GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » UIL Finance Ltd (LSE:UTLG) » Definitions » Altman Z2-Score

UIL Finance (LSE:UTLG) Altman Z2-Score


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

What is UIL Finance Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.


UIL Finance (LSE:UTLG) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
UIL Finance Ltd is a closed-ended investment company. Its investment objective is to finance and fund the final capital entitlements of the zero dividend preference (ZDP) shares. It seeks to fund the final capital entitlements of the ZDP shares by lending current asset funds to its parent company. The company is exempt from taxation, except insofar as it is withheld from income received.