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Africa Opportunity Fund (LSE:AOF) Altman Z-Score


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What is Africa Opportunity Fund 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.


Africa Opportunity Fund (LSE:AOF) Business Description

Traded in Other Exchanges
N/A
Address
South Church Street, P.O. Box 309, George Town, Ugland House, Grand Cayman, CYM
Africa Opportunity Fund Ltd operates in United Kingdom's financial service sector and is a closed-end investment company formed with the objective of achieving capital growth and income through investments in value, arbitrage, and special situations opportunities derived from the continent of Africa. The Company is organized into one main operating segment, which invests in equity securities, debt instruments, and relative derivatives. All of the Company's activities are interrelated, and each activity is dependent on the others.