Altman Z-Score Distress Probability Calculator

Compute Altman Z-score and map to default probability. Z = 1.2*X1 + 1.4*X2 + 3.3*X3 + 0.6*X4 + 1.0*X5. Zones: Z>2.99 safe, 1.81-2.99 grey, Z<1.81 distress.

Principal ($)
Annual Rate (%)
Years
Compounding / Year
$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.
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How to Use

Enter the values for the scenario you are assessing. Compute Altman Z-score and map to default probability. Z = 1.2*X1 + 1.4*X2 + 3.3*X3 + 0.6*X4 + 1.0*X5. Zones: Z>2.99 safe, 1.81-2.99 grey, Z<1.81 distress. Use the altman z-score distress result to inform your calculation.

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Frequently Asked Questions