GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » E Split Corp. (TSX:ENS) » Definitions » Altman Z-Score

E Split (TSX:ENS) Altman Z-Score


View and export this data going back to 2018. Start your Free Trial

What is E Split 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 Split (TSX:ENS) Business Description

Traded in Other Exchanges
Address
100 King Street West, 58th Floor, 1st Canadian Place, P.O. Box 192, Toronto, ON, CAN, M5X 1A6
E Split Corp. is a mutual fund company. The company has a portfolio comprised of common shares of Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company. The investment objectives for the Preferred Shares are to provide holders with fixed cumulative preferential quarterly cash distributions, and for Class A Shares are to provide holders with non-cumulative monthly cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the Portfolio.