---
title: "Altman Z-Score Calculator for Private Companies | MCC"
description: "Enter five balance sheet and income figures to get the Altman Z' score and zone for a private company. Free and private."
url: "https://mcc-solutionsnj.com/bookkeeping/altman-z-score-calculator"
---

Paid calculator

# Altman Z-score calculator

A classic screen for financial distress. Enter your assets, working capital, retained earnings, EBIT, equity, liabilities and sales.

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Paid calculator

## Altman Z-score calculator

Buy this calculator on its own for $9, one time. No membership needed. It runs in your browser and nothing you enter is sent to us or saved. Read how it works and the questions below first.

Want a second pair of eyes on your books? [A free bookkeeping health check](/bookkeeping/health-check).

The [Financial Suite](/bookkeeping/financial-suite) includes this and 9 more tools for $49. Members get this included. [See the membership](/membership) or [sign in](/membership/login). Already bought it? Email me my access link.

How it works

## How it works

This uses the revised **Z' model for private firms**: 0.717 x (working capital / assets) + 0.847 x (retained earnings / assets) + 3.107 x (EBIT / assets) + 0.420 x (book equity / liabilities) + 0.998 x (sales / assets). Above 2.9 is the safe zone, 1.23 to 2.9 is the grey zone and below 1.23 is the distress zone.

FAQ

## About this calculator

**Is a low score a prediction that the business will fail?**

No. It is a screen built from historical data on manufacturers, and small service or startup firms can score low and be fine. Use it as one signal alongside cash flow and trends.

**Can I use negative numbers?**

Working capital, retained earnings and EBIT can be negative in real life. Type the minus sign in the field if you need it.

**Where do the numbers come from?**

The balance sheet and profit and loss. Your bookkeeper can pull them.

**Is anything saved?**

No. The math runs in your browser and nothing you enter is sent to us.

**Is this tax or financial advice?**

No. It is a calculator for general information. Check the numbers against your own records, and ask an accountant before you act on them.

Related: [quick ratio and working capital calculator](/bookkeeping/quick-ratio-and-working-capital-calculator), [debt to equity ratio calculator](/bookkeeping/debt-to-equity-ratio-calculator). See [all free tools](/free-tools). More free tools: [Overtime pay calculator](/bookkeeping/overtime-pay-calculator), [Break-even calculator](/bookkeeping/break-even-calculator), [Tips deduction calculator](/bookkeeping/tips-deduction-calculator), or [see all free tools](/free-tools).

Free

### Month-End Close Checklist (PDF)

The five-day close, one page to print. Enter your email and we send a link to confirm it is yours, then the download. We may email you about new toolkits, and every email has an unsubscribe link.

General information, not tax or legal advice. [How we write and check our tools](/editorial-standards).

Do it yourself

### Financial Ratio Analysis Workbook

Enter three years of statements and see margins, liquidity, leverage and efficiency ratios side by side, with what each one means in plain English.

[See what's inside ($29)](/toolkits/financial-ratio-analysis-workbook)14-day full refund

## Want your books and numbers handled?

[Free health check](/bookkeeping/health-check)[Call (908) 444-6373](tel:+19084446373)