GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shriram Finance Ltd (NSE:SHRIRAMFIN) » Definitions » Altman Z-Score

Shriram Finance (NSE:SHRIRAMFIN) Altman Z-Score


View and export this data going back to 1996. Start your Free Trial

What is Shriram Finance 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.


Shriram Finance (NSE:SHRIRAMFIN) Business Description

Traded in Other Exchanges
Address
Wockhardt Towers, West Wing, Level-3, C-2, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Shriram Finance Ltd is an Indian non-banking finance company. It is engaged in the financing of pre-owned commercial vehicles, equipment, and other loans. The company focuses on loan origination, valuation, and collection for pre-owned and new commercial and passenger vehicles, tractors, 3 wheeler, multi-utility vehicles, and also provides ancillary services such as finance for working capital, engine replacement, bill discounting, credit cards, and tire-loans as holistic financing support. The company's revenue consists of interest income on loans provides. Geographically, it derives maximum revenue from India.