Altman Z-Score

Father of the Z-Score Presenting at Credit Congress

Dr. Ed Altman, PHD

The Z-Score has long been used as a predictor for bankruptcy, and the Credit Congress is proud to feature its creator, Ed Altman, PhD. Dr. Altman, a professor at New York University, designed the Z-score to track/predict companies' bankruptcy risks. The latest version of the bankruptcy predictive measure called the Altman's Z-Score+, which was unveiled in the form of a Smartphone (Android, BlackBerry & iPhone/iPad) and Web application, also includes predictors of the one-to-10-year likelihood of default and a bond-rating equivalent to match the score. For more information on the new Altman Z-Score+ application, visit altmanzscoreplus.com.

To NACM members, Dr. Altman is offering an inaugural 15% discount off the one-year subscription rate of $99.99 on Android, BlackBerry and Web apps purchased at altmanzscoreplus.com (Google checkout coupon code NACM). NACM members are also offered free the Time Value of Money Professional Android, BlackBerry and iPad app (Retail value $19.99) to first 50 iPhone/iPad app buyers. A 10% volume discount is available for companies purchasing a minimum of 5 licenses from Dr. Altman's website.

Dr. Altman presents "The Evolution and Importance of Corporate Distress Prediction and Financial Health Models and Their Implications" (#20049) on Wednesday morning, June 13 at Credit Congress. Read his session description.