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Rocket (MEX:RKT) Altman Z2-Score


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What is Rocket 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.

Rocket Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Rocket Companies Inc (MEX:RKT) » Definitions » Altman Z2-Score
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Traded in Other Exchanges
RKT:USA
Address
1050 Woodward Avenue, Detroit, MI, USA, 48226
Website
https://ir.rocketcompanies.com
Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company's mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company's lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket's origination process to offer loans to their customers. The company has rapidly gained market share in recent years and will also be the largest mortgage servicer in the US following its acquisition of the Mr. Cooper Group.