Get the tools used by (smart)² investors.

Watchlists Ideas Screener Data Explorer Charts Saved Work

Altman Z-Score for nLIGHT Inc

Join now and get access to the full platform

Search for company or ETF

0 results available. Select is focused ,type to refine list, press Down to open the menu,

LASR: nLIGHT Inc

nLIGHT, Inc. designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates through two segmen...

8.93 USD

Price

– USD

Fair Value

–

Upside

7.94 - 14.72

52-week range

Create Chart Create Model Add To Watchlist

Analysis

Fiscal Years

Trailing Twelve Months

Fiscal Halfs

Fiscal Quarters

Daily

Hide this widget

The following section summarizes insights on nLIGHT Inc's Altman Z-Score:

Performance Summary

NLIGHT's latest twelve months altman z-score is 3.8
NLIGHT's altman z-score for fiscal years ending December 2020 to 2024 averaged 7.5.
NLIGHT's operated at median altman z-score of 6.9 from fiscal years ending December 2020 to 2024.
Looking back at the last 5 years, nLIGHT's altman z-score peaked in December 2020 at 12.7.
NLIGHT's altman z-score hit its 5-year low in December 2024 of 3.8.
NLIGHT's altman z-score decreased in 2020 (12.7, -13.1%), 2021 (9.4, -25.6%), 2022 (4.7, -50.0%), and 2024 (3.8, -45.5%) and increased in 2023 (6.9, +47.0%).

Benchmarks

Metric Usage: Altman Z-Score

Hide this widget

altman_z_score

Slug

number

Datatype

text

Format

current

Default Period

FY, LTM

Periods Supported

Free

Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

Hide this widget

Metrics similar to Altman Z-Score in the risk category include:

Debt / Total Equity - A ratio that measures the level of the debt relative to the book value of total equity.
Beta (2 Year) - A ratio that measures the risk or volatility of a company's share price in comparison to the market as a whole. Beta (2 Year) is calculated using two years of weekly returns.
Cash Flow / Total Debt - A ratio used in two ways - a) to measure cash flow coverage and b) the inverse ratio to estimate the length of time needed to pay off debts.
Cash And ST Investments / Total Assets - A ratio that measures a company's cash and short-term investments as a percentage of total assets.

View Full List

Search for metric or datapoint

Altman Z-Score

A formula used to predict the probability that a firm will go into bankruptcy within two years.

Definition of Altman Z-Score

Hide this widget

Altman Z-Score is a formula used to predict the probability that a firm will go into bankruptcy within two years. The original paper by Professor Edward I. Altman can be found here.

The formula for Z-Score is as follows:

Z = 1.2A + 1.4B + 3.3C + 0.6D + 1.0E

A = Working Capital / Total Assets
B = Retained Earnings / Total Assets
C = EBIT / Total Assets
D = Market Value Of Equity / Book Value Of Total Liabilities
E = Sales / Total Assets

For non-U.S. and financial institutions, a modified version of the formula called Z"-Score is used.

Z" = 6.56A + 3.26B + 6.72C + 1.05D + 3.25

A = Working Capital / Total Assets
B = Retained Earnings / Total Assets
C = Operating Income / Total Assets
D = Book Value of Equity / Book Value Of Liabilities

The formula for Z-Score is as follows:

Z-Score:
  Z > 2.99            |   Safe Zone
  2.99 > Z > 1.81     |   Gray Zone
  Z < 1.81            |   Distress Zone

Z"-Score:
  Z > 2.6             |  Safe Zone
  2.6 > Z > 1.1       |  Gray Zone
  Z < 1.1             |  Distress Zone

Click the link below to download a spreadsheet with an example Altman Z-Score calculation for nLIGHT Inc below:

Sector Benchmark Analysis

Sector

Industry Group

Industry

Hide this widget

The chart above depicts the distribution of altman z-score for companies operating in the Information Technology sector in the Developed economic region. Over 2,490 companies were considered in this analysis, and 2,392 had meaningful values. The average altman z-score of companies in the sector is -8.4 with a standard deviation of 58.0.

nLIGHT Inc's Altman Z-Score of 3.8 ranks in the 38.4% percentile for the sector. The following table provides additional summary stats:

Altman Z-Score In The Information Technology Sector
Economic Risk Region	Developed
Total Constituents	2,492
Included Constituents	2,392
Min	-688.0
Max	25.2
Median	6.0
Mean	-8.4
Standard Deviation	58.0

You can find companies with similar altman z-score using this stock screener.