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City of London Investment Trust (The) (LSE:CTY) Altman Z-Score


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What is City of London Investment Trust (The) 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.

City of London Investment Trust (The) (LSE:CTY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » City of London Investment Trust (The) PLC (LSE:CTY) » Definitions » Altman Z-Score
Comparable Companies
LSE:SSON LSE:CLDN LSE:HGT LSE:WWH LSE:PHLL LSE:BPT LSE:JAM LSE:HVPE LSE:INPP LSE:MRC BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
N/A
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Website
http://www.cityinvestmenttrust.com
City of London Investment Trust (The) PLC is an investment trust which aims to provide long-term growth in income and capital through investments in equities listed on the London Stock Exchange. While the company mainly invests in equities, there is the flexibility to invest in debt securities, such as convertibles, corporate bonds, or government debt. It generates most of its revenue from investing in the UK market.