KudoZ home » Polish to English » Economics

wskaźnik Altmana

English translation: The Altman Z-score

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Polish term or phrase:wskaźnik Altmana
English translation:The Altman Z-score
Entered by: literary
Options:
- Contribute to this entry
- Include in personal glossary

19:38 Aug 27, 2014
Polish to English translations [PRO]
Science - Economics
Polish term or phrase: wskaźnik Altmana
używany do oceny ryzyka upadłości firmy

score, ratio?
po wpisaniu w Google: "bankruptcy risk" Altman's
takie się pokazują możliwości
literary
Local time: 12:00
The Altman Z-score
Explanation:
The Altman Z-score
---

Definition of 'Altman Z-Score'

The output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. The Altman Z-score, is based on five financial ratios that can be calculated from data found on a company's annual 10K report. The Altman Z-score is calculated as follows:

Z-Score = 1.2A + 1.4B + 3.3C + 0.6D + 1.0E

Where:

A = Working Capital/Total Assets
B = Retained Earnings/Total Assets
C = Earnings Before Interest & Tax/Total Assets
D = Market Value of Equity/Total Liabilities
E = Sales/Total Assets

A score below 1.8 means the company is probably headed for bankruptcy, while companies with scores above 3.0 are not likely to go bankrupt. The lower/higher the score, the lower/higher the likelihood of bankruptcy.
http://www.investopedia.com/terms/a/altman.asp

--------------------------------------------------
Note added at 7 mins (2014-08-27 19:46:33 GMT)
--------------------------------------------------

http://www.investinganswers.com/financial-dictionary/financi...
http://mfiles.pl/pl/index.php/Wskaźnik_Altmana
Selected response from:

mike23
United Kingdom
Local time: 11:00
Grading comment
OK
4 KudoZ points were awarded for this answer

Advertisement


Summary of answers provided
3 +3The Altman Z-scoremike23


  

Answers


5 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
The Altman Z-score


Explanation:
The Altman Z-score
---

Definition of 'Altman Z-Score'

The output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. The Altman Z-score, is based on five financial ratios that can be calculated from data found on a company's annual 10K report. The Altman Z-score is calculated as follows:

Z-Score = 1.2A + 1.4B + 3.3C + 0.6D + 1.0E

Where:

A = Working Capital/Total Assets
B = Retained Earnings/Total Assets
C = Earnings Before Interest & Tax/Total Assets
D = Market Value of Equity/Total Liabilities
E = Sales/Total Assets

A score below 1.8 means the company is probably headed for bankruptcy, while companies with scores above 3.0 are not likely to go bankrupt. The lower/higher the score, the lower/higher the likelihood of bankruptcy.
http://www.investopedia.com/terms/a/altman.asp

--------------------------------------------------
Note added at 7 mins (2014-08-27 19:46:33 GMT)
--------------------------------------------------

http://www.investinganswers.com/financial-dictionary/financi...
http://mfiles.pl/pl/index.php/Wskaźnik_Altmana

mike23
United Kingdom
Local time: 11:00
Works in field
Native speaker of: Native in PolishPolish
PRO pts in category: 28
Grading comment
OK

Peer comments on this answer (and responses from the answerer)
agree  Monika Wojewoda
4 mins
  -> Dzięki, hej

agree  ModTranslator
1 hr
  -> Dziękuję

agree  Frank MacroJanus
2 hrs
  -> Thanks and cheers!
Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search