ALISU (Calisa Acquisition) Altman Z2-Score: 191.70 (As of Jul. 27, 2026) — 99% Above Median

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ALISU Calisa Acquisition Corp ALISU
15 GF Score
Price $10.79
! 1 Warning Sign
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What is Calisa Acquisition Altman Z2-Score?

Calisa Acquisition ALISU 15 Altman Z2-Score is 191.70 as of Jul. 27, 2026, which is 99% above its 10-year median of 96.18. GuruFocus rates ALISU with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 401 Diversified Financial Services companies, Calisa Acquisition ranks better than 95.01% 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.

Good Sign:

Calisa Acquisition has a Altman Z2-Score of 191.70, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

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 Calisa Acquisition's Altman Z2-Score or its related term are showing as below:

ALISU' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.38   Med: 96.18   Max: 752.78
Current: 191.7

During the past 2 years, Calisa Acquisition's highest Altman Z2-Score was 752.78. The lowest was -0.38. And the median was 96.18.


Calisa Acquisition  (NAS:ALISU) 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.


Calisa Acquisition Altman Z2-Score Related Terms


Calisa Acquisition Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Calisa Acquisition'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.

Calisa Acquisition Altman Z2-Score Chart

Calisa Acquisition Annual Data
Trend Dec24 Dec25
Altman Z2-Score
0.00 752.78

Calisa Acquisition Quarterly Data
May24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial 0.00 0.65 -0.38 752.78 191.70

ALISU vs FGMC, MGTE, PECE: Altman Z2-Score Comparison

For the Shell Companies subindustry, Calisa Acquisition'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.


Calisa Acquisition Altman Z2-Score vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Calisa Acquisition's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Calisa Acquisition's Altman Z2-Score falls into.


ALISU
15GF Score
Calisa Acquisition Corp ALISU
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Calisa Acquisition 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.

Calisa Acquisition'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*0.0002+3.26*0.0002+6.72*0.0031+1.05*182.5539
=191.70

* 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 $61.31 Mil.
Total Current Assets was $0.35 Mil.
Total Current Liabilities was $0.33 Mil.
Retained Earnings was $0.01 Mil.
Pre-Tax Income was -0.053 + 0.33 + -0.062 + -0.023 = $0.19 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Liabilities was $0.33 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
=(0.347 - 0.334)/61.307
=0.0002

X2=Retained Earnings/Total Assets
=0.012/61.307
=0.0002

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.192 - 0)/61.307
=0.0031

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(60.973 - 0)/0.334
=182.5539

The zones of discrimination were as such:

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

Calisa Acquisition has a Altman Z2-Score of 191.70 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 191.70 mean?
Calisa Acquisition (ALISU) has a Altman Z2-Score of 191.70 as of Jul. 27, 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 Calisa Acquisition and its competitors. This is 99% above median its historical median of 96.18. According to the industry distribution chart, Calisa Acquisition ranks #20 out of 401 companies in the Diversified Financial Services industry, placing it in the top 5%.
Is Calisa Acquisition's Altman Z2-Score too high?
Calisa Acquisition's current Altman Z2-Score of 191.70 is 99% above median its 10-year median of 96.18. The Diversified Financial Services industry median Altman Z2-Score is 10.70. Calisa Acquisition's value of 191.70 is 1691.6% above this industry median. Based on the distribution chart, Calisa Acquisition ranks #20 out of 401 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Calisa Acquisition has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Calisa Acquisition's Altman Z2-Score compare to FGMC and MGTE?
According to the Diversified Financial Services industry distribution chart, Calisa Acquisition ranks #20 out of 401 companies for Altman Z2-Score. This places Calisa Acquisition in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 10.70. Calisa Acquisition's value of 191.70 is 1691.6% above this benchmark. While the company's 10-year median is 96.18 vs. the industry median of 10.70, Calisa Acquisition has consistently been above 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 Diversified Financial Services company?
The median Altman Z2-Score among Diversified Financial Services companies is 10.70, based on 401 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. Calisa Acquisition's current Altman Z2-Score of 191.70 is 1691.6% above 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 Calisa Acquisition and its competitors. For the Diversified Financial Services industry, the median Altman Z2-Score is 10.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calisa Acquisition's current Altman Z2-Score is 191.70, which is 99% above median its own 10-year median of 96.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calisa Acquisition stock overvalued right now?
Calisa Acquisition (ALISU) has a current Altman Z2-Score of 191.70. The current Altman Z2-Score is 191.70, which is 99% above median its 10-year median of 96.18 and 1691.6% above the Diversified Financial Services industry median of 10.70. Calisa Acquisition's overall GF Score™ is 15/100 with 1 warning sign 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 Calisa Acquisition (ALISU), the current Altman Z2-Score is 191.70 as of Jul. 27, 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.

Calisa Acquisition Business Description

Other Exchanges ALIS:USA
Address 205 W. 37th Street, New York, NY, USA, 10018
Calisa Acquisition Corp is a blank check company with the purpose of effecting a merger, asset acquisition, stock exchange, stock purchase, reorganization, or similar business combination.
15GF Score

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