GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Care REIT Plc (CHIX:CRTl) » Definitions » Altman Z-Score

Care REIT (CHIX:CRTL) Altman Z-Score


View and export this data going back to 2019. Start your Free Trial

What is Care REIT 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.


Care REIT Business Description

Traded in Other Exchanges
Address
52 Lime Street, The Scalpel, 18th Floor, London, GBR, EC3M 7AF
Care REIT Plc is a real estate investment trust. The trust invests in a diversified portfolio of UK healthcare real estate assets, particularly residential care homes, and other healthcare properties around the UK. It aims to provide shareholders with attractive long-term and sustainable returns through quarterly dividends.