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The European Smaller Trust (LSE:ESCT) Altman Z-Score


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What is The European Smaller Trust 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 European Smaller Trust (LSE:ESCT) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
The European Smaller Companies Trust PLC, formerly TR European Growth Trust PLC is a United Kingdom-based investment company. Its investment objective is to achieve capital growth by investing predominantly in smaller and medium sized companies in Europe. According to its investment strategy, it maintains a diversified portfolio of equities and other investments for the long term. Its portfolio includes industrial goods, technology, financials, business providers, basic materials, consumer goods, retail providers and natural resource sectors.