Dotlines Global (LSE:DOTL) Altman Z2-Score: 4.12 (As of Aug. 10, 2026) — Near Median

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LSE:DOTL Dotlines Global Ltd LSE:DOTL
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What is Dotlines Global Altman Z2-Score?

Dotlines Global LSE:DOTL 25 Altman Z2-Score is 4.12 as of Aug. 10, 2026, which is 5% above its 10-year median of 3.92. GuruFocus rates LSE:DOTL with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 2,778 Software companies, Dotlines Global ranks better than 58.82% 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:

Dotlines Global has a Altman Z2-Score of 4.12, 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 Dotlines Global's Altman Z2-Score or its related term are showing as below:

LSE:DOTL' s Altman Z2-Score Range Over the Past 10 Years
Min: 3   Med: 3.92   Max: 4.76
Current: 4.12

During the past 4 years, Dotlines Global's highest Altman Z2-Score was 4.76. The lowest was 3.00. And the median was 3.92.


Dotlines Global  (LSE:DOTL) 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.


Dotlines Global Altman Z2-Score Related Terms


Dotlines Global Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Dotlines Global'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.

Dotlines Global Altman Z2-Score Chart

Dotlines Global Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
3.00 3.71 4.76 4.12

Dotlines Global Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-Score Get a 7-Day Free Trial 3.71 0.00 4.76 0.00 4.12

LSE:DOTL vs QH, SHOP, UBER: Altman Z2-Score Comparison

For the Software - Application subindustry, Dotlines Global'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.


Dotlines Global Altman Z2-Score vs Software Industry

For the Software industry and Technology sector, Dotlines Global's Altman Z2-Score distribution charts can be found below:

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


LSE:DOTL
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Dotlines Global Ltd LSE:DOTL
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Dotlines Global 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.

Dotlines Global'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*0.3193+3.26*0.1419+6.72*0.1521+1.05*0.5169
=4.12

* 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 Dec. 2025:
Total Assets was £7.45 Mil.
Total Current Assets was £7.29 Mil.
Total Current Liabilities was £4.91 Mil.
Retained Earnings was £1.06 Mil.
Pre-Tax Income was £1.06 Mil.
Interest Expense was £-0.07 Mil.
Total Liabilities was £4.91 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
=(7.291 - 4.912)/7.451
=0.3193

X2=Retained Earnings/Total Assets
=1.057/7.451
=0.1419

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.063 - -0.07)/7.451
=0.1521

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2.539 - 0)/4.912
=0.5169

The zones of discrimination were as such:

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

Dotlines Global has a Altman Z2-Score of 4.12 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.12 mean?
Dotlines Global (LSE:DOTL) has a Altman Z2-Score of 4.12 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 Dotlines Global and its competitors. This is near median its historical median of 3.92. Over the past decade, Dotlines Global's Altman Z2-Score has ranged from 3.00 to 4.76. According to the industry distribution chart, Dotlines Global ranks #1144 out of 2778 companies in the Software industry, placing it in the top 41.2%.
Is Dotlines Global's Altman Z2-Score too high?
Dotlines Global's current Altman Z2-Score of 4.12 is near median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 4.76. The Software industry median Altman Z2-Score is 3.00. Dotlines Global's value of 4.12 is 37.3% above this industry median. Based on the distribution chart, Dotlines Global ranks #1144 out of 2778 companies in the Software industry, which is above the industry midpoint. Overall, Dotlines Global has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Dotlines Global's Altman Z2-Score compare to QH and SHOP?
According to the Software industry distribution chart, Dotlines Global ranks #1144 out of 2778 companies for Altman Z2-Score. This puts Dotlines Global in the upper half of its industry. The industry median Altman Z2-Score is 3.00. Dotlines Global's value of 4.12 is 37.3% above this benchmark. Historically, Dotlines Global's own Altman Z2-Score has ranged from 3.00 to 4.76 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 3.00, Dotlines Global 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 Software company?
The median Altman Z2-Score among Software companies is 3.00, based on 2,778 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. Dotlines Global's current Altman Z2-Score of 4.12 is 37.3% 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 Dotlines Global and its competitors. For the Software industry, the median Altman Z2-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dotlines Global's current Altman Z2-Score is 4.12, which is near median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dotlines Global stock overvalued right now?
Dotlines Global (LSE:DOTL) has a current Altman Z2-Score of 4.12. The current Altman Z2-Score is 4.12, which is near median its 10-year median of 3.92 and 37.3% above the Software industry median of 3.00. Dotlines Global's overall GF Score™ is 25/100 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 Dotlines Global (LSE:DOTL), the current Altman Z2-Score is 4.12 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.

Dotlines Global Business Description

Address Elizabeth Avenue, Park Plaza House, Third Floor, St. Peter Port, GGY, GY1 2HU
Dotlines Global Ltd is a UK-based international technology group operating in the telecommunications, digital infrastructure, cybersecurity, and financial technology sectors. It offers products, platforms, and solutions for both B2B and B2C customers. Its two core areas of activity are digital content and services - principally, the Sohoj digital lifestyle platform for migrant populations in Malaysia, which has served over a million migrants from countries across Asia - and telecom products and services in the UK comprising: the Catena OSS and BSS software platform for internet service providers; Audra SME- and consumer-focused cybersecurity solutions; and the Carnival Internet full fibre broadband service.
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