CNXU (Conexeu Sciences) Altman Z2-Score: 6.00 (As of Aug. 10, 2026) — 33% Below Median

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CNXU Conexeu Sciences Inc CNXU
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What is Conexeu Sciences Altman Z2-Score?

Conexeu Sciences CNXU -9.91% 12 Altman Z2-Score is 6.00 as of Aug. 10, 2026, which is 33% below its 10-year median of 9.00. GuruFocus rates CNXU with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 1,378 Biotechnology companies, Conexeu Sciences ranks better than 74.96% 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:

Conexeu Sciences has a Altman Z2-Score of 6.00, 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 Conexeu Sciences's Altman Z2-Score or its related term are showing as below:

CNXU' s Altman Z2-Score Range Over the Past 10 Years
Min: 6   Med: 9   Max: 26.49
Current: 6

During the past 2 years, Conexeu Sciences's highest Altman Z2-Score was 26.49. The lowest was 6.00. And the median was 9.00.


Conexeu Sciences  (NAS:CNXU) 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.


Conexeu Sciences Altman Z2-Score Related Terms


Conexeu Sciences Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Conexeu Sciences'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.

Conexeu Sciences Altman Z2-Score Chart

Conexeu Sciences Annual Data
Trend Oct24 Oct25
Altman Z2-Score
0.00 26.49

Conexeu Sciences Quarterly Data
Oct24 Jan25 Apr25 Oct25 Jan26 Apr26
Altman Z2-Score Get a 7-Day Free Trial 0.00 0.00 26.49 9.00 6.00

CNXU vs GALT, SRZN, RNAC: Altman Z2-Score Comparison

For the Biotechnology subindustry, Conexeu Sciences'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.


Conexeu Sciences Altman Z2-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Conexeu Sciences's Altman Z2-Score distribution charts can be found below:

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


CNXU
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Conexeu Sciences Inc CNXU
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Conexeu Sciences 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.

Conexeu Sciences'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*0.8428+3.26*-1.0421+6.72*-0.5457+1.05*7.1745
=6.00

* 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 Apr. 2026:
Total Assets was $8.20 Mil.
Total Current Assets was $7.91 Mil.
Total Current Liabilities was $1.00 Mil.
Retained Earnings was $-8.55 Mil.
Pre-Tax Income was -2.304 + -1.719 + 0 + -0.458 = $-4.48 Mil.
Interest Expense was -0.003 + -0.002 + 0 + -0.001 = $-0.01 Mil.
Total Liabilities was $1.00 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
=(7.914 - 1.003)/8.2
=0.8428

X2=Retained Earnings/Total Assets
=-8.545/8.2
=-1.0421

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-4.481 - -0.006)/8.2
=-0.5457

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(7.196 - 0)/1.003
=7.1745

The zones of discrimination were as such:

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

Conexeu Sciences has a Altman Z2-Score of 6.00 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 6.00 mean?
Conexeu Sciences (CNXU) has a Altman Z2-Score of 6.00 as of Aug. 10, 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 Conexeu Sciences and its competitors. This is 33% below median its historical median of 9.00. Over the past decade, Conexeu Sciences' Altman Z2-Score has ranged from 6.00 to 26.49. According to the industry distribution chart, Conexeu Sciences ranks #345 out of 1378 companies in the Biotechnology industry, placing it in the top 25%.
Is Conexeu Sciences' Altman Z2-Score too high?
Conexeu Sciences' current Altman Z2-Score of 6.00 is 33% below median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 26.49. Based on the distribution chart, Conexeu Sciences ranks #345 out of 1378 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Conexeu Sciences has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Conexeu Sciences' Altman Z2-Score compare to GALT and SRZN?
According to the Biotechnology industry distribution chart, Conexeu Sciences ranks #345 out of 1378 companies for Altman Z2-Score. This places Conexeu Sciences in the top 25% of its industry — outperforming the majority of peers. Historically, Conexeu Sciences' own Altman Z2-Score has ranged from 6.00 to 26.49 over the past decade. 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 Biotechnology company?
A good Altman Z2-Score depends on the Biotechnology industry context. 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 Conexeu Sciences and its competitors. Conexeu Sciences's current Altman Z2-Score is 6.00, which is 33% below median its own 10-year median of 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conexeu Sciences stock overvalued right now?
Conexeu Sciences (CNXU) has a current Altman Z2-Score of 6.00. The current Altman Z2-Score is 6.00, which is 33% below median its 10-year median of 9.00. Conexeu Sciences' overall GF Score™ is 12/100 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 Conexeu Sciences (CNXU), the current Altman Z2-Score is 6.00 as of Aug. 10, 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.

Conexeu Sciences Business Description

Address 50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Conexeu Sciences Inc is an early-stage medical technology company. The company develops and supplies collagen-based technologies that helps doctors and patients regenerate tissue naturally, safely, and effectively. The company is focused on developing regenerative biomaterials that address relative needs in wound care, dentistry, and aesthetics. The company seek to provide physicians with device-based solutions that improve healing, restore soft tissue, and enhance patient outcomes across multiple clinical settings. The company focuses durable, and growing addressable markets in regenerative aesthetics, wound care, 3D-printed tissue structures, veterinary wound repair, and dental soft-tissue regeneration.
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