BFNH (BioForce Nanosciences Holdings) Altman Z2-Score: -89,604.35 (As of Jun. 26, 2026)


BFNH BioForce Nanosciences Holdings Inc BFNH
34 GF Score
Price $1.65
! 2 Warning Signs
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What is BioForce Nanosciences Holdings Altman Z2-Score?

BioForce Nanosciences Holdings BFNH 34 Altman Z2-Score is -89,604.35 as of Jun. 26, 2026. GuruFocus rates BFNH with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,966 Consumer Packaged Goods companies, BioForce Nanosciences Holdings ranks worse than 100% 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.

Warning Sign:

BioForce Nanosciences Holdings has a Altman Z2-Score of -89,604.35, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 BioForce Nanosciences Holdings's Altman Z2-Score or its related term are showing as below:

BFNH' s Altman Z2-Score Range Over the Past 10 Years
Min: -543639.61   Med: -37635.27   Max: 16.36
Current: -89604.35

During the past 13 years, BioForce Nanosciences Holdings's highest Altman Z2-Score was 16.36. The lowest was -543639.61. And the median was -37635.27.


BioForce Nanosciences Holdings  (OTCPK:BFNH) 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.


BioForce Nanosciences Holdings Altman Z2-Score Related Terms


BioForce Nanosciences Holdings Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for BioForce Nanosciences Holdings'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.

BioForce Nanosciences Holdings Altman Z2-Score Chart

BioForce Nanosciences Holdings 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 -48,142.75 -534,218.37 -538,759.33 -543,639.61 -542,207.21

BioForce Nanosciences Holdings 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 -38,480.08 -539,976.53 -541,075.33 -542,207.21 -89,604.35

BFNH vs WYGC, HRGN, STCB: Altman Z2-Score Comparison

For the Packaged Foods subindustry, BioForce Nanosciences Holdings'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.


BioForce Nanosciences Holdings Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BioForce Nanosciences Holdings's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where BioForce Nanosciences Holdings's Altman Z2-Score falls into.


BFNH
34GF Score
BioForce Nanosciences Holdings Inc BFNH
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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BioForce Nanosciences Holdings 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.

BioForce Nanosciences Holdings'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*-120.1667+3.26*-27085.8333+6.72*-76.6667+1.05*-0.9917
=-89,604.35

* 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 $0.01 Mil.
Total Current Assets was $0.01 Mil.
Total Current Liabilities was $0.73 Mil.
Retained Earnings was $-162.52 Mil.
Pre-Tax Income was -0.102 + -0.119 + -0.116 + -0.123 = $-0.46 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Liabilities was $0.73 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
=(0.006 - 0.727)/0.006
=-120.1667

X2=Retained Earnings/Total Assets
=-162.515/0.006
=-27085.8333

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.46 - 0)/0.006
=-76.6667

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(-0.721 - 0)/0.727
=-0.9917

The zones of discrimination were as such:

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

BioForce Nanosciences Holdings has a Altman Z2-Score of -89,604.35 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of -89,604.35 mean?
BioForce Nanosciences Holdings (BFNH) has a Altman Z2-Score of -89,604.35 as of Jun. 26, 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 BioForce Nanosciences Holdings and its competitors. According to the industry distribution chart, BioForce Nanosciences Holdings ranks #1966 out of 1966 companies in the Consumer Packaged Goods industry.
Is BioForce Nanosciences Holdings' Altman Z2-Score too high?
BioForce Nanosciences Holdings' current Altman Z2-Score is -89,604.35. Based on the distribution chart, BioForce Nanosciences Holdings ranks #1966 out of 1966 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, BioForce Nanosciences Holdings has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does BioForce Nanosciences Holdings' Altman Z2-Score compare to WYGC and HRGN?
According to the Consumer Packaged Goods industry distribution chart, BioForce Nanosciences Holdings ranks #1966 out of 1966 companies for Altman Z2-Score. This places BioForce Nanosciences Holdings in the lower half of its industry. The industry median Altman Z2-Score is 3.73. 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 Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.73, based on 1,966 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. 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 BioForce Nanosciences Holdings and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BioForce Nanosciences Holdings's current Altman Z2-Score is -89,604.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BioForce Nanosciences Holdings stock overvalued right now?
BioForce Nanosciences Holdings (BFNH) has a current Altman Z2-Score of -89,604.35. The current Altman Z2-Score is -89,604.35. BioForce Nanosciences Holdings' overall GF Score™ is 34/100 with 2 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 BioForce Nanosciences Holdings (BFNH), the current Altman Z2-Score is -89,604.35 as of Jun. 26, 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.

BioForce Nanosciences Holdings Business Description

Address 2020 General Booth Boulevard, Suite 230, Virginia Beach, VA, USA, 23454
BioForce Nanosciences Holdings Inc is a provider of natural vitamins, minerals, and other nutritional supplements, powders, and beverages. It markets its products through social media and telemarketing. BioForce currently markets its products through social media and telemarketing. Nutrition retailers, grocery stores, retail pharmacies, and online stores, like Amazon, will be important channels for the Company's Eclipse product-lines.
34GF Score

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