GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » OUTsurance Group Ltd (JSE:OUT) » Definitions » Altman Z-Score

OUTsurance Group (JSE:OUT) Altman Z-Score


View and export this data going back to 2011. Start your Free Trial

What is OUTsurance Group 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.


OUTsurance Group Business Description

Traded in Other Exchanges
N/A
Address
1241 Embankment Road, Zwartkop Ext 7, Centurion, GT, ZAF, 0157
OUTsurance Group Ltd is a insurance group that specializes in property and casualty insurance. The group's activities are focused on the South African, Australian and Irish markets. Its primary source of revenue is insurance premiums for risk underwritten in personal lines, commercial lines and life insurance products.