RAPP (Rapport Therapeutics) Altman Z2-Score: 22.01 (As of Jul. 11, 2026) — Near Median


RAPP Rapport Therapeutics Inc RAPP
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What is Rapport Therapeutics Altman Z2-Score?

Rapport Therapeutics RAPP -0.60% 14 Altman Z2-Score is 22.01 as of Jul. 11, 2026, which is 1% above its 10-year median of 21.76. GuruFocus rates RAPP with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 1,391 Biotechnology companies, Rapport Therapeutics ranks better than 93.67% 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:

Rapport Therapeutics has a Altman Z2-Score of 22.01, 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 Rapport Therapeutics's Altman Z2-Score or its related term are showing as below:

RAPP' s Altman Z2-Score Range Over the Past 10 Years
Min: 3.09   Med: 21.76   Max: 46.09
Current: 22.01

During the past 4 years, Rapport Therapeutics's highest Altman Z2-Score was 46.09. The lowest was 3.09. And the median was 21.76.


Rapport Therapeutics  (NAS:RAPP) 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.


Rapport Therapeutics Altman Z2-Score Related Terms


Rapport Therapeutics Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Rapport Therapeutics'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.

Rapport Therapeutics Altman Z2-Score Chart

Rapport Therapeutics Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
0.00 3.39 37.06 21.50

Rapport Therapeutics Quarterly Data
Dec22 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 21.25 14.45 26.41 21.50 22.01

RAPP vs SION, TYRA, IOVA: Altman Z2-Score Comparison

For the Biotechnology subindustry, Rapport Therapeutics'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.


Rapport Therapeutics Altman Z2-Score vs Biotechnology Industry

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

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


RAPP
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Rapport Therapeutics Inc RAPP
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Rapport Therapeutics 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.

Rapport Therapeutics'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*0.9381+3.26*-0.5126+6.72*-0.2156+1.05*18.076
=22.01

* 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 $497.60 Mil.
Total Current Assets was $484.70 Mil.
Total Current Liabilities was $17.90 Mil.
Retained Earnings was $-255.09 Mil.
Pre-Tax Income was -19.857 + -33.763 + -26.925 + -26.732 = $-107.28 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Liabilities was $26.09 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
=(484.695 - 17.897)/497.597
=0.9381

X2=Retained Earnings/Total Assets
=-255.085/497.597
=-0.5126

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-107.277 - 0)/497.597
=-0.2156

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(471.512 - 0)/26.085
=18.076

The zones of discrimination were as such:

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

Rapport Therapeutics has a Altman Z2-Score of 22.01 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 22.01 mean?
Rapport Therapeutics (RAPP) has a Altman Z2-Score of 22.01 as of Jul. 11, 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 Rapport Therapeutics and its competitors. This is near median its historical median of 21.76. Over the past decade, Rapport Therapeutics' Altman Z2-Score has ranged from 3.09 to 46.09. According to the industry distribution chart, Rapport Therapeutics ranks #88 out of 1391 companies in the Biotechnology industry, placing it in the top 6.3%.
Is Rapport Therapeutics' Altman Z2-Score too high?
Rapport Therapeutics' current Altman Z2-Score of 22.01 is near median its 10-year median of 21.76. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 46.09. Based on the distribution chart, Rapport Therapeutics ranks #88 out of 1391 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Rapport Therapeutics has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Rapport Therapeutics' Altman Z2-Score compare to SION and TYRA?
According to the Biotechnology industry distribution chart, Rapport Therapeutics ranks #88 out of 1391 companies for Altman Z2-Score. This places Rapport Therapeutics in the top 6% of its industry — outperforming the majority of peers. Historically, Rapport Therapeutics' own Altman Z2-Score has ranged from 3.09 to 46.09 over the past decade. 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 Rapport Therapeutics and its competitors. Rapport Therapeutics's current Altman Z2-Score is 22.01, which is near median its own 10-year median of 21.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapport Therapeutics stock overvalued right now?
Rapport Therapeutics (RAPP) has a current Altman Z2-Score of 22.01. The current Altman Z2-Score is 22.01, which is near median its 10-year median of 21.76. Rapport Therapeutics' overall GF Score™ is 14/100 with 3 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 Rapport Therapeutics (RAPP), the current Altman Z2-Score is 22.01 as of Jul. 11, 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.

Rapport Therapeutics Business Description

Address 99 High Street, Suite 2100, Boston, MA, USA, 02110
Rapport Therapeutics Inc is a clinical-stage biotechnology company dedicated to the discovery and development of small-molecule precision medicines for patients with neurological or psychiatric disorders. The company's portfolio of programs from its RAP technology platform includes RAP-219, an investigational small molecule being developed as a therapy for focal onset seizures, primary generalized tonic-clonic seizures, and bipolar mania. Additionally, it has two discovery-stage nicotinic acetylcholine receptor (nAChR) programs stemming from its RAP technology platform: one being developed for the treatment of chronic pain, and the second, being developed for the treatment of hearing disorders. Geographically, the company operates in the United States.
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