The model is used (et al., 1995 ALTMAN) to predict financial failure, a quantitative model is also called the
model discriminant analysis was developed in several studies by Altman that were reached its current form,
where this model evaluates each of liquidity, and activity And profitability and the extent of adoption of the
treaty on external sources of funding (borrowing) to finance its investments Where he was able (ALTMAN)
using the method of statistical analysis of discrimination to put this model according to the following equation:
Z.score = 3.25+ 6.56X1 + 3.26X2 + 6.72X3 + 1.05X4