GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Ringerike Hadeland (OSL:RING) » Definitions » Altman Z-Score

SpareBank 1 Ringerike Hadeland (OSL:RING) Altman Z-Score


View and export this data going back to 1996. Start your Free Trial

What is SpareBank 1 Ringerike Hadeland Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


SpareBank 1 Ringerike Hadeland (OSL:RING) Business Description

Traded in Other Exchanges
N/A
Address
Southern Torv 6, Honefoss, NOR, 3510
SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.