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Renta 4 Banco (FRA:4RE) Altman Z-Score


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What is Renta 4 Banco 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.

Renta 4 Banco Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Renta 4 Banco SA (FRA:4RE) » Definitions » Altman Z-Score
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Traded in Other Exchanges
R4:Spain
Address
Paseo de la Habana 74, Madrid, ESP, 28036
Website
https://www.renta4banco.com
Renta 4 Banco SA is an asset management company providing wealth management, brokerage services, and corporate advisory services. It operates through a network of branches, agents, and subsidiaries spread widely across Spain and offers services to individuals and financial intermediaries, and small and medium-sized enterprises. Its activities include the provision of investment services, and the acquisition, holding, exploitation, administration, and disposal of all manner of transferable securities. It has three businesses as a reportable segment Intermediation, Portfolio, and asset management and advice, and Corporate Services.