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Altman Z-Score

Calculate Altman Z-Score instantly with the exact formula and a worked example. Free online calculator — no signup.

Altman Z-Score

WC/TA
RE/TA
EBIT/TA
MV/Debt
Sales/TA
Z-score
2.89
1.2X₁+1.4X₂+3.3X₃+0.6X₄+1.0X₅Calculate Altman Z-Score instantly with the exact formula and a worked example. Free online calculator — no signup.
Z
2,89
Zone
Grey

More about: Altman Z-Score

What it calculates

The “Altman Z-Score” calculator computes Z-score from 5 parameters: wc/ta, re/ta, ebit/ta, mv/debt, sales/ta.

Used by investors to estimate returns, project savings, and analyze a portfolio.

Example calculation

With parameters WC/TA = 0.2, RE/TA = 0.3, EBIT/TA = 0.1, MV/Debt = 1.5, Sales/TA = 1 the result is 2.89 (1.2X₁+1.4X₂+3.3X₃+0.6X₄+1.0X₅).

How to use

  1. Enter the parameter values — every field above is adjustable with a slider.
  2. The result and related metrics are calculated automatically as you type.
  3. Use the additional metrics shown (if any) where needed.
  4. Copy the result or bookmark the page.

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