The Altman Z-score is an essential financial tool for evaluating a company’s bankruptcy risk, a key indicator of financial health developed by Professor Edward Altman in the 1960s. This predictive model assists investors, analysts, and business owners in gauging a…

Financial distress can affect individuals, businesses, and even governments, leading to serious challenges if not addressed promptly. Recognizing the signs of financial distress early on can help in developing a sound strategy to mitigate its impact. Common indicators of financial…