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Santam (JSE:SNT) Altman Z-Score


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What is Santam 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.


Santam (JSE:SNT) Business Description

Traded in Other Exchanges
Address
1 Sportica Crescent, Tyger Valley, Bellville, Cape Town, ZAF, 7530
Santam Ltd is a South African general insurance group. The company offer a range of policies against eventualities such as property damage, motor accidents, loss of income, crop losses and catastrophe events, as well as reinsurance. The company helps mitigate risk to protect and grow financial wellbeing, and clients' insured losses are paid out of invested premiums.