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RATIOS & STATISTICS / ADVANCED
AltmanX3
Full Description

This metric, which measures the productivity of a firm's assets, independent of taxation or leverage, is logically equivalent to asset turnover except that it measures the rapidity with which assets are converted to EBIT rather than sales.

Our Formula

AltmanX3 = EBITTTM/ AstTotQ

NOTE: when N/A's are encountered during preliminary reports the preliminary data is excluded by falling back to previous quarter

Related Factors:

AltmanX1 AltmanX2 AltmanX3 AltmanX4 AltmanX5 AltmanX4Rev AltmanZ