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JPMorgan Mid Cap Investment Trust (LSE:JMF) Altman Z-Score


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What is JPMorgan Mid Cap Investment Trust 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.


JPMorgan Mid Cap Investment Trust (LSE:JMF) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Mid Cap Investment Trust PLC is an investment trust. It generates revenue from its business of long and short-term borrowings, to achieve capital growth. For this purpose, it invests in medium-sized companies that fall under the London Stock Exchange (FTSE) 250 companies. The trust's core objective is to provide its shareholders a steady pattern of dividend payments by generating returns from investment across varied sectors such as consumer services, financials, industrials, technology, consumer goods, basic materials, healthcare, oil and gas, telecommunications, and utilities.