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Linea Directa Aseguradora (XMAD:LDA) Altman Z-Score


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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.

Linea Directa Aseguradora (XMAD:LDA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Linea Directa Aseguradora SA (XMAD:LDA) » Definitions » Altman Z-Score
Comparable Companies
SHSE:603689 SHSE:601872 SHSE:601975 SZSE:002492 SZSE:002267 SHSE:600617 PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC TSX:FFH TSE:8725 MKL WRB CINF ASX:QBE
Traded in Other Exchanges
LNDAF:USA LDAe:UK 8I2:Germany
Address
Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760
Website
https://www.lineadirectaaseguradora.com
Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses and commissions.