# Professor Edward Altman's SME Z-score research is featured

1 Faculty News October 8, 2019 ![](/sites/default/files/styles/246w/public/assets/images/con_034045.jpg?itok=WglDn-yZ)>

Excerpt from [This is Money](https://www.thisismoney.co.uk/money/smallbusiness/article-7508889/Z-Score-inventor-Edward-Altman-launches-new-tool-predict-likelihood-small-business-failure.html) -- "The SME Z-score, created by [Altman](https://www.stern.nyu.edu/faculty/bio/edward-altman) and one of his former students, Gabriele Sabato, follows the same model but determines whether or not a small company is likely to fail. Currently it covers all unlisted businesses with an annual turnover starting around $1million (£815,000) up to $150million (£122million) across Europe."

[Read More](https://www.thisismoney.co.uk/money/smallbusiness/article-7508889/Z-Score-inventor-Edward-Altman-launches-new-tool-predict-likelihood-small-business-failure.html)