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Ringkjoebing Landbobank A/S (LTS:0RPR) Altman Z2-Score


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What is Ringkjoebing Landbobank A/S 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.

Ringkjoebing Landbobank A/S (LTS:0RPR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ringkjoebing Landbobank A/S (LTS:0RPR) » Definitions » Altman Z2-Score
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Traded in Other Exchanges
RILBA:Denmark CJ2:Germany
Address
Torvet 1, Ringkobing, DNK, 6950
Website
http://www.landbobanken.com
Ringkjoebing Landbobank A/S is a bank that carries out its operating activities primarily in Denmark. A majority of the bank's core income is net interest income. Most of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain strong capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture.