GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Westaim Corp (TSXV:WED) » Definitions » Altman Z-Score

The Westaim (TSXV:WED) Altman Z-Score


View and export this data going back to 2013. Start your Free Trial

What is The Westaim 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.

The Westaim (TSXV:WED) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Westaim Corp (TSXV:WED) » Definitions » Altman Z-Score
Comparable Companies
TSX:AGF.B TSXV:TINY TSX:QRC TSX:HFPC.U TSX:FTN TSX:DFN TSX:LBS.PR.A TSX:SEC TSX:FFN TSX:BK BLK BX KKR OSTO:INVE A APO TSX:BN AMP BK OSTO:EQT XSWX:PGHN
Traded in Other Exchanges
WEDXF:USA WEM1:Germany
Address
70 York Street, Suite 1700, Toronto, ON, CAN, M5J 1S9
Website
https://www.westaim.com
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures, and other arrangements, to provide its shareholders with capital appreciation and real wealth preservation. The group seeks to acquire debt, equity, or derivative securities of both public and private companies. The company derives revenue mostly from interest income and dividend income. Geographically, it has a business presence in the U.S., Asia Pacific, Canada, Europe, and other countries.