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Sanasa Development Bank (COL:SDB.N0000) Altman Z-Score


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What is Sanasa Development Bank 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.


Sanasa Development Bank Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Edmonton Road, Kirulapone, Colombo, LKA, 06
Sanasa Development Bank PLC provides banking services. Its main activities include accepting deposits, special deposits, credit pawning, leasing and refinance loan schemes. The company operates in the business segments of Banking, Leasing, Treasury, and Pawning. The banking segment which derives key revenue, includes banking activities relating to individual customers' deposits and consumer financing, equipment financing, and home and property financing.