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Mercantile Islami Insurance (DHA:MERCINS) Altman Z-Score


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What is Mercantile Islami Insurance 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.


Mercantile Islami Insurance (DHA:MERCINS) Business Description

Traded in Other Exchanges
N/A
Address
Red Crescent Bhaban, 61, Motijheel C/A, 1st Floor, Dhaka, BGD, 1000
Mercantile Islami Insurance PLC is a Bangladesh-based general insurance company operating in the private sector. It offers a wide range of insurance products, including Fire Insurance, Marine Insurance, Motor Insurance, and Overseas Mediclaim Policy (OMP). In addition, it provides a variety of insurance products for businesses, such as Industrial all Risk insurance, Contractors all Risk insurance, and Property insurance.