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Clientele (JSE:CLI) Altman Z-Score


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What is Clientele 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.


Clientele Business Description

Traded in Other Exchanges
N/A
Address
Corner Rivonia and Alon Roads Morningside, Clientele Office Park, Johannesburg, GT, ZAF, 2196
Clientele Ltd is a diversified financial services group. It markets distributes and underwrites insurance and investment products. The company's operating segment includes Life Insurance, Non-Life Insurance, CBC Rewards, Clientele Mobile and Direct Rewards, and Holding Entity and Properties. Its insurance products and services include Legal, Mobile, Wealth, Credit Life, Investments, and others. CBC Rewards, Clientele Mobile and Direct Rewards segment incorporates the sale and administration of loyalty rewards contracts as well as cellular sim cards, mobile data and airtime to clients. It generates maximum revenue from the Life insurance segment.