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Simple Z-score Calculator (UK) Varies with device

1 MB / 0+ Downloads / Rating 5.0 - 1 reviews


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Simple Z-score Calculator (UK), developed and published by Business Research & Applications Limited, has released its latest version, Varies with device, on 2019-01-13. This app falls under the Tools category on the Google Play Store and has achieved over 5 installs. It currently holds an overall rating of 5.0, based on 1 reviews.

Simple Z-score Calculator (UK) APK available on this page is compatible with all Android devices that meet the required specifications (Android 2.3+). It can also be installed on PC and Mac using an Android emulator such as Bluestacks, LDPlayer, and others.

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App Screenshot

App Screenshot

App Details

Package name: biz.matterof.simple_zscore_calculator

Updated: 6 years ago

Developer Name: Business Research & Applications Limited

Category: Tools

Installation Instructions

This article outlines two straightforward methods for installing Simple Z-score Calculator (UK) on PC Windows and Mac.

Using BlueStacks

  1. Download the APK/XAPK file from this page.
  2. Install BlueStacks by visiting http://bluestacks.com.
  3. Open the APK/XAPK file by double-clicking it. This action will launch BlueStacks and begin the application's installation. If the APK file does not automatically open with BlueStacks, right-click on it and select 'Open with...', then navigate to BlueStacks. Alternatively, you can drag-and-drop the APK file onto the BlueStacks home screen.
  4. Wait a few seconds for the installation to complete. Once done, the installed app will appear on the BlueStacks home screen. Click its icon to start using the application.

Using LDPlayer

  1. Download and install LDPlayer from https://www.ldplayer.net.
  2. Drag the APK/XAPK file directly into LDPlayer.

If you have any questions, please don't hesitate to contact us.

Previous Versions

Simple Z-score Calculator (UK) Varies with device
2019-01-13 / 1 MB / Android 2.3+

About this app

One of the tools used by financial analysts to assess the viability of a business is Altman’s Z-score. Corporate failure is linked to a series of actions which are related to a company’s fundamentals which long-term reflect the likelihood of a business going bankrupt. According to this statement, Prof.E.I.Altman developed in 1968 a multivariate statistical model considering a linear combination of several financial ratios that allow to differentiate between failing companies a non-failing ones.

The result obtained from the model gives what is known as the Z-score. Low values indicate the company has a high probability of failing while high values predict the company is less likely to fail. In fact, Altman’s seminal work predicted correctly 72% of the bankrupted companies two years prior to the event.

However, the Z-score is an explanatory tool rather than an instrument to forecast business viability, and this tool should only be used as a baseline or a first approach to viability assessment. For instance, it is suggested to analyse thoroughly those companies with lower Z-index values while resources and time can be saved with those obtaining higher values.

This app includes the model that R.Taffler calculated for UK companies. Likewise, it can be established that Taffler's z-scores with negative values lead to companies with high probability of default while those with positive values can be considered as in better financial stance.

An estimate of the probability of default is calculated by using a logistic cumulative function.