GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PT Lippo General Insurance Tbk (ISX:LPGI) » Definitions » Altman Z-Score

PT Lippo General Insurance Tbk (ISX:LPGI) Altman Z-Score


View and export this data going back to 1997. Start your Free Trial

What is PT Lippo General Insurance Tbk 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.


PT Lippo General Insurance Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan HR Rasuna Said Kav B-12, Lippo Kuningan Building 27th Floor Unit A & F, Jakarta, IDN, 12940
PT Lippo General Insurance Tbk is a company engaged in the provision of general insurance services. Its operating segments are Fire insurance, Motor Vehicle Insurance, Marine Cargo insurance, Health insurance, Engineering, Life and death insurance, Insurance and Bonds, and others. Geographically, the group carries operations in Indonesia in the areas of Jabodetabek, Sumatera, Jawa Timur, Jawa Barat, Jawa Tengah, Makassar, Bali, and Balikpapan. It derives key revenue from the Health insurance segment.