KPIFF (Edgewater Wireless Systems) Altman Z2-Score: -479.71 (As of Jun. 30, 2026)


What is Edgewater Wireless Systems Altman Z2-Score?

Edgewater Wireless Systems KPIFF -32.32% Altman Z2-Score is -479.71 as of Jun. 30, 2026. The stock has 2 warning signs investors should review. Among 2,483 Hardware companies, Edgewater Wireless Systems ranks worse than 99.68% 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:

Edgewater Wireless Systems has a Altman Z2-Score of -479.71, 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 Edgewater Wireless Systems's Altman Z2-Score or its related term are showing as below:

KPIFF' s Altman Z2-Score Range Over the Past 10 Years
Min: -1445.63   Med: -244.63   Max: -50
Current: -479.79

During the past 13 years, Edgewater Wireless Systems's highest Altman Z2-Score was -50.00. The lowest was -1445.63. And the median was -244.63.


Edgewater Wireless Systems  (OTCPK:KPIFF) 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.


Edgewater Wireless Systems Altman Z2-Score Related Terms


Edgewater Wireless Systems Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Edgewater Wireless Systems'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.

Edgewater Wireless Systems Altman Z2-Score Chart

Edgewater Wireless Systems Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -101.48 -417.88 -531.72 -580.39 -130.05

Edgewater Wireless Systems Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -91.61 -130.05 -197.89 -320.61 -479.79

KPIFF vs CSCO, CIEN, MSI: Altman Z2-Score Comparison

For the Communication Equipment subindustry, Edgewater Wireless Systems'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.


Edgewater Wireless Systems Altman Z2-Score vs Hardware Industry

For the Hardware industry and Technology sector, Edgewater Wireless Systems's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Edgewater Wireless Systems's Altman Z2-Score falls into.



Edgewater Wireless Systems 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.

Edgewater Wireless Systems'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*-2.1115+3.26*-132.4317+6.72*-4.9604+1.05*-0.7566
=-479.71

* 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 Jan. 2026:
Total Assets was $0.28 Mil.
Total Current Assets was $0.27 Mil.
Total Current Liabilities was $0.86 Mil.
Retained Earnings was $-36.82 Mil.
Pre-Tax Income was -0.256 + -0.223 + -0.263 + -0.693 = $-1.44 Mil.
Interest Expense was -0.014 + -0.014 + -0.014 + -0.014 = $-0.06 Mil.
Total Liabilities was $1.14 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
=(0.274 - 0.861)/0.278
=-2.1115

X2=Retained Earnings/Total Assets
=-36.816/0.278
=-132.4317

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.435 - -0.056)/0.278
=-4.9604

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(-0.864 - 0)/1.142
=-0.7566

The zones of discrimination were as such:

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

Edgewater Wireless Systems has a Altman Z2-Score of -479.71 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of -479.71 mean?
Edgewater Wireless Systems (KPIFF) has a Altman Z2-Score of -479.71 as of Jun. 30, 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 Edgewater Wireless Systems and its competitors. According to the industry distribution chart, Edgewater Wireless Systems ranks #2475 out of 2483 companies in the Hardware industry, placing it in the top 99.7%.
Is Edgewater Wireless Systems' Altman Z2-Score too high?
Edgewater Wireless Systems' current Altman Z2-Score is -479.71. Based on the distribution chart, Edgewater Wireless Systems ranks #2475 out of 2483 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does Edgewater Wireless Systems' Altman Z2-Score compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Edgewater Wireless Systems ranks #2475 out of 2483 companies for Altman Z2-Score. This places Edgewater Wireless Systems in the lower half of its industry. The industry median Altman Z2-Score is 4.09. 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 Hardware company?
The median Altman Z2-Score among Hardware companies is 4.09, based on 2,483 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 Edgewater Wireless Systems and its competitors. For the Hardware industry, the median Altman Z2-Score is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edgewater Wireless Systems's current Altman Z2-Score is -479.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edgewater Wireless Systems stock overvalued right now?
Edgewater Wireless Systems (KPIFF) has a current Altman Z2-Score of -479.71. The current Altman Z2-Score is -479.71. 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 Edgewater Wireless Systems (KPIFF), the current Altman Z2-Score is -479.71 as of Jun. 30, 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.

Edgewater Wireless Systems Business Description

Other Exchanges E14:GermanyYFI:Canada
Address 11 Hines Road, Suite 202, Kanata, ON, CAN, K2K 2X1
Edgewater Wireless Systems Inc is engaged in developing and commercializing technologies and intellectual property for the communications market. The company is into Spectrum Slicing technology for residential and commercial markets. The Company derives all of its revenues from the sale of silicon solutions, wireless access points, associated peripheral equipment, and support services.