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ProVen Growth &ome VCT (LSE:PGOO) Altman Z-Score


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What is ProVen Growth &ome VCT 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.


ProVen Growth &ome VCT (LSE:PGOO) Business Description

Traded in Other Exchanges
N/A
Address
39 Earlham Street, London, GBR, WC2H 9LT
ProVen Growth & Income VCT PLC operates as a venture capital trust (VCT). The company's investment objective is to achieve long-term returns greater than those available from investing in a portfolio of quoted companies, by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments, within the conditions imposed on all VCTs and to minimise the risk of each investment and the portfolio as a whole. Its portfolio of investments includes some sectors such as Technology, Healthcare and Business Services.