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The period economic fluctuation is vital for an enterprise to exist and further develop,it directly affect the enterprise financial health.So,it is significant to build up financial early|warning index and measure the warning condition that the enterprise faces and take the effective measures to eliminate. We criticize Altman’s Z calculating model and build up some new indexes for enterprise financial early|warning condition measuring and making sound decision.
The period economic fluctuation is vital for an enterprise to exist and further develop, it directly affect the enterprise financial health.So, it is significant to build up financial early | warning index and measure the warning condition that the enterprise faces and take the effective measures to eliminate. We criticize Altman’s Z calculating model and build up some new indexes for enterprise financial early | warning condition measuring and making sound decision.