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abrdn Equityome Trust (LSE:AEI) Altman Z-Score


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What is abrdn Equityome Trust 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.


abrdn Equityome Trust (LSE:AEI) Business Description

Traded in Other Exchanges
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn Equity Income Trust plc is an investment trust company. Its investment objective is to provide shareholders with an above average income from their equity investment and providing real growth in capital and income. Its investment portfolio comprises convertible preference shares, convertible loan stocks, gilts, and corporate bonds. The company's portfolio is diversified across various sectors such as Oil and Gas, Basic Materials, Industrials, Consumer Goods, Healthcare, Consumer Services, Telecommunications, Utilities, Financials, and technology.