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Bostonnd & Gravel Co (Bostonnd & Gravel Co) Altman Z-Score


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What is Bostonnd & Gravel Co Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Bostonnd & Gravel Co does not have enough data to calculate Altman Z-Score.


Bostonnd & Gravel Co Altman Z-Score Historical Data

The historical data trend for Bostonnd & Gravel Co's Altman Z-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bostonnd & Gravel Co Altman Z-Score Chart

Bostonnd & Gravel Co Annual Data
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Bostonnd & Gravel Co Quarterly Data
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Competitive Comparison of Bostonnd & Gravel Co's Altman Z-Score

For the Building Materials subindustry, Bostonnd & Gravel Co's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bostonnd & Gravel Co's Altman Z-Score Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Bostonnd & Gravel Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Bostonnd & Gravel Co's Altman Z-Score falls into.



Bostonnd & Gravel Co  (OTCPK:BSND) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Bostonnd & Gravel Co Altman Z-Score Related Terms

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Bostonnd & Gravel Co (Bostonnd & Gravel Co) Business Description

Traded in Other Exchanges
N/A
Address
100 North Washington Street, P.O. Box 9187, Boston, MA, USA, 02114
Boston Sand & Gravel Co along with its subsidiaries is engaged in bulk materials production, logistics and delivery of ready-mix concrete, sand, and aggregate products for both residential and commercial customers. Its products include Concrete, Fibers, Admixtures, Green products, Concrete Blocks, and others.

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