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Altman Z-Score for Brinks Company

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BCO: Brinks Company

The Brink's Company provides cash and valuables management, digital retail solutions, and automated teller machines (ATM) managed services in North America, Latin America, Europe, and internationally....

86.40 USD
Price
USD
Fair Value
Upside
80.21 - 115.91
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Brinks Company's Altman Z-Score:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 20240.01.02.03.0

Performance Summary
  • Brinks's latest twelve months altman z-score is 2.0
  • Brinks's altman z-score for fiscal years ending December 2020 to 2024 averaged 2.0.
  • Brinks's operated at median altman z-score of 2.0 from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, Brinks's altman z-score peaked in December 2023 at 2.1.
  • Brinks's altman z-score hit its 5-year low in December 2022 of 2.0.
  • Brinks's altman z-score decreased in 2020 (2.0, -25.7%), 2022 (2.0, -5.1%), and 2024 (2.0, -3.2%) and increased in 2021 (2.1, +2.8%) and 2023 (2.1, +7.3%).

How does Brinks's Altman Z-Score benchmark against competitors?

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We've identified the following companies as similar to Brinks Company 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.

Metric Usage: Altman Z-Score

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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.

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

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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

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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 Brinks Company below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-114.0-79.0-44.021.40200400600800

The chart above depicts the distribution of altman z-score for companies operating in the Industrials sector in the Developed economic region. Over 3,520 companies were considered in this analysis, and 3,381 had meaningful values. The average altman z-score of companies in the sector is 4.4 with a standard deviation of 12.0.

Brinks Company's Altman Z-Score of 2.0 ranks in the 16.2% percentile for the sector. The following table provides additional summary stats:

Altman Z-Score In The Industrials Sector
Economic Risk RegionDeveloped
Total Constituents3,522
Included Constituents3,381
Min-120.0
Max20.0
Median6.3
Mean4.4
Standard Deviation12.0

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

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