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Stop Sleep Go (Stop Sleep Go) Altman Z2-Score : -214.82 (As of Jun. 22, 2024)


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What is Stop Sleep Go Altman Z2-Score?

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:

Stop Sleep Go has a Altman Z2-Score of -214.82, 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 Stop Sleep Go's Altman Z2-Score or its related term are showing as below:


Stop Sleep Go Altman Z2-Score Historical Data

The historical data trend for Stop Sleep Go'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.

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Stop Sleep Go Altman Z2-Score Chart

Stop Sleep Go Annual Data
Trend Oct12 Oct13 Oct14 Oct15
Altman Z2-Score
- - - -

Stop Sleep Go Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 Premium Member Only - - - - -

Competitive Comparison of Stop Sleep Go's Altman Z2-Score

For the Specialty Retail subindustry, Stop Sleep Go'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.


Stop Sleep Go's Altman Z2-Score Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Stop Sleep Go's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Stop Sleep Go's Altman Z2-Score falls into.



Stop Sleep Go 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.

Stop Sleep Go'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*-6.5714+3.26*-46.6429+6.72*-2.7857+1.05*-0.8947
=-214.82

* 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 Jul. 2016:
Total Assets was $0.01 Mil.
Total Current Assets was $0.01 Mil.
Total Current Liabilities was $0.11 Mil.
Retained Earnings was $-0.65 Mil.
Pre-Tax Income was -0.01 + -0.009 + -0.011 + -0.009 = $-0.04 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Liabilities was $0.13 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
=(0.014 - 0.106)/0.014
=-6.5714

X2=Retained Earnings/Total Assets
=-0.653/0.014
=-46.6429

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.039 - 0)/0.014
=-2.7857

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(-0.119 - 0)/0.133
=-0.8947

The zones of discrimination were as such:

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

Stop Sleep Go has a Altman Z2-Score of -214.82 indicating it is in Distress Zones.


Stop Sleep Go  (OTCPK:SSGOF) 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.


Stop Sleep Go Altman Z2-Score Related Terms

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Stop Sleep Go (Stop Sleep Go) Business Description

Traded in Other Exchanges
N/A
Address
8 Hysan Avenue, 2/Floor, Eton Tower, Causeway Bay, Hong Kong, HKG
Stop Sleep Go Inc is active in the retail industry. The company focuses on operating as an internet marketer, auctioneer, dealer and broker of various products and services relating to fine art, fashion, and design. It also focuses on operating as a facilitator and intermediary to all those purveyors of specialized goods that it provides through its onsite broadcasts. It also plans to operate a real-time auction Internet streaming broadcast from various geographic locations around the world that will focus specifically on representing and promoting distinct goods.

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