STL Networks (NSE:STLNETWORK) Altman Z2-Score: 2.39 (As of Jun. 26, 2026) — Near Median


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What is STL Networks Altman Z2-Score?

STL Networks NSE:STLNETWORK -2.01% 3 Altman Z2-Score is 2.39 as of Jun. 26, 2026, which is at its 10-year median of 2.39. GuruFocus rates NSE:STLNETWORK with a GF Score™ of 3/100. The stock has 8 warning signs investors should review. Among 366 Telecommunication Services companies, STL Networks ranks better than 63.39% 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.

STL Networks has a Altman Z2-Score of 2.39, indicating it is in Grey Zones. This implies that STL Networks is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 STL Networks's Altman Z2-Score or its related term are showing as below:

NSE:STLNETWORK' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.39   Med: 2.39   Max: 2.39
Current: 2.39

During the past 2 years, STL Networks's highest Altman Z2-Score was 2.39. The lowest was 2.39. And the median was 2.39.


STL Networks  (NSE:STLNETWORK) 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.


STL Networks Altman Z2-Score Related Terms


STL Networks Altman Z2-Score Historical Data

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The historical data trend for STL Networks'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.

STL Networks Altman Z2-Score Chart

STL Networks Annual Data
Trend Mar25 Mar26
Altman Z2-Score
0.00 2.39

STL Networks Quarterly Data
Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial 0.00 0.00 2.07 0.00 2.39

NSE:STLNETWORK vs TMUS, VZ, T: Altman Z2-Score Comparison

For the Telecom Services subindustry, STL Networks'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.


STL Networks Altman Z2-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, STL Networks's Altman Z2-Score distribution charts can be found below:

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


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STL Networks 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.

STL Networks'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*0.2995+3.26*0+6.72*0.0019+1.05*0.3908
=2.39

* 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 ₹28,485 Mil.
Total Current Assets was ₹25,444 Mil.
Total Current Liabilities was ₹16,913 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was -497.2 + -115.6 + -246.3 + -253.6 = ₹-1,113 Mil.
Interest Expense was -290.3 + -289.9 + -284.6 + -302.5 = ₹-1,167 Mil.
Total Liabilities was ₹20,482 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
=(25444.2 - 16913)/28485.4
=0.2995

X2=Retained Earnings/Total Assets
=0/28485.4
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1112.7 - -1167.3)/28485.4
=0.0019

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(8003.7 - 0)/20481.7
=0.3908

The zones of discrimination were as such:

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

STL Networks has a Altman Z2-Score of 2.39 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 2.39 mean?
STL Networks (NSE:STLNETWORK) has a Altman Z2-Score of 2.39 as of Jun. 26, 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 STL Networks and its competitors. This is near median its historical median of 2.39. Over the past decade, STL Networks' Altman Z2-Score has ranged from 2.39 to 2.39. According to the industry distribution chart, STL Networks ranks #134 out of 366 companies in the Telecommunication Services industry, placing it in the top 36.6%.
Is STL Networks' Altman Z2-Score too high?
STL Networks' current Altman Z2-Score of 2.39 is near median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 2.39. The Telecommunication Services industry median Altman Z2-Score is 1.71. STL Networks' value of 2.39 is 40.2% above this industry median. Based on the distribution chart, STL Networks ranks #134 out of 366 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, STL Networks has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does STL Networks' Altman Z2-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, STL Networks ranks #134 out of 366 companies for Altman Z2-Score. This puts STL Networks in the upper half of its industry. The industry median Altman Z2-Score is 1.71. STL Networks' value of 2.39 is 40.2% above this benchmark. Historically, STL Networks' own Altman Z2-Score has ranged from 2.39 to 2.39 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 1.71, STL Networks 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 Telecommunication Services company?
The median Altman Z2-Score among Telecommunication Services companies is 1.71, based on 366 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. STL Networks's current Altman Z2-Score of 2.39 is 40.2% 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 STL Networks and its competitors. For the Telecommunication Services industry, the median Altman Z2-Score is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STL Networks's current Altman Z2-Score is 2.39, which is near median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STL Networks stock overvalued right now?
STL Networks (NSE:STLNETWORK) has a current Altman Z2-Score of 2.39. The current Altman Z2-Score is 2.39, which is near median its 10-year median of 2.39 and 40.2% above the Telecommunication Services industry median of 1.71. STL Networks' overall GF Score™ is 3/100 with 8 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 STL Networks (NSE:STLNETWORK), the current Altman Z2-Score is 2.39 as of Jun. 26, 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.

STL Networks Business Description

Other Exchanges 544395:India
Address Capital Cyberscape, 15th & 16th Floor, Sector -59, Gurugram, HR, IND, 122102
STL Networks Ltd aims to provide comprehensive services for network modernization, including design, development, sale, and maintenance of telecommunication systems, creating interconnected data centers, and providing a comprehensive cyberinfrastructure. The Group operates only in one Business Segment Global Services Business consisting of providing comprehensive solutions across fiber network services, system integration, IT Infrastructure management, setting up of data center operations, Network Operations Center (NOC) and Security Operations Center.
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