GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » General Accident PLC (LSE:GACB.PFD) » Definitions » Altman Z-Score

General Accident (LSE:GACB.PFD) Altman Z-Score


View and export this data going back to 1992. Start your Free Trial

What is General Accident 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.


General Accident (LSE:GACB.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Pitheavlis, Perth, GBR, PH2 0NH
General Accident PLC provides life, accident, health, property, and motor insurance services. Its principal activity is the provision of loans to its parent company. The company offers a wide range of insurance and savings products that include car, home, and health insurance, to pensions, investments and asset management.