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Formuepleje Penta A/S (OCSE:FPPEN) Altman Z-Score


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What is Formuepleje Penta A/S 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.


Formuepleje Penta A/S (OCSE:FPPEN) Business Description

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Formuepleje Penta A/S makes investments in Danish bonds and stocks and in international companies. Formuepleje Penta A/S is a division of Formuepleje A/S, an investment association based in Denmark.