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HF Group (NAI:HFCK) Altman Z-Score


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What is HF Group 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.


HF Group Business Description

Traded in Other Exchanges
N/A
Address
Rehani House, Kenyatta Avenue/Koinange Street, Plot No. LR 209/9054, P.O. Box 30088, Nairobi, KEN, 00100
HF Group PLC is a provider of integrated property and financial solutions. It is engaged in the business of mortgage lending, corporate and retail banking solutions, property development, bancassurance services, and social investment. The company operates through four segments namely Retail banking which derives key revenue, Corporate banking and Property development, and Bancassurance. Its Retail segment is further split between Retail loans and Retail deposits. The Corporate segment is moreover divided into Schemes mortgages, Projects, Corporate deposits, and Short-term loans. Property development consists of the development of housing projects and the sale of houses. Bancassurance includes procuring insurance business and earning commissions.