Project information
- Project: Predicting Bankruptcy of Companies Using Altman's Z-score model
- Skills: Tableau, k-means clustering, Altman's Z-Score, Data Cleaning, Python in Azure, Python (Programming Language), Data Visualization, Microsoft Excel, T-tests
- Project date: May 2023 - Aug 2023
- Project URL: github.com/hulyaalpagu/Predicting-Bankruptcy-Using-Altman-s-Z-score-model
Predicting Bankruptcy of Companies Using Altman's Z-score model
This study assesses bankruptcy risk in major Financial, Technology, and Pharmacy companies through Altman's Z-Score models. While effective in Technology and Pharmacy, Altman’s Z-score faces limitations in Finance. The project recommends tailored financial tools to boost forecasting accuracy in the financial sector and advocates for enhancing Altman's Z-score within this domain.