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Xerox Holdings Corporation, together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in North America, Latin America,...
The following section summarizes insights on Xerox Corp's Altman Z-Score:
We've identified the following companies as similar to Xerox Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
Data is returned as a standard number. Suggested format is one decimal (e.g 7.0). Please note, you need a Premium subscription to access data for altman_z_score.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Altman Z-Score in the risk category include:
A formula used to predict the probability that a firm will go into bankruptcy within two years.
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
The chart above depicts the distribution of altman z-score for companies operating in the Information Technology sector in the Developed economic region. Over 2,400 companies were considered in this analysis, and 2,313 had meaningful values. The average altman z-score of companies in the sector is -8.9 with a standard deviation of 62.6.
Xerox Corp's Altman Z-Score of 2.0 ranks in the 30.6% percentile for the sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 2,409 |
| Included Constituents | 2,313 |
| Min | -824.8 |
| Max | 25.9 |
| Median | 6.0 |
| Mean | -8.9 |
| Standard Deviation | 62.6 |
You can find companies with similar altman z-score using this stock screener.