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Peoples Leasing & Finance (COL:PLC.N0000) Altman Z-Score


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What is Peoples Leasing & 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.


Peoples Leasing & Finance (COL:PLC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 1161, Maradana Road, Borella, Colombo, LKA, 00800
Peoples Leasing & Finance PLC provides financial service. The company's operating segment include Lease and hire purchase; Loans; Islamic; Insurance business and Other business. It generates maximum revenue from the Lease and hire purchase segment. The company product portfolio mainly comprises finance leases, loans, deposits (fixed and saving deposits), Islamic products and factoring, as well as margin trading facilities and others.