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DelfinGroup (ORSE:DGR1R) Altman Z-Score


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What is DelfinGroup 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.


DelfinGroup Business Description

Traded in Other Exchanges
N/A
Address
50A Skanstes Street, Riga, LVA, LV-1013
DelfinGroup is a Latvian fintech company that offers finance and pawn services. The operating segments of the group are, 1) Pawn loan segment includes handling pawn loan issuance, sale of pawn shop items in the branches and online. 2) Retail of pre-owned goods segment includes the sale of pre-owned goods in the branches and online purchased from customers. 3) Consumer loan segment includes handling consumer loans to customers, debt collection activities and debt sales to external debt collection companies. 4) Other operations segment includes providing loans for real estate development, general administrative services to the companies of the Group, transactions with related parties.