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Phoenix Spree Deutschland (LSE:PSDL) Altman Z-Score


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What is Phoenix Spree Deutschland 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.


Phoenix Spree Deutschland (LSE:PSDL) Business Description

Traded in Other Exchanges
Address
IFC 5, Saint Helier, JEY, JE1 1ST
Phoenix Spree Deutschland Ltd is an investment trust. Its investment objective is to generate an attractive return for shareholders through the acquisition and active management of high-quality pre-let properties in Germany. The company's reportable segments include Residential and Commercial. It derives revenue in the form of Rental and Service charge income. The company portfolio consists of approximately 97 properties containing 2,569 residential units and 138 commercial units.