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Altman Z-Score API Reference

This page documents the API for the Altman Z-Score function in Pypulate.

Altman Z-Score for bankruptcy prediction.

altman_z_score(working_capital, retained_earnings, ebit, market_value_equity, sales, total_assets, total_liabilities)

Calculate Altman Z-Score for predicting bankruptcy risk.

Z-Score = 1.2X1 + 1.4X2 + 3.3X3 + 0.6X4 + 0.999*X5

Parameters:

Name Type Description Default
working_capital float

Working capital

required
retained_earnings float

Retained earnings

required
ebit float

Earnings before interest and taxes

required
market_value_equity float

Market value of equity

required
sales float

Sales

required
total_assets float

Total assets

required
total_liabilities float

Total liabilities

required

Returns:

Type Description
dict

Z-score value and risk interpretation