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Pinnacle Investment Management Group (ASX:PNI) Altman Z-Score


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What is Pinnacle Investment Management 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.


Pinnacle Investment Management Group Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Level 25, Australia Square Tower, Sydney, NSW, AUS, 2000
Pinnacle Investment Management Group is an Australia-based multi-affiliate investment management firm. The principal activities of the firm are equity, seed capital and working capital, and providing distribution services, business support, and responsible entity services to a network of boutique asset managers, termed as "affiliates." Apart from deriving revenue from its services, Pinnacle also earns a share of profits from its affiliates via holding equity interests in them. The business is growing rapidly with number of boutiques and FUM growing to 18 and around AUD 155 billion in December 2024, respectively, from seven and AUD 23 billion in December 2016.