(For other news from the Reuters Restructuring Summit, click on http://www.reuters.com/summit/Restructuring08?pid=500) Sept 26 (Reuters) -The Z-Score, a widely used formula for predicting corporate bankruptcies, has been signaling greater chances of a default by General Motors Corp since the automaker posted a $15.5 billion second quarter loss on Aug. 1. Here are some facts about the Z-Score and how it computes bankruptcy risk. * Edward Altman, professor of finance at New York ...
Premium Content (PAID Subscription Required)
"FACTBOX-Reuters Summit-Facts about Altman default formula" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.