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Albion Development VCT (LSE:AADV) Altman Z-Score


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What is Albion Development VCT 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.


Albion Development VCT Business Description

Traded in Other Exchanges
N/A
Address
1 Benjamin Street, London, GBR, EC1M 5QL
Albion Development VCT PLC is a venture capital trust. Its investment objective is to provide investors with a regular and predictable source of dividend income combined with the prospects of long-term capital growth. Its investment portfolio includes various sectors such as Healthcare, Renewable energy FinTech, Software and Technology, Cash and other net assets, and Other. It generates revenue from loan stock interest and dividend income. It has a single operating segment of business, being an investment in smaller companies principally based in the UK.