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Old Mutual (LSE:OMU) Altman Z-Score


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What is Old Mutual 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.


Old Mutual Business Description

Address
Mutualpark, Jan Smuts Drive, Pinelands, Cape Town, WC, ZAF, 7405
Old Mutual Ltd provides financial services that include wealth management, banking, asset management, and insurance. The firm is organized into the following operational segments: the mass and foundation cluster; Personal Finance and Wealth Management; Old Mutual Investments; Old Mutual corporate; Old Mutual Insure; Old Mutual Africa Regions; and other group activities.