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abrdn New India Investment Trust (CHIX:ANIIL) Altman Z-Score


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What is abrdn New India Investment 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.


abrdn New India Investment Trust Business Description

Traded in Other Exchanges
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn New India Investment Trust PLC is an investment trust. It outsources its investment management and administration to an investment management company. The company aims to provide shareholders with long-term capital appreciation by investing in companies that are incorporated in India or which derive revenue or profit from India, with dividend yield from the Company being of secondary importance. It invests in sectors such as Financials, Information Technology, Consumer Staples, Healthcare, Industrials, Real Estate, and others.