GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Solid Forsakringsaktiebolag (STU:RR5) » Definitions » Altman Z-Score

Solid Forsakringsaktiebolag (STU:RR5) Altman Z-Score


View and export this data going back to 2022. Start your Free Trial

What is Solid Forsakringsaktiebolag 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.


Solid Forsakringsaktiebolag Business Description

Traded in Other Exchanges
Address
Landskronavagen 23, Helsingborg, SWE, 25232
Solid Forsakringsaktiebolag is a niche insurance company in the Nordic region in non-life insurance. The company sells insurance in three different segments which include Product, Personal Safety, and Assistance. Geographically it has a presence in Sweden, Norway, Denmark, Finland, and Others. It generates the majority of its revenue from Sweden.