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Cadence Capital (ASX:CDM) Altman Z-Score


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What is Cadence Capital 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.

Cadence Capital Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cadence Capital Ltd (ASX:CDM) » Definitions » Altman Z-Score
Comparable Companies
ASX:WAR ASX:WMA ASX:BTI ASX:CVC ASX:GVF ASX:WAX ASX:EZL ASX:SEC ASX:GOW ASX:TGF BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
N/A
Address
131 Macquarie Street, Level 6, Sydney, NSW, AUS, 2000
Website
https://www.cadencecapital.com.au
Cadence Capital Ltd is an Australia based investment company that invests in listed equities, with the aim of producing above market risk-adjusted returns over time. The principal activity of the company is to invest primarily in the securities located in Australia and internationally. The company intends to take short positions and may also deal in derivatives for hedging purposes. It derives revenue from dividend income, interest income, and from the sale of its financial assets.