GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Aetna Inc (FRA:HE8) » Definitions » Altman Z2-Score

Aetna (FRA:HE8) Altman Z2-Score


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

What is Aetna 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.


Aetna (FRA:HE8) Business Description

Traded in Other Exchanges
N/A
Address
Aetna is one of the largest managed-care organizations in the U.S., with over 22 million medical members. This large member count helps the firm diversify its operating risk and has formed the basis for material competitive advantages. The firm provides health insurance services to its members through products that encompass every major insurance market--individual, group, and government sponsored. Aetna and CVS recently announced their intention to merge operations, and if approved, it would form one of the most powerful players within the healthcare space.