman Z-Score. It’s a little-known but very powerful indicator formula that helps investors identify companies that are at high risk for bankruptcy.
When it comes to investing, there aren’t many things worse than the “B” word. Of course, we’re talking about bankruptcy. The last thing we want to do when we’re investing is invest in a company that goes bankrupt. Our equity stake goes to zero. That’s bad.
So how do you avoid it? During the coronavirus pandemic, unemployment rates have been higher than we’ve seen since the Great Depression. Gold’s …read more