M4-20. Bankruptcy Risk and Z -Score Analysis 2017

$20,084 2016

$19,681 Following are selected ratios for Logitech International SA for the company's 2019 fiscal year. Compute and interpret the Altman Z-score.

$ thousands, except per share Current assets . . . . . . . . . . . . . . . $1 ,350,436 EBIT ......... ... .. . ... . .

Current liabilities. . . . . . . . . . . . . . $ 717,819 Total liabilities . . . . . . . .. .. . .

Total assets . . . . . . . . . . . . . . . . . $2,024,124 Sales revenue . ......... .. .

Retained earnings . . . . . . . . . . . . $1,365,036 Shares outstanding ... . .... .

Price per share . . . . . . . . . . . . . . . $ 39.34