Estimating the financial strength and predicting the financial Insolvency of Algerian listed companies during the period 2010-201

Abstract

This study attempts to apply the Altman Z-score model to estimate the financial strength of Algerian listed companies and to predict the probability of its financial insolvency during 2010-2015. This study revealed that there are only two listed companies in the security zone throughout the study period 2010-2015, while the other three companies are in the area of ignorance and the area of the financial insolvency. This indicates that these companies may experience financial difficulties in the near future.