GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MyState Ltd (ASX:MYS) » Definitions » Altman Z2-Score

MyState (ASX:MYS) Altman Z2-Score


View and export this data going back to 2009. Start your Free Trial

What is MyState Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.


MyState Business Description

Traded in Other Exchanges
N/A
Address
137 Harrington Street, Level 2, Hobart, TAS, AUS, 7000
MyState Limited is a Tasmania-based financial company that provides banking, trustee, and funds management services. The company generates the vast majority of its profit from its banking business, which provides a range of financial services including home and personal loans, credit and debit cards, and other financial products. Home loans account for the vast majority of its loan book. The funds management segment provides trustee and funds management services through the subsidiary TPT Wealth.