GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Awa Bank Ltd (TSE:8388) » Definitions » Altman Z-Score

Awa Bank (TSE:8388) Altman Z-Score


View and export this data going back to 1973. Start your Free Trial

What is Awa Bank 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.


Awa Bank (TSE:8388) Business Description

Traded in Other Exchanges
N/A
Address
2-24-1 Nishisemba-cho, Tokushima-shi, Tokushima, JPN, 770-8601
Awa BankLtd. is a Japan-based company that is principally engaged in commercial banking and leasing services. The commercial banking business offers services including deposit services, lending services, securities investment services, and exchange services. It also refers customers to the services provided by the company's subsidiaries, including business support services, management consulting services, credit card services, and credit guarantee services. The leasing business provides leasing services by Awagin Leasing Company Limited, a subsidiary of the company. The company generates the majority of revenue from the commercial banking business.