Sears, J C Penney – 30 Companies That Might Disappear In 2017 Based On Altman Z

Sears, J C Penney - 30 Companies That Might Disappear In 2017 by Ben Taylor, FindTheCompany

It’s one thing to predict the next Google, Facebook or Uber — the hot companies of the future that will define the next decade of enterprise and investing. But what about predicting the next Borders or Blockbuster? Sometimes big business flops can be just as spectacular as corporate success stories.

In the 1960s, New York University Professor Edward Altman set out to do just that. He devised a four-part formula — based entirely on publicly available financials — to predict which companies would go bankrupt within two years. The formula produced a single number for...