Awfis Space Solutions (NSE:AWFIS) Altman Z2-Score: 0.14 (As of Jul. 06, 2026)


NSE:AWFIS Awfis Space Solutions Ltd NSE:AWFIS
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What is Awfis Space Solutions Altman Z2-Score?

Awfis Space Solutions NSE:AWFIS -1.37% 45 Altman Z2-Score is 0.14 as of Jul. 06, 2026. GuruFocus rates NSE:AWFIS with a GF Score™ of 45/100. The stock has 6 warning signs investors should review. Among 1,078 Business Services companies, Awfis Space Solutions ranks worse than 84.51% 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:

Awfis Space Solutions has a Altman Z2-Score of 0.14, 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 Awfis Space Solutions's Altman Z2-Score or its related term are showing as below:

NSE:AWFIS' s Altman Z2-Score Range Over the Past 10 Years
Min: -2.95   Med: -0.94   Max: 0.14
Current: 0.14

During the past 6 years, Awfis Space Solutions's highest Altman Z2-Score was 0.14. The lowest was -2.95. And the median was -0.94.


Awfis Space Solutions  (NSE:AWFIS) 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.


Awfis Space Solutions Altman Z2-Score Related Terms


Awfis Space Solutions Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Awfis Space Solutions'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.

Awfis Space Solutions Altman Z2-Score Chart

Awfis Space Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial -2.95 -1.94 -1.08 -0.21 0.14

Awfis Space Solutions Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.21 0.00 0.14 0.00 0.14

NSE:AWFIS vs URI, SUNB, AER: Altman Z2-Score Comparison

For the Rental & Leasing Services subindustry, Awfis Space Solutions'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.


Awfis Space Solutions Altman Z2-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Awfis Space Solutions's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Awfis Space Solutions's Altman Z2-Score falls into.


NSE:AWFIS
45GF Score
Awfis Space Solutions Ltd NSE:AWFIS
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Awfis Space Solutions 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.

Awfis Space Solutions'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*-0.1075+3.26*0+6.72*0.0888+1.05*0.2343
=0.14

* 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 ₹29,102 Mil.
Total Current Assets was ₹6,776 Mil.
Total Current Liabilities was ₹9,904 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 235.02 + 220.43 + 163.3 + 103.76 = ₹723 Mil.
Interest Expense was -463.8 + -469.71 + -469.45 + -459.67 = ₹-1,863 Mil.
Total Liabilities was ₹23,577 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
=(6776.03 - 9903.73)/29101.89
=-0.1075

X2=Retained Earnings/Total Assets
=0/29101.89
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(722.51 - -1862.63)/29101.89
=0.0888

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(5524.45 - 0)/23577.44
=0.2343

The zones of discrimination were as such:

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

Awfis Space Solutions has a Altman Z2-Score of 0.14 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.14 mean?
Awfis Space Solutions (NSE:AWFIS) has a Altman Z2-Score of 0.14 as of Jul. 06, 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 Awfis Space Solutions and its competitors. According to the industry distribution chart, Awfis Space Solutions ranks #911 out of 1078 companies in the Business Services industry, placing it in the top 84.5%.
Is Awfis Space Solutions' Altman Z2-Score too high?
Awfis Space Solutions' current Altman Z2-Score is 0.14. The Business Services industry median Altman Z2-Score is 3.64. Awfis Space Solutions' value of 0.14 is 96.1% below this industry median. Based on the distribution chart, Awfis Space Solutions ranks #911 out of 1078 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Awfis Space Solutions has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Awfis Space Solutions' Altman Z2-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, Awfis Space Solutions ranks #911 out of 1078 companies for Altman Z2-Score. This places Awfis Space Solutions in the lower half of its industry. The industry median Altman Z2-Score is 3.64. Awfis Space Solutions' value of 0.14 is 96.1% below this benchmark. 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 Business Services company?
The median Altman Z2-Score among Business Services companies is 3.64, based on 1,078 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. Awfis Space Solutions's current Altman Z2-Score of 0.14 is 96.1% below 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 Awfis Space Solutions and its competitors. For the Business Services industry, the median Altman Z2-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Awfis Space Solutions's current Altman Z2-Score is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Awfis Space Solutions stock overvalued right now?
Awfis Space Solutions (NSE:AWFIS) has a current Altman Z2-Score of 0.14. The current Altman Z2-Score is 0.14 and 96.1% below the Business Services industry median of 3.64. Awfis Space Solutions' overall GF Score™ is 45/100 with 6 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 Awfis Space Solutions (NSE:AWFIS), the current Altman Z2-Score is 0.14 as of Jul. 06, 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.

Awfis Space Solutions Business Description

Other Exchanges 544181:India
Address Qutab Institutional Area, C-28-29, Kissan Bhawan, New Delhi, IND, 110016
Awfis Space Solutions Ltd is a flexible workspace solutions company with a presence in various cities in India. It provides a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office spaces for start-ups, small and medium enterprises (SMEs) as well as for large corporates and multi-national corporations. It also provides integrated facility management services and enterprise workspace designing and building services. The group is organized into several business segments: Providing co-working space on rent and allied services, Facility management services, Construction and fit-out services, and Other services. Key revenue is generated from Co-working space on rent and allied services.
45GF Score

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