You seem to be confusing the Altman Z-Score with the credit ratings assigned by the rating agencies. If you run the Altman Z-Score Model on Apple, you'll find the model shows it to be in excellent shape financially. Apple doesn't get a triple-A rating from the rating agencies because they only rate companies that issue debt.
On Mar 14 03:17 PM martyg wrote:
> so apple computer is not on the list because it has no debt (zero) > and it has over $26 billion in cash. they must be packing the furniture > and staring bankruptcy right in the face within 2 years.
Companies Rated Triple-A [View article]
On Mar 14 03:17 PM martyg wrote:
> so apple computer is not on the list because it has no debt (zero)
> and it has over $26 billion in cash. they must be packing the furniture
> and staring bankruptcy right in the face within 2 years.