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Pacific Assets Trust (LSE:PAC) Altman Z-Score


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What is Pacific Assets Trust 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.


Pacific Assets Trust (LSE:PAC) Business Description

Traded in Other Exchanges
Address
16 Charlotte Square, Edinburgh, GBR, EH2 4DF
Pacific Assets Trust PLC is a UK-based investment trust. It aims to achieve long-term capital growth through investment in selected companies in the Asia-Pacific region and the Indian sub-continent excluding Japan, Australia, and New Zealand.