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Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Altman Z-Score


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What is Fidelity Life Assurance of Zimbabwe 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.


Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Business Description

Traded in Other Exchanges
N/A
Address
66 Julius Nyerere Way, Fidelity House, Harare, ZWE
Fidelity Life Assurance of Zimbabwe Ltd is involved in the insurance business. The company's operating segment includes Insurance, Property Investment, Microlending, and Others. The Insurance segment of the company is involved in life assurance and pensions and the Microlending segment is involved in consumer loans, business loans, and loans to farmers. The company generates maximum revenue from the Insurance segment. Geographically, the company derives a majority of its revenue from Zimbabwe and also has a presence in Malawi.