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Find the Altman Z Score Rating. Net Working Capital = 141000 Sales= 15693000 R/E= 22501000 Book Value Liabilities= 14476000 EBIT= 4,012,000 MV Equities= 62263 BV
Find the Altman Z Score Rating.
Net Working Capital = 141000
Sales= 15693000
R/E= 22501000
Book Value Liabilities= 14476000
EBIT= 4,012,000
MV Equities= 62263
BV Equities= -10,000
Total Assets= 115095
Market Capital= 62263
P/S= 0
The Z score Analysis should be either 7.34 or 10.76 but I cannot figure out market value of Equity.
Using the Z score of :
Z= 1.2X + 1.4X + 3.3X +.6X + .999X
Please solve for the Z Score analysis, show work and explain.
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