Get the tools used by (smart)2 investors.
SP500 -1.2%DOW -0.4%FTSE 100 0.3%NIKKEI -0.9%OIL 0.8%GOLD -0.1%
Sign In
WatchlistsIdeasScreenerData ExplorerChartsSaved Work

Altman Z-Score for Golconda Gold Ltd

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,

GG: Golconda Gold Ltd

Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Repu...

0.29 CAD
Price
– CAD
Fair Value
–
Upside
0.21 - 0.38
52-week range
Create ChartCreate ModelAdd To Watchlist

Analysis

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:

  • Current Ratio - A ratio that compares a company's current total assets to its current total liabilities.
  • Short Term Debt Coverage Ratio - A ratio that measures the amount of cash flow a firm generates for each dollar of short-term debt it uses
  • Total Debt / Total Assets - A ratio that measures a company's total debt as a percentage of total assets.
  • 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.
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 Golconda Gold Ltd below:

Sector Benchmark Analysis

All rights reserved. Terms Of Use