GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Evercore Inc (FRA:QGJ) » Definitions » Altman Z-Score

Evercore (FRA:QGJ) Altman Z-Score


View and export this data going back to 2014. Start your Free Trial

What is Evercore 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.


Evercore (FRA:QGJ) Business Description

Traded in Other Exchanges
Address
55 East 52nd Street, New York, NY, USA, 10055
Evercore is an independent investment bank that derives the majority of its revenue from financial advisory, including merger, acquisition, and restructuring advisory. It also has institutional equities trading, equity underwriting, and investment management businesses that account for around 20% of net revenue. The company was founded in 1996 and went public in 2006. Evercore had approximately 1,800 employees at the end of 2022, and about 75% of its revenue is derived from the United States.