GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Commercial Credit and Finance PLC (COL:COCR.N0000) » Definitions » Altman Z-Score

Commercial Credit and Finance (COL:COCR.N0000) Altman Z-Score


View and export this data going back to 2011. Start your Free Trial

What is Commercial Credit and Finance 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.


Commercial Credit and Finance Business Description

Traded in Other Exchanges
N/A
Address
Number 106, Yatinuwara Veediya, Kandy, LKA
Commercial Credit and Finance PLC provides financial services to its customers. The company's services include acceptance of deposits, granting lease facilities, hire purchase, personal loans, microloans, pawning and other credit facilities, real estate development, and related services. Its products consist of fixed deposits, fixed savers, leasing and hire purchases, gold loans, term loans, educational loans, short-term loans, microfinance, investment advice, and factoring. Its segments consist of Finance Lease, Hire Purchase, Microfinance and SME Loans, Gold Loan, Term Loan, Revolving Loans, and Investments. The majority of the revenue is received from the Hire Purchase segment.