OSRH (OSR Health) Altman Z2-Score: 0.29 (As of Jul. 21, 2026) — Near Median

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OSRH OSR Health Inc OSRH
8 GF Score
Price $0.44
! 2 Warning Signs
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What is OSR Health Altman Z2-Score?

OSR Health OSRH -5.47% 8 Altman Z2-Score is 0.29 as of Jul. 21, 2026, which is at its 10-year median of 0.29. GuruFocus rates OSRH with a GF Score™ of 8/100. The stock has 2 warning signs investors should review. Among 1,390 Biotechnology companies, OSR Health ranks better than 55.32% 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:

OSR Health has a Altman Z2-Score of 0.29, 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 OSR Health's Altman Z2-Score or its related term are showing as below:

OSRH' s Altman Z2-Score Range Over the Past 10 Years
Min: -0.53   Med: 0.29   Max: 7.78
Current: 0.29

During the past 4 years, OSR Health's highest Altman Z2-Score was 7.78. The lowest was -0.53. And the median was 0.29.


OSR Health  (NAS:OSRH) 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.


OSR Health Altman Z2-Score Related Terms


OSR Health Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for OSR Health'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.

OSR Health Altman Z2-Score Chart

OSR Health Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
4.79 7.78 3.84 -0.53

OSR Health Quarterly Data
Dec22 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 0.15 0.12 0.10 -0.53 0.29

OSRH vs TOVX, PBM, PHIO: Altman Z2-Score Comparison

For the Biotechnology subindustry, OSR Health'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.


OSR Health Altman Z2-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, OSR Health's Altman Z2-Score distribution charts can be found below:

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


OSRH
8GF Score
OSR Health Inc OSRH
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OSR Health 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.

OSR Health'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*-0.087+3.26*-0.2329+6.72*-0.1213+1.05*2.3184
=0.29

* 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 $172.19 Mil.
Total Current Assets was $2.92 Mil.
Total Current Liabilities was $17.90 Mil.
Retained Earnings was $-40.10 Mil.
Pre-Tax Income was -3.919 + -7.781 + -4.49 + -5.225 = $-21.42 Mil.
Interest Expense was -0.031 + -0.409 + -0.044 + -0.037 = $-0.52 Mil.
Total Liabilities was $44.80 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
=(2.923 - 17.898)/172.188
=-0.087

X2=Retained Earnings/Total Assets
=-40.101/172.188
=-0.2329

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-21.415 - -0.521)/172.188
=-0.1213

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(103.859 - 0)/44.797
=2.3184

The zones of discrimination were as such:

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

OSR Health has a Altman Z2-Score of 0.29 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.29 mean?
OSR Health (OSRH) has a Altman Z2-Score of 0.29 as of Jul. 21, 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 OSR Health and its competitors. This is near median its historical median of 0.29. According to the industry distribution chart, OSR Health ranks #621 out of 1390 companies in the Biotechnology industry, placing it in the top 44.7%.
Is OSR Health's Altman Z2-Score too high?
OSR Health's current Altman Z2-Score of 0.29 is near median its 10-year median of 0.29. Based on the distribution chart, OSR Health ranks #621 out of 1390 companies in the Biotechnology industry, which is above the industry midpoint. Overall, OSR Health has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does OSR Health's Altman Z2-Score compare to TOVX and PBM?
According to the Biotechnology industry distribution chart, OSR Health ranks #621 out of 1390 companies for Altman Z2-Score. This puts OSR Health in the upper half of its industry. 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 Biotechnology company?
A good Altman Z2-Score depends on the Biotechnology industry context. 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 OSR Health and its competitors. OSR Health's current Altman Z2-Score is 0.29, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OSR Health stock overvalued right now?
OSR Health (OSRH) has a current Altman Z2-Score of 0.29. The current Altman Z2-Score is 0.29, which is near median its 10-year median of 0.29. OSR Health's overall GF Score™ is 8/100 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 OSR Health (OSRH), the current Altman Z2-Score is 0.29 as of Jul. 21, 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.

OSR Health Business Description

Address 10900 NE 4th Street, Suite 2300, Bellevue, WA, USA, 98004
OSR Health Inc is a healthcare group that operates through a portfolio of subsidiary companies. It focuses on developing and supporting healthcare businesses and initiatives across the healthcare sector.
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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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