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YBS International Bhd (XKLS:0025) Altman Z2-Score : 2.58 (As of Jul. 21, 2025)


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What is YBS International Bhd 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.

YBS International Bhd has a Altman Z2-Score of 2.58, indicating it is in Grey Zones. This implies that YBS International Bhd is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 YBS International Bhd's Altman Z2-Score or its related term are showing as below:

XKLS:0025' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.87   Med: 3.54   Max: 5.18
Current: 2.58

During the past 13 years, YBS International Bhd's highest Altman Z2-Score was 5.18. The lowest was 1.87. And the median was 3.54.


YBS International Bhd Altman Z2-Score Historical Data

The historical data trend for YBS International Bhd'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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YBS International Bhd Altman Z2-Score Chart

YBS International Bhd Annual Data
Trend Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.65 3.57 2.72 1.87 2.58

YBS International Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.87 1.90 1.31 1.43 2.58

Competitive Comparison of YBS International Bhd's Altman Z2-Score

For the Specialty Industrial Machinery subindustry, YBS International Bhd'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.


YBS International Bhd's Altman Z2-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, YBS International Bhd's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where YBS International Bhd's Altman Z2-Score falls into.


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YBS International Bhd 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.

YBS International Bhd'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*0.1312+3.26*0.0873+6.72*-0.0272+1.05*1.5424
=2.58

* 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. 2025:
Total Assets was RM227.8 Mil.
Total Current Assets was RM64.1 Mil.
Total Current Liabilities was RM34.3 Mil.
Retained Earnings was RM19.9 Mil.
Pre-Tax Income was -0.939 + 0.291 + -8.497 + 0.258 = RM-8.9 Mil.
Interest Expense was -0.651 + -0.658 + -0.691 + -0.688 = RM-2.7 Mil.
Total Liabilities was RM89.6 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
=(64.146 - 34.252)/227.796
=0.1312

X2=Retained Earnings/Total Assets
=19.895/227.796
=0.0873

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-8.887 - -2.688)/227.796
=-0.0272

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(138.196 - 0)/89.6
=1.5424

The zones of discrimination were as such:

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

YBS International Bhd has a Altman Z2-Score of 2.58 indicating it is in Grey Zones.


YBS International Bhd  (XKLS:0025) 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.


YBS International Bhd Altman Z2-Score Related Terms

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YBS International Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 978, Lorong Perindustrian Bukit Minyak 20, Taman Perindustrian Bukit Minyak, Simpang Ampat, PNG, MYS, 14100
YBS International Bhd is a Malaysian-based investment holding company involved in the provision of management services. It operates in two main segments - Precision engineering and plastic injection molding, and Precision machining and stamping, Paper products and Electronic manufacturing services. The company earns maximum revenue from the Precision machining and stamping segment which is involved in the manufacture and sale of precision machining and stamping components for telecommunication, industrial sensors, switches, electronic equipment, and other industries.

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