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ACI Worldwide Inc (NAS:ACIW)
Altman Z-Score
2.73 (As of Today)
ACI Worldwide Inc has a Z-score of 2.73, indicating it is in Grey Zones. This implies that ACI Worldwide Inc is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress” Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey” Zones.
ACIW' s Altman Z-Score Range Over the Past 10 Years
Min: 0.61 Max: 15.42
Current: 2.7
0.61
15.42
During the past 13 years, ACI Worldwide Inc's highest Altman Z-Score was 15.42. The lowest was 0.61. And the median was 3.20.
Altman’s “Z- Score”, the paramount recognized model of Financial Distress which uses several ratios to generate a prediction of the likelihood of Bankruptcy. This model uses multiple discriminant analysis to predict the Financial Distress. According to the rules of calculating Z-Score, we need to find the Five Financial Ratios.
Assessment
Here we can perceive the ALTMAN’S Z -Score of ADVANCED CHEMICAL INDUSTRIES LIMITED (ACI), which reveals the Financial Distress of the Company as a whole. ACI has the Z-Score of 1.57 which reflects, the company is in the Ambiguous Position. On the other hand the entire company is not solvent enough because the Working Capital figure of the company is showing negative, which is one of the major factors in analyzing the Z-Score. At the end of the analysis we can see, though the Z-Score of ACI is more than 1.20 which shows the company has no high-risk of Bankruptcy, but the score 1.57 is not healthy enough for the company like ACI. The company management has to take profound steps to get the desired score. With the present condition the company is in the GRAY OR AMBIGUOUS AREA.

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