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CION Invt (FRA:D21) Altman Z-Score


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What is CION Invt 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.

CION Invt Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CION Invt Corp (FRA:D21) » Definitions » Altman Z-Score
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Traded in Other Exchanges
CION:USA
Address
100 Park Avenue, 25th Floor, New York, NY, USA, 10017
Website
https://www.cioninvestments.com
CION Invt Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The Company's portfolio is comprised of investments in senior secured debt, including first lien loans, second lien loans, and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly-traded U.S. middle-market companies. Its investment objective is to generate current income and, to a lesser extent, capital appreciation for investors.