Suncare Traders (BOM:539526) Altman Z2-Score: 6.30 (As of Aug. 20, 2026) — Near Median

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BOM:539526 Suncare Traders Ltd BOM:539526
26 GF Score
Price ₹0.44
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What is Suncare Traders Altman Z2-Score?

Suncare Traders BOM:539526 26 Altman Z2-Score is 6.30 as of Aug. 20, 2026, which is 3% below its 10-year median of 6.52. GuruFocus rates BOM:539526 with a GF Score™ of 26/100. Among 401 Furnishings, Fixtures & Appliances companies, Suncare Traders ranks better than 75.31% 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:

Suncare Traders has a Altman Z2-Score of 6.30, 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 Suncare Traders's Altman Z2-Score or its related term are showing as below:

During the past 11 years, Suncare Traders's highest Altman Z2-Score was 18.58. The lowest was -2.17. And the median was 6.52.


Suncare Traders  (BOM:539526) 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.


Suncare Traders Altman Z2-Score Related Terms


Suncare Traders Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Suncare Traders'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.

Suncare Traders Altman Z2-Score Chart

Suncare Traders Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.82 -2.17 6.11 5.52 6.39

Suncare Traders Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 6.65 0.00 6.39 0.00

BOM:539526 vs SN, SGI, MHK: Altman Z2-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Suncare Traders'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.


Suncare Traders Altman Z2-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Suncare Traders's Altman Z2-Score distribution charts can be found below:

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


BOM:539526
26GF Score
Suncare Traders Ltd BOM:539526
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Suncare Traders 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.

Suncare Traders'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*0.0489+3.26*0+6.72*-0.0311+1.05*5.8907
=6.30

* 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 Jun. 2026:
Total Assets was ₹479.15 Mil.
Total Current Assets was ₹30.30 Mil.
Total Current Liabilities was ₹6.86 Mil.
Retained Earnings was ₹0.00 Mil.
Pre-Tax Income was 3.042 + -12.849 + 2.833 + -10.94 = ₹-17.91 Mil.
Interest Expense was 0 + -3.003 + 0 + 0 = ₹-3.00 Mil.
Total Liabilities was ₹69.54 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
=(30.299 - 6.855)/479.148
=0.0489

X2=Retained Earnings/Total Assets
=0/479.148
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-17.914 - -3.003)/479.148
=-0.0311

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(409.613 - 0)/69.535
=5.8907

The zones of discrimination were as such:

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

Suncare Traders has a Altman Z2-Score of 6.30 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.30 mean?
Suncare Traders (BOM:539526) has a Altman Z2-Score of 6.30 as of Aug. 20, 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 Suncare Traders and its competitors. This is near median its historical median of 6.52. According to the industry distribution chart, Suncare Traders ranks #99 out of 401 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 24.7%.
Is Suncare Traders' Altman Z2-Score too high?
Suncare Traders' current Altman Z2-Score of 6.30 is near median its 10-year median of 6.52. The Furnishings, Fixtures & Appliances industry median Altman Z2-Score is 4.20. Suncare Traders' value of 6.30 is 50% above this industry median. Based on the distribution chart, Suncare Traders ranks #99 out of 401 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Suncare Traders has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Suncare Traders' Altman Z2-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Suncare Traders ranks #99 out of 401 companies for Altman Z2-Score. This places Suncare Traders in the top 25% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 4.20. Suncare Traders' value of 6.30 is 50% above this benchmark. While the company's 10-year median is 6.52 vs. the industry median of 4.20, Suncare Traders 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 Furnishings, Fixtures & Appliances company?
The median Altman Z2-Score among Furnishings, Fixtures & Appliances companies is 4.20, 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. Suncare Traders's current Altman Z2-Score of 6.30 is 50% 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 Suncare Traders and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z2-Score is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suncare Traders's current Altman Z2-Score is 6.30, which is near median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncare Traders stock overvalued right now?
Suncare Traders (BOM:539526) has a current Altman Z2-Score of 6.30. The current Altman Z2-Score is 6.30, which is near median its 10-year median of 6.52 and 50% above the Furnishings, Fixtures & Appliances industry median of 4.20. Suncare Traders' overall GF Score™ is 26/100. 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 Suncare Traders (BOM:539526), the current Altman Z2-Score is 6.30 as of Aug. 20, 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.

Suncare Traders Business Description

Address Chinubhai House, 7-B Amrutbaug Colony, 3rd Floor, Opposite Sardar Patel Stadium, Near Hindu Colony, Navrangrupa, Ahmedabad, GJ, IND, 380014
Suncare Traders Ltd is engaged in the business of trading in laminates, plywood/MDF, and investment in solar power generation businesses. The Company is operating in single business segments i.e. trading in laminates and plywood.
26GF 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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