OKAIF (EvokAI Creative Labs) Altman Z2-Score: -2,102.02 (As of Jul. 16, 2026)

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OKAIF EvokAI Creative Labs Inc OKAIF
15 GF Score
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What is EvokAI Creative Labs Altman Z2-Score?

EvokAI Creative Labs OKAIF -30.15% 15 Altman Z2-Score is -2,102.02 as of Jul. 16, 2026. GuruFocus rates OKAIF with a GF Score™ of 15/100.

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:

EvokAI Creative Labs has a Altman Z2-Score of -2,102.02, 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 EvokAI Creative Labs's Altman Z2-Score or its related term are showing as below:


EvokAI Creative Labs  (OTCPK:OKAIF) 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.


EvokAI Creative Labs Altman Z2-Score Related Terms


EvokAI Creative Labs Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for EvokAI Creative Labs'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.

EvokAI Creative Labs Altman Z2-Score Chart

EvokAI Creative Labs Annual Data
Trend Dec21 Dec22 Dec23
Altman Z2-Score
0.00 -5,746.21 -208.04

EvokAI Creative Labs Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -208.04 -458.58 -1,146.69 -2,092.14

OKAIF vs VEEV, GEHC, DOCS: Altman Z2-Score Comparison

For the Health Information Services subindustry, EvokAI Creative Labs'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.


EvokAI Creative Labs Altman Z2-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EvokAI Creative Labs's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where EvokAI Creative Labs's Altman Z2-Score falls into.


OKAIF
15GF Score
EvokAI Creative Labs Inc OKAIF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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EvokAI Creative Labs 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.

EvokAI Creative Labs'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*-3.4051+3.26*-282.5949+6.72*-172.2405+1.05*-0.9252
=-2,102.02

* 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 Sep. 2024:
Total Assets was $0.08 Mil.
Total Current Assets was $0.08 Mil.
Total Current Liabilities was $0.35 Mil.
Retained Earnings was $-22.33 Mil.
Pre-Tax Income was -0.205 + -0.309 + -0.426 + -12.691 = $-13.63 Mil.
Interest Expense was -0.008 + -0.008 + 0 + -0.008 = $-0.02 Mil.
Total Liabilities was $1.06 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
=(0.079 - 0.348)/0.079
=-3.4051

X2=Retained Earnings/Total Assets
=-22.325/0.079
=-282.5949

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-13.631 - -0.024)/0.079
=-172.2405

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(-0.977 - 0)/1.056
=-0.9252

The zones of discrimination were as such:

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

EvokAI Creative Labs has a Altman Z2-Score of -2,102.02 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of -2,102.02 mean?
EvokAI Creative Labs (OKAIF) has a Altman Z2-Score of -2,102.02 as of Jul. 16, 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 EvokAI Creative Labs and its competitors.
Is EvokAI Creative Labs' Altman Z2-Score too high?
EvokAI Creative Labs' current Altman Z2-Score is -2,102.02. Overall, EvokAI Creative Labs has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does EvokAI Creative Labs' Altman Z2-Score compare to VEEV and GEHC?
EvokAI Creative Labs' Altman Z2-Score of -2,102.02 can be compared against companies in the Healthcare Providers & Services industry. The industry median Altman Z2-Score is 2.19. 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 Healthcare Providers & Services company?
The median Altman Z2-Score among Healthcare Providers & Services companies is 2.19, based on 676 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 EvokAI Creative Labs and its competitors. For the Healthcare Providers & Services industry, the median Altman Z2-Score is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EvokAI Creative Labs's current Altman Z2-Score is -2,102.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvokAI Creative Labs stock overvalued right now?
EvokAI Creative Labs (OKAIF) has a current Altman Z2-Score of -2,102.02. The current Altman Z2-Score is -2,102.02. EvokAI Creative Labs' overall GF Score™ is 15/100. 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 EvokAI Creative Labs (OKAIF), the current Altman Z2-Score is -2,102.02 as of Jul. 16, 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.

EvokAI Creative Labs Business Description

Address 609 Granville Street, Suite 1600, PO Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C3
EvokAI Creative Labs Inc is a medtech artificial-intelligence-powered company. It deploys machine learning models to search medical data and uncover insights to help improve health outcomes, patient experiences, drug development, preclinical and clinical decisions, and provide more accurate diagnoses. EvokAI tailors its AI algorithms across the whole healthcare system, from hospitals, private clinics, research institutions, pharmaceutical companies, and contract research organizations to medical professionals, patients, and healthy individuals aiming at preventing and early detecting any kind of disease and beyond, protecting the aging genome.
15GF Score

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