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Gronlandsbanken A/S (OCSE:GRLA) Altman Z-Score


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What is Gronlandsbanken 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.

Gronlandsbanken A/S (OCSE:GRLA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gronlandsbanken A/S (OCSE:GRLA) » Definitions » Altman Z-Score
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Traded in Other Exchanges
N/A
Address
Imaneq 33, Post Box 1033, Nuuk, GRL, 3900
Website
https://www.banken.gl
Grønlandsbanken A/S is a Greenland-based bank engaged in consultancy and financial services in Greenland. The bank's products and services are provided to private customers and commercial enterprises. The company offers home banking, mortgage loans, savings accounts, pension funds, insurance, payment transfers, and investment advisory services. It also operates an electronic banking platform, named Netbank, which enables access to a range of facilities, such as payments, transfers, and invoices.