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Aberdeen Development Capital (LSE:AVC) Altman Z-Score


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What is Aberdeen Development Capital 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.


Aberdeen Development Capital (LSE:AVC) Business Description

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Aberdeen Development Capital PLC is an investment trust. Its investment objective is to conduct an orderly realisation of the assets of the company, to be effected in a manner which maximizes value for ordinary shareholders. Its assets are invested in a diversified portfolio of unlisted securities spread across a range of industries and regions within the United Kingdom.