AHRTPA.PFD (AH Realty Trust) Altman Z2-Score: 1.41 (As of Jun. 24, 2026) — 50% Above Median


AHRTPA.PFD AH Realty Trust Inc AHRTPA.PFD
66 GF Score
Price $22.05
! 11 Warning Signs
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What is AH Realty Trust Altman Z2-Score?

AH Realty Trust AHRTPA.PFD -0.05% 66 Altman Z2-Score is 1.41 as of Jun. 24, 2026, which is 50% above its 10-year median of 0.94. GuruFocus rates AHRTPA.PFD with a GF Score™ of 66/100. The stock has 11 warning signs investors should review. Among 744 REITs companies, AH Realty Trust ranks worse than 59.01% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

AH Realty Trust has a Altman Z2-Score of 1.41, indicating it is in Grey Zones. This implies that AH Realty Trust is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for AH Realty Trust's Altman Z2-Score or its related term are showing as below:

AHRTpA.PFD' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.35   Med: 0.94   Max: 1.41
Current: 1.41

During the past 13 years, AH Realty Trust's highest Altman Z2-Score was 1.41. The lowest was 0.35. And the median was 0.94.


AH Realty Trust  (NYSE:AHRTpA.PFD) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


AH Realty Trust Altman Z2-Score Related Terms


AH Realty Trust Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for AH Realty Trust's Altman Z2-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AH Realty Trust Altman Z2-Score Chart

AH Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.11 0.48 0.82 0.81

AH Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.86 0.88 0.81 1.41

AHRTPA.PFD vs OLP, GOOD, FVR: Altman Z2-Score Comparison

For the REIT - Diversified subindustry, AH Realty Trust's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AH Realty Trust Altman Z2-Score vs REITs Industry

For the REITs industry and Real Estate sector, AH Realty Trust's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where AH Realty Trust's Altman Z2-Score falls into.


AHRTPA.PFD
66GF Score
AH Realty Trust Inc AHRTPA.PFD
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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AH Realty Trust Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

AH Realty Trust's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.2036+3.26*-0.1238+6.72*0.035+1.05*0.2326
=1.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $2,472.85 Mil.
Total Current Assets was $822.95 Mil.
Total Current Liabilities was $319.55 Mil.
Retained Earnings was $-306.08 Mil.
Pre-Tax Income was -0.493 + 0.382 + -0.547 + 6.15 = $5.49 Mil.
Interest Expense was -13.782 + -23.211 + -22.718 + -21.271 = $-80.98 Mil.
Total Liabilities was $1,712.67 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(822.947 - 319.552)/2472.851
=0.2036

X2=Retained Earnings/Total Assets
=-306.08/2472.851
=-0.1238

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5.492 - -80.982)/2472.851
=0.035

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(569.523 - 171.085)/1712.671
=0.2326

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

AH Realty Trust has a Altman Z2-Score of 1.41 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.41 mean?
AH Realty Trust (AHRTPA.PFD) has a Altman Z2-Score of 1.41 as of Jun. 24, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on AH Realty Trust and its competitors. This is 50% above median its historical median of 0.94. Over the past decade, AH Realty Trust's Altman Z2-Score has ranged from 0.35 to 1.41. According to the industry distribution chart, AH Realty Trust ranks #439 out of 744 companies in the REITs industry, placing it in the top 59%.
Is AH Realty Trust's Altman Z2-Score too high?
AH Realty Trust's current Altman Z2-Score of 1.41 is 50% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.41. The REITs industry median Altman Z2-Score is 1.76. AH Realty Trust's value of 1.41 is 19.9% below this industry median. Based on the distribution chart, AH Realty Trust ranks #439 out of 744 companies in the REITs industry, which is below the industry midpoint. Overall, AH Realty Trust has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does AH Realty Trust's Altman Z2-Score compare to OLP and GOOD?
According to the REITs industry distribution chart, AH Realty Trust ranks #439 out of 744 companies for Altman Z2-Score. This places AH Realty Trust in the lower half of its industry. The industry median Altman Z2-Score is 1.76. AH Realty Trust's value of 1.41 is 19.9% below this benchmark. Historically, AH Realty Trust's own Altman Z2-Score has ranged from 0.35 to 1.41 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.76, AH Realty Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a REITs company?
The median Altman Z2-Score among REITs companies is 1.76, based on 744 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AH Realty Trust's current Altman Z2-Score of 1.41 is 19.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on AH Realty Trust and its competitors. For the REITs industry, the median Altman Z2-Score is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AH Realty Trust's current Altman Z2-Score is 1.41, which is 50% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AH Realty Trust stock overvalued right now?
AH Realty Trust (AHRTPA.PFD) has a current Altman Z2-Score of 1.41. The current Altman Z2-Score is 1.41, which is 50% above median its 10-year median of 0.94 and 19.9% below the REITs industry median of 1.76. AH Realty Trust's overall GF Score™ is 66/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For AH Realty Trust (AHRTPA.PFD), the current Altman Z2-Score is 1.41 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AH Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges AHRT:USA791:Germany
Address 222 Central Park Avenue, Suite 1000, Virginia Beach, VA, USA, 23462
AH Realty Trust Inc is a real estate investment trust (REIT). It owns, operates, and acquires high-quality properties across the Mid-Atlantic and Southeast, creating lasting value for investors, partners, clients, tenants, and communities. The group focuses on operating and acquiring high-quality, well-positioned assets with growth potential and delivering long-term value for shareholders. Its portfolio includes Harbor Point, Southern Post, The Interlock, and Others.
66GF Score

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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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