GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Standard Mercantile Acquisition Corp (TSX:SMA) » Definitions » Altman Z-Score

Standard Mercantile Acquisition (TSX:SMA) Altman Z-Score


View and export this data going back to 2012. Start your Free Trial

What is Standard Mercantile Acquisition 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.


Standard Mercantile Acquisition (TSX:SMA) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Standard Mercantile Acquisition Corp is focused on monetizing its remaining mortgage assets and is seeking a target acquisition to enable its shareholders to participate in the potential future value of the company's public listing through a merger transaction with a private operating business.