Comments on: Free Altman Z Score Spreadsheet

By: Nicki Aggelopoulou

Nicki Aggelopoulou — Mon, 30 Jan 2012 23:14:33 +0000

Please send me the Free Altman Z Score Spreadsheet
Many thanks

By: Ashok

Ashok — Thu, 10 Nov 2011 08:35:24 +0000

Please send me the working spresd sheet.
Many thanks

By: Jae Jun

Jae Jun — Mon, 24 Oct 2011 18:22:49 +0000

Hi Julie,

Go to the main page (www.oldschoolvalue.com) and enter your email address to receive a list of free downloads.

By: Julie

Julie — Thu, 20 Oct 2011 10:05:28 +0000

Hi Jae Jun,

Could you send me the Altman z-score spreadsheet to my email address? I couldn’t download directly from yr blog.

Thanks,
Julie

By: lei

lei — Sat, 25 Sep 2010 02:35:02 +0000

I download Randy’s SMF excel Add-in , but it can’t be decompressed.

By: Mike

Mike — Sat, 01 May 2010 20:24:42 +0000

Jae – just perfect!

Thanks!

Cheers

By: Jae Jun

Jae Jun — Sat, 01 May 2010 18:59:06 +0000

Oh right. Forgot the install section.

You have to unzip the SMF addin to c:\SMF for it to work. Then follow the instructions that I just put up in the edited post to get excel to recognize the add-in.

By: Jim

Jim — Sat, 01 May 2010 06:27:28 +0000

Jae, Chroma is correct on what he said. There are two equations for the score both relating to different industries.

By: Mike

Mike — Sat, 01 May 2010 05:56:52 +0000

I am getting a bunch of #?name errors in the cells.

I have downloaded Randy’s SMF excel Add-in to desktop, extracted the file to a folder on the desktop, and installed the Add-in excel file in excel. Do I need to do anything to other excel file, RCHGetelementNumber-Element-Definition? Should I save it somewhere else? etc?

Cheers

By: Chroma

Chroma — Fri, 30 Apr 2010 07:12:58 +0000

Yes. The original Z-score from 1968 was to be used for manufacturing companies. He later revised the score because he realized that it was not effective for non-manufacturing companies. And neither versio is meant to predict bankruptcies for financial companies. I think he actually has more proprietary versions now, that he does not release the actual equations for. Is that more clear or did I muddy things up more?

I am looking forward to using your spreadsheet. Thanks again for all the hard work.
.-= Chroma´s last blog ..Investing Regret =-.

By: Jae Jun

Jae Jun — Fri, 30 Apr 2010 05:54:03 +0000

Chroma,
What do you mean by “The revised Altman Z score cannot be used for Manufacturing companies, which requires the original Altman Z score.”?

So the old one is for manufacturing and the revised is for non manufacturing?

By: Chroma

Chroma — Thu, 29 Apr 2010 18:16:35 +0000

Jae,

Thanks for the plug! I wanted to add that Altman had a later revision of his Z score. The original was for manufacturing companies this later version was more simple, more accurate and for non manufacturing companies. I gave a brief description of it at: http://chromainvesting.com/2010/01/09/altman-z-score-redux-covering-your-back-side-better/
.-= Chroma´s last blog ..Investing Regret =-.

By: Jae Jun

Jae Jun — Wed, 28 Apr 2010 07:16:42 +0000

Thanks Jim. It does look to be useful. Combine it with Piotroski and some good FCF figures and I should be able to find some solid companies.

By: Jim

Jim — Tue, 27 Apr 2010 19:49:59 +0000

Jae, nice spreadsheet. Much prettier than mine. I’ve been using the Z-Score for a few years now. It’s a useful tool.