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The Westaim (TSXV:WED) Altman Z2-Score


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What is The Westaim 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.

The Westaim (TSXV:WED) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Westaim Corp (TSXV:WED) » Definitions » Altman Z2-Score
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Traded in Other Exchanges
WEDXF:USA WEM1:Germany
Address
70 York Street, Suite 1700, Toronto, ON, CAN, M5J 1S9
Website
https://www.westaim.com
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures, and other arrangements, to provide its shareholders with capital appreciation and real wealth preservation. The group seeks to acquire debt, equity, or derivative securities of both public and private companies. The company derives revenue mostly from interest income and dividend income. Geographically, it has a business presence in the U.S., Asia Pacific, Canada, Europe, and other countries.