The design of a credit risk measurement model in the monetary and banking system will play an important role in increasing the profitability of banking resources. This article attempts to use two models of Logit and Z Altman to determine and predict the credit risk of facilities provided to legal entities at a private bank in Iran. The variables studied in this research include qualitative vari...

One of the issues helping make investment decisions is appropriate tools and models to evaluate financial situation 0f the organization.  By means of these tools, investors can analyze financial situation of the organization and identify financial distress or an ideal condition, they become aware of making decisions to invest in appropriate conditions.  The main objective of this study is to ev...

Model validation is recognised as crucial to microsimulation modelling. However, modellers encounter difficulty in choosing the most meaningful methods to compare simulated and actual values. The aim of this paper is to introduce and demonstrate a method employed widely in healthcare calibration studies. The ‘Bland-Altman plot’ consists of a plot of the difference between two methods against th...

This study reintroduces the famous discriminant functions from Edward Altman and Begley, Ming and Watts (BMW) that were used to predict bankrupts. We will formulate three new discriminant functions which differ from Altman’s and BMW’s re-estimated Altman model. Altman’s models as well as Begley, Ming and Watts’s re-estimated Altman model apply to publicly traded industries, whereas the new mode...

Formula Altman Z-score, uses various ratios that create a predictor of difficulty. Characteristics these are used to identify possible future profit difficulties. Financial in this method WCTA, RETA, EBITTA, MVEBVL, and STA. Problem research lies two dimensions, first dimension is how evaluate company's financial performance using the components model, second Z-score formula predicts difficulti...

We are pleased that EuroSCORE II [1] continues to generate interest and are happy to respond to concerns about its development and evaluation [2]. We find very little to disagree with in the points raised by Collins and Altman [3], but are not convinced that their suggested alternative analysis would have resulted in materially different results. Our approach to the analysis was traditional (sp...