E-L Financial (TSX:ELF) Altman Z-Score

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What is E-L Financial 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.

E-L Financial Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ELFIF:USA ELF.PR.H.PFD:Canada ELF.PR.G.PFD:Canada ELF.PR.F.PFD:Canada

Address

165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8

Website

https://www.e-lfinancial.ca

E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.

Executives

E-l Financial Corporation Limited	Issuer
Margaret Kimberley Shannon	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Canadian & Foreign Securities Co. Limited	10% Security Holder
Duncan Newton Rowell Jackman	Director, Senior Officer
Mark Mathwin Taylor	Director
Clive Rowe	Director
Maria Victoria Duncan Jackman	Deemed Insider - 6 Months before becoming Insider