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London City Equities (ASX:LCE) Altman Z-Score


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What is London City Equities 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.


London City Equities Business Description

Traded in Other Exchanges
N/A
Address
111 Harrington Street, Level 2, Suite 212, The Rocks, NSW, AUS, 2000
London City Equities Ltd is a holding company engaged in investing in entities that have market shares and offer growth. Its segments include Equity investment and Other. The company researches and invests long-term in strategic shareholdings in companies, which holds industry positions and has management, and represents value. The Equity investment segment acts as a key revenue generator for the firm.