GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Baloise Holding AG (CHIX:BALNz) » Definitions » Altman Z-Score

Baloise Holding AG (CHIX:BALNZ) Altman Z-Score


View and export this data going back to 2009. Start your Free Trial

What is Baloise Holding AG 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.


Baloise Holding AG Business Description

Address
Aeschengraben 21, Basel, CHE, CH-4002
Baloise Holding AG is a diversified insurance company that operates multiple segments, including Nonlife, Life, Asset Management & Banking, and Other activities. The majority of its revenue is generated in Switzerland, followed by Belgium, Luxemburg, and Germany. Its focus is customer-oriented.