# Professor Edward Altman's Z-Score data is highlighted

1 Faculty News April 15, 2020 ![Splash Logo 190 x 145](/sites/default/files/styles/246w/public/assets/images/Splash%20Logo%20190%20x%20145.jpg?itok=DjMX35gp)>

Excerpt from [Splash](https://splash247.com/liner-bankruptcy-potential-spreads-in-step-with-the-coronavirus/) -- "The Z score formula for predicting bankruptcy was first published in 1968 by [Edward Altman](https://www.stern.nyu.edu/faculty/bio/edward-altman), who was, at the time, an assistant professor of finance at New York University. The formula can be used to predict the probability that a firm will go into bankruptcy within two years."

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