SBXD (SilverBox IV) Altman Z2-Score: 15.73 (As of Jul. 01, 2026) — Near Median


SBXD SilverBox Corp IV SBXD
15 GF Score
Price $10.81
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What is SilverBox IV Altman Z2-Score?

SilverBox IV SBXD 15 Altman Z2-Score is 15.73 as of Jul. 01, 2026, which is 5% below its 10-year median of 16.58. GuruFocus rates SBXD with a GF Score™ of 15/100. Among 421 Diversified Financial Services companies, SilverBox IV ranks better than 63.66% 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:

SilverBox IV has a Altman Z2-Score of 15.73, 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 SilverBox IV's Altman Z2-Score or its related term are showing as below:

SBXD' s Altman Z2-Score Range Over the Past 10 Years
Min: 15.73   Med: 16.58   Max: 18.89
Current: 15.73

During the past 2 years, SilverBox IV's highest Altman Z2-Score was 18.89. The lowest was 15.73. And the median was 16.58.


SilverBox IV  (NYSE:SBXD) 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.


SilverBox IV Altman Z2-Score Related Terms


SilverBox IV Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for SilverBox IV'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.

SilverBox IV Altman Z2-Score Chart

SilverBox IV Annual Data
Trend Dec24 Dec25
Altman Z2-Score
0.00 16.22

SilverBox IV Quarterly Data
Apr24 Aug24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial 18.89 18.39 16.58 16.22 15.73

SBXD vs NHIV, XSLL, PAII: Altman Z2-Score Comparison

For the Shell Companies subindustry, SilverBox IV'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.


SilverBox IV Altman Z2-Score vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SilverBox IV's Altman Z2-Score distribution charts can be found below:

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


SBXD
15GF Score
SilverBox Corp IV SBXD
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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SilverBox IV 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.

SilverBox IV'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*-0.0016+3.26*-0.0619+6.72*0.024+1.05*15.032
=15.73

* 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 $215.33 Mil.
Total Current Assets was $0.11 Mil.
Total Current Liabilities was $0.45 Mil.
Retained Earnings was $-13.32 Mil.
Pre-Tax Income was 1.375 + 1.685 + 0.638 + 1.463 = $5.16 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Liabilities was $13.43 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
=(0.108 - 0.45)/215.325
=-0.0016

X2=Retained Earnings/Total Assets
=-13.323/215.325
=-0.0619

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5.161 - 0)/215.325
=0.024

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(201.895 - 0)/13.431
=15.032

The zones of discrimination were as such:

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

SilverBox IV has a Altman Z2-Score of 15.73 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 15.73 mean?
SilverBox IV (SBXD) has a Altman Z2-Score of 15.73 as of Jul. 01, 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 SilverBox IV and its competitors. This is near median its historical median of 16.58. Over the past decade, SilverBox IV's Altman Z2-Score has ranged from 15.73 to 18.89. According to the industry distribution chart, SilverBox IV ranks #153 out of 421 companies in the Diversified Financial Services industry, placing it in the top 36.3%.
Is SilverBox IV's Altman Z2-Score too high?
SilverBox IV's current Altman Z2-Score of 15.73 is near median its 10-year median of 16.58. Over the past 10 years, this metric has ranged from a low of 15.73 to a high of 18.89. The Diversified Financial Services industry median Altman Z2-Score is 10.78. SilverBox IV's value of 15.73 is 45.9% above this industry median. Based on the distribution chart, SilverBox IV ranks #153 out of 421 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, SilverBox IV has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does SilverBox IV's Altman Z2-Score compare to NHIV and XSLL?
According to the Diversified Financial Services industry distribution chart, SilverBox IV ranks #153 out of 421 companies for Altman Z2-Score. This puts SilverBox IV in the upper half of its industry. The industry median Altman Z2-Score is 10.78. SilverBox IV's value of 15.73 is 45.9% above this benchmark. Historically, SilverBox IV's own Altman Z2-Score has ranged from 15.73 to 18.89 over the past decade. While the company's 10-year median is 16.58 vs. the industry median of 10.78, SilverBox IV 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 Diversified Financial Services company?
The median Altman Z2-Score among Diversified Financial Services companies is 10.78, based on 421 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. SilverBox IV's current Altman Z2-Score of 15.73 is 45.9% 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 SilverBox IV and its competitors. For the Diversified Financial Services industry, the median Altman Z2-Score is 10.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SilverBox IV's current Altman Z2-Score is 15.73, which is near median its own 10-year median of 16.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SilverBox IV stock overvalued right now?
SilverBox IV (SBXD) has a current Altman Z2-Score of 15.73. The current Altman Z2-Score is 15.73, which is near median its 10-year median of 16.58 and 45.9% above the Diversified Financial Services industry median of 10.78. SilverBox IV's 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 SilverBox IV (SBXD), the current Altman Z2-Score is 15.73 as of Jul. 01, 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.

SilverBox IV Business Description

Address 8701 Bee Cave Road, East Building, Suite 310, Austin, TX, USA, 78746
SilverBox Corp IV is a blank check company.
15GF Score

Get the complete analysis for SBXD

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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