Summary Z-scores measure how far a closed-end fund's current discount status is from its average premium or discount. Writers will often highlight the probability of a given Z-score, usually to ...

The higher the Z score, the lower the probability of bankruptcy. A score above three indicates that bankruptcy is unlikely; a score below 1.8 indicates that bankruptcy is possible.

Solvency is a concern for non-Tesla car companies. The Z-score formula for predicting bankruptcy was published in 1968 by Edward I. Altman, who was, at the time, an Assistant Professor of Finance at ...

Unlike Z-Score, probability of bankruptcy is the value between 0 and 100 indicating the actual probability the firm will be distressed in the next two fiscal years.