" The Bankruptcy Risk Meter gives a visual representation of how likely a company is to head into serious financial difficulty within the next two years.
The meter is derived from the Altman Z-Score, a statistical bankruptcy indicator generated from a set of balance sheet ratios. If the meter is in the safe zone (*indicating a Z-Score greater than 3*) the financial health of the company is good, whereas a company is in serious trouble if the meter is in the distress zone (*indicating a Z-Score less than 1.8*). Tests have shown that the Distress Zone is 80-90% accurate in predicting bankruptcy."
Results for some of our favourites
NG =1.64
GFRD = 3.99
SSE = 1.37
TW = 8.62
BMS = 3.4 (ok, this is one of my non HYP shares - divvi hunting!)
ITV = 5.4
VOD = -1.64 (negative)
GNK = 1.79
RMG = 3.13
MKS = 4.37
MARS=0.56
BVIC =1.85
EZJ = 3.16
BP = 1.11
PSON = 1.32 (just thought I'd throw that one in!)
ADM= ?
GSK = 1.22
CLLN = 1.45
AV and SL = not calculated
Sleep tight.....
![Shocked :shock:](./images/smilies/icon_eek.gif)
(Hopefully you guys will have seen this all before and not be too concerned....I hope!)