/term/zscore/LSE:CDRIF Candover Investments (LSE:CDRIF) Altman Z-Score
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Candover Investments (LSE:CDRIF) Altman Z-Score


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What is Candover Investments 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.


Candover Investments (LSE:CDRIF) Business Description

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Candover Investments plc is a UK-based private equity investment trust. The company's objective is to optimize the long-term value of the portfolio for its shareholders. Its portfolio comprises investments in four privately owned European businesses, acquired by investing alongside funds managed by Arle Capital LLP, an independent private equity partnership. The group generally invests in sectors, such as industrials, services, and energy and natural resources.