GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Rights and Issues Inv Trust PLC (LSE:RIII) » Definitions » Altman Z-Score

Rights and Issues Inv Trust (LSE:RIII) Altman Z-Score


View and export this data going back to 1966. Start your Free Trial

What is Rights and Issues Inv 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.


Rights and Issues Inv Trust Business Description

Traded in Other Exchanges
N/A
Address
Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY
Rights and Issues Inv Trust PLC is an investment trust based in the United Kingdom. The company's objective is to exceed the benchmark index over the long term whilst managing risk. It predominantly invests in equities with an emphasis on UK smaller companies which include both listed securities and those admitted to trading on the Alternative Investment Market.