The Bankrupty prediction applet
You use this applet's results at your own risk. No claim is made as to it's accuracy.
The calculations are from Professor Edward Altman's book:
The weightings used are as follows:
- Public companies: 1.2*X1 + 1.4*X2 + 3.3*X3 + 0.6*X4 + 1.0*X5
- Private companies: 0.717*X1 + 0.847*X2 + 3.107*X3 + 0.420*X4 + 0.998*X5
- Non-manufacturing companies: 6.56*X1 + 3.26*X2 + 6.72*X3 + 1.05*X4