GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Australian Finance Group Ltd (ASX:AFG) » Definitions » Altman Z-Score

Australian Finance Group (ASX:AFG) Altman Z-Score


View and export this data going back to 2015. Start your Free Trial

What is Australian Finance Group Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

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


Australian Finance Group Business Description

Traded in Other Exchanges
N/A
Address
100 Havelock Street, Level 4, West Perth, Perth, WA, AUS, 6005
Australian Finance Group Ltd is engaged in mortgage origination and management of home loans and commercial loans. It also distributes its own branded home loan products including traditional mortgage management products, white label. The company's segment includes Distribution, Manufacturing and Central. It generates maximum revenue from the Distribution segment.