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PaperlinX SPS Trust (ASX:PXUPA.PFD) Altman Z-Score


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What is PaperlinX SPS Trust 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.


PaperlinX SPS Trust (ASX:PXUPA.PFD) Business Description

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PaperlinX SPS Trust invests in preference shares issued by PaperlinX SPS LLC, a wholly owned subsidiary of PaperlinX, domiciled in the USA. The Responsible Entity for the Trust is The Trust Company (RE Services) Limited.