Cadogan Energy Solutions (STU:CPD) Altman Z2-Score: 22.16 (As of Jun. 28, 2026) — 45% Below Median


What is Cadogan Energy Solutions Altman Z2-Score?

Cadogan Energy Solutions STU:CPD -31.43% Altman Z2-Score is 22.16 as of Jun. 28, 2026, which is 45% below its 10-year median of 40.44. The stock has 5 warning signs investors should review. Among 1,015 Oil & Gas companies, Cadogan Energy Solutions ranks better than 94.88% 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:

Cadogan Energy Solutions has a Altman Z2-Score of 22.16, 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 Cadogan Energy Solutions's Altman Z2-Score or its related term are showing as below:

STU:CPD' s Altman Z2-Score Range Over the Past 10 Years
Min: 22.16   Med: 40.44   Max: 47.81
Current: 22.16

During the past 13 years, Cadogan Energy Solutions's highest Altman Z2-Score was 47.81. The lowest was 22.16. And the median was 40.44.


Cadogan Energy Solutions  (STU:CPD) 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.


Cadogan Energy Solutions Altman Z2-Score Related Terms


Cadogan Energy Solutions Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Cadogan Energy Solutions'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.

Cadogan Energy Solutions Altman Z2-Score Chart

Cadogan Energy Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.47 40.27 41.98 37.42 22.16

Cadogan Energy Solutions Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.98 0.00 37.42 0.00 22.16

STU:CPD vs COP, EOG, OXY: Altman Z2-Score Comparison

For the Oil & Gas E&P subindustry, Cadogan Energy Solutions'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.


Cadogan Energy Solutions Altman Z2-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cadogan Energy Solutions's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Cadogan Energy Solutions's Altman Z2-Score falls into.



Cadogan Energy Solutions 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.

Cadogan Energy Solutions'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*0.333+3.26*4.9976+6.72*-0.0293+1.05*3.6908
=22.16

* 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 Dec. 2025:
Total Assets was €30.49 Mil.
Total Current Assets was €12.57 Mil.
Total Current Liabilities was €2.42 Mil.
Retained Earnings was €152.38 Mil.
Pre-Tax Income was €-0.97 Mil.
Interest Expense was €-0.08 Mil.
Total Liabilities was €6.50 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
=(12.571 - 2.417)/30.491
=0.333

X2=Retained Earnings/Total Assets
=152.383/30.491
=4.9976

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.974 - -0.081)/30.491
=-0.0293

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(23.994 - 0)/6.501
=3.6908

The zones of discrimination were as such:

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

Cadogan Energy Solutions has a Altman Z2-Score of 22.16 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 22.16 mean?
Cadogan Energy Solutions (STU:CPD) has a Altman Z2-Score of 22.16 as of Jun. 28, 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 Cadogan Energy Solutions and its competitors. This is 45% below median its historical median of 40.44. Over the past decade, Cadogan Energy Solutions' Altman Z2-Score has ranged from 22.16 to 47.81. According to the industry distribution chart, Cadogan Energy Solutions ranks #52 out of 1015 companies in the Oil & Gas industry, placing it in the top 5.1%.
Is Cadogan Energy Solutions' Altman Z2-Score too high?
Cadogan Energy Solutions' current Altman Z2-Score of 22.16 is 45% below median its 10-year median of 40.44. Over the past 10 years, this metric has ranged from a low of 22.16 to a high of 47.81. The Oil & Gas industry median Altman Z2-Score is 1.81. Cadogan Energy Solutions' value of 22.16 is 1124.3% above this industry median. Based on the distribution chart, Cadogan Energy Solutions ranks #52 out of 1015 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Cadogan Energy Solutions' Altman Z2-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Cadogan Energy Solutions ranks #52 out of 1015 companies for Altman Z2-Score. This places Cadogan Energy Solutions in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.81. Cadogan Energy Solutions' value of 22.16 is 1124.3% above this benchmark. Historically, Cadogan Energy Solutions' own Altman Z2-Score has ranged from 22.16 to 47.81 over the past decade. While the company's 10-year median is 40.44 vs. the industry median of 1.81, Cadogan Energy Solutions 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 an Oil & Gas company?
The median Altman Z2-Score among Oil & Gas companies is 1.81, based on 1,015 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. Cadogan Energy Solutions's current Altman Z2-Score of 22.16 is 1124.3% 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 Cadogan Energy Solutions and its competitors. For the Oil & Gas industry, the median Altman Z2-Score is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadogan Energy Solutions's current Altman Z2-Score is 22.16, which is 45% below median its own 10-year median of 40.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadogan Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, Cadogan Energy Solutions (STU:CPD) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.04 — trading 260% above its estimated fair value. The current Altman Z2-Score is 22.16, which is 45% below median its 10-year median of 40.44 and 1124.3% above the Oil & Gas industry median of 1.81. 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 Cadogan Energy Solutions (STU:CPD), the current Altman Z2-Score is 22.16 as of Jun. 28, 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.

Cadogan Energy Solutions Business Description

Industry EnergyOil & Gas
Other Exchanges CAD:UKCPD:Germany
Address c/o Arch Law, 2nd Floor, 8 Bishopsgate, London, GBR, EC2N 4BQ
Cadogan Energy Solutions PLC is an independent energy company, which operates an exploration and production license in Western Ukraine, conducts gas trading operations, and provides services to E&P companies. The objective of the company is to be a diversified energy group making investments offering energy solutions and alternative services with a lower environmental impact. It has two operating segments; the Exploration and Production segment includes E&P activities on the exploration and production licenses for natural gas, oil, and condensate, and the Trading segment includes the Import of natural gas from European countries and Local purchase and sales of natural gas operations with physical delivery of natural gas.