LGT Global Hospitality (BOM:544489) Altman Z2-Score: 6.17 (As of Aug. 05, 2026) — Near Median

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BOM:544489 LGT Global Hospitality Ltd BOM:544489
18 GF Score
Price ₹40.62
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What is LGT Global Hospitality Altman Z2-Score?

LGT Global Hospitality BOM:544489 -4.98% 18 Altman Z2-Score is 6.17 as of Aug. 05, 2026, which is at its 10-year median of 6.17. GuruFocus rates BOM:544489 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 836 Travel & Leisure companies, LGT Global Hospitality ranks better than 78.71% 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:

LGT Global Hospitality has a Altman Z2-Score of 6.17, 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 LGT Global Hospitality's Altman Z2-Score or its related term are showing as below:

BOM:544489' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.1   Med: 6.17   Max: 7.72
Current: 6.17

During the past 5 years, LGT Global Hospitality's highest Altman Z2-Score was 7.72. The lowest was 2.10. And the median was 6.17.


LGT Global Hospitality  (BOM:544489) 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.


LGT Global Hospitality Altman Z2-Score Related Terms


LGT Global Hospitality Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for LGT Global Hospitality'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.

LGT Global Hospitality Altman Z2-Score Chart

LGT Global Hospitality Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
2.10 7.46 7.72 5.87 6.17

LGT Global Hospitality Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z2-Score Get a 7-Day Free Trial 7.72 0.00 5.87 0.00 6.17

BOM:544489 vs BKNG, ABNB, RCL: Altman Z2-Score Comparison

For the Travel Services subindustry, LGT Global Hospitality'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.


LGT Global Hospitality Altman Z2-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, LGT Global Hospitality's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where LGT Global Hospitality's Altman Z2-Score falls into.


BOM:544489
18GF Score
LGT Global Hospitality Ltd BOM:544489
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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LGT Global Hospitality 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.

LGT Global Hospitality'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*0.4727+3.26*0+6.72*0.1303+1.05*2.0869
=6.17

* 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 ₹573 Mil.
Total Current Assets was ₹445 Mil.
Total Current Liabilities was ₹175 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was ₹63 Mil.
Interest Expense was ₹-12 Mil.
Total Liabilities was ₹186 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
=(445.448 - 174.529)/573.127
=0.4727

X2=Retained Earnings/Total Assets
=0/573.127
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(62.952 - -11.729)/573.127
=0.1303

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(388.168 - 0)/185.998
=2.0869

The zones of discrimination were as such:

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

LGT Global Hospitality has a Altman Z2-Score of 6.17 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.17 mean?
LGT Global Hospitality (BOM:544489) has a Altman Z2-Score of 6.17 as of Aug. 05, 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 LGT Global Hospitality and its competitors. This is near median its historical median of 6.17. Over the past decade, LGT Global Hospitality's Altman Z2-Score has ranged from 2.10 to 7.72. According to the industry distribution chart, LGT Global Hospitality ranks #178 out of 836 companies in the Travel & Leisure industry, placing it in the top 21.3%.
Is LGT Global Hospitality's Altman Z2-Score too high?
LGT Global Hospitality's current Altman Z2-Score of 6.17 is near median its 10-year median of 6.17. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 7.72. The Travel & Leisure industry median Altman Z2-Score is 2.41. LGT Global Hospitality's value of 6.17 is 156.5% above this industry median. Based on the distribution chart, LGT Global Hospitality ranks #178 out of 836 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, LGT Global Hospitality has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LGT Global Hospitality's Altman Z2-Score compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, LGT Global Hospitality ranks #178 out of 836 companies for Altman Z2-Score. This places LGT Global Hospitality in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.41. LGT Global Hospitality's value of 6.17 is 156.5% above this benchmark. Historically, LGT Global Hospitality's own Altman Z2-Score has ranged from 2.10 to 7.72 over the past decade. While the company's 10-year median is 6.17 vs. the industry median of 2.41, LGT Global Hospitality 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 Travel & Leisure company?
The median Altman Z2-Score among Travel & Leisure companies is 2.41, based on 836 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. LGT Global Hospitality's current Altman Z2-Score of 6.17 is 156.5% 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 LGT Global Hospitality and its competitors. For the Travel & Leisure industry, the median Altman Z2-Score is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LGT Global Hospitality's current Altman Z2-Score is 6.17, which is near median its own 10-year median of 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LGT Global Hospitality stock overvalued right now?
LGT Global Hospitality (BOM:544489) has a current Altman Z2-Score of 6.17. The current Altman Z2-Score is 6.17, which is near median its 10-year median of 6.17 and 156.5% above the Travel & Leisure industry median of 2.41. LGT Global Hospitality's overall GF Score™ is 18/100 with 3 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 LGT Global Hospitality (BOM:544489), the current Altman Z2-Score is 6.17 as of Aug. 05, 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.

LGT Global Hospitality Business Description

Address 1st Cross Street, Brindavan Street Extension, No 18/1 & 18/2, West Mambalam, Chennai City Corporation, Chennai, TN, IND, 600 033
LGT Global Hospitality Ltd, formerly LGT Business Connextions Ltd operates as a service aggregator in the travel and tourism industry. The company connects and consolidates supply from third-party providers including hotels, airlines, car rentals, and cruise operators to offer comprehensive travel solutions. Its offerings encompass MICE travel services, hotel accommodation bookings, ticketing, visa processing, customized tours, and local sightseeing arrangements for both corporate clients and individual travelers. Revenue is generated majorly from commissions and service fees from these aggregated travel services. The company predominantly serves markets in Southern India, leveraging partnerships to deliver end-to-end travel experiences.
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