GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NCBA Group PLC (NAI:NCBA) » Definitions » Altman Z-Score

NCBA Group (NAI:NCBA) Altman Z-Score


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

What is NCBA 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.


NCBA Group Business Description

Traded in Other Exchanges
N/A
Address
Mara and Ragati Road, Upper-hill, P.O Box 44599-00100, Nairobi, KEN
NCBA Group PLC provides retail, corporate and digital banking, brokerage, bancassurance and investment banking services. It has five segments namely - Corporate and Institutional banking, Retail banking (SME and Consumer banking), Treasury dealing, Digital Bank and Investment banking. Majority of the revenue comes from Kenya following Uganda, Tanzania and Rwanda.