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Eastnine AB (OSTO:EAST) Altman Z-Score


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What is Eastnine AB 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.


Eastnine AB Business Description

Traded in Other Exchanges
Address
Kungsgatan 30, Stockholm, SWE, 111 35
Eastnine AB is a Swedish real estate company focused on modern and sustainable office properties in the Baltics and Poland. Its tenants comprise, mainly, large Nordic group companies that operate internationally. The company operates through four segments namely; Properties in Lithuania which generates key revenue, Properties in Latvia, Properties in Poland, and other investments. The firm generates revenue in the form of Rental income.