GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nobleoak Life Ltd (ASX:NOL) » Definitions » Altman Z-Score

Nobleoak Life (ASX:NOL) Altman Z-Score


View and export this data going back to 2021. Start your Free Trial

What is Nobleoak Life 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.


Nobleoak Life Business Description

Traded in Other Exchanges
N/A
Address
44 Market Street, Level 4, Sydney, NSW, AUS, 2000
Nobleoak Life Ltd is involved in the manufacture and distribution of Life Insurance products (including death, total and permanent disability, trauma, income protection and business expenses insurance) through both its Direct and Strategic Partner (Advised) channels. The company's segment includes Direct business; Strategic Partnerships and Genus. It generates maximum revenue from the Direct segment.