GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ellington Credit Co (FRA:73Z) » Definitions » Altman Z-Score

Ellington Credit Co (FRA:73Z) Altman Z-Score


View and export this data going back to 2020. Start your Free Trial

What is Ellington Credit Co 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.

Ellington Credit Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ellington Credit Co (FRA:73Z) » Definitions » Altman Z-Score
Comparable Companies
ENX VBF FLC SRV PCQ OXSQ MRCC NXG GF VPV BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
EARN:USA 73Z:Germany
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Website
https://www.ellingtoncredit.com
Ellington Credit Co is focused on corporate collateralized loan obligations (CLOs). It focuses on acquiring, investing in, and managing secondary CLO mezzanine debt and equity tranches. The company relies on strong risk management, including disciplined liquidity management and selective use of credit hedges, to preserve book value during times of stress. It also leverages Ellington's proprietary technology, analytics and risk management systems to enhance underwriting and investment selection and to guide ongoing portfolio monitoring and surveillance.