Cibox Inter@ctive (XPAR:ALCBX) Altman Z2-Score: 1.23 (As of Jul. 14, 2026) — 76% Below Median

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What is Cibox Inter@ctive Altman Z2-Score?

Cibox Inter@ctive XPAR:ALCBX Altman Z2-Score is 1.23 as of Jul. 14, 2026, which is 76% below its 10-year median of 5.17. The stock has 5 warning signs investors should review. Among 2,487 Hardware companies, Cibox Inter@ctive ranks worse than 79.33% 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.

Cibox Inter@ctive has a Altman Z2-Score of 1.23, indicating it is in Grey Zones. This implies that Cibox Inter@ctive 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 Cibox Inter@ctive's Altman Z2-Score or its related term are showing as below:

XPAR:ALCBX' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.78   Med: 5.17   Max: 7.79
Current: 1.23

During the past 13 years, Cibox Inter@ctive's highest Altman Z2-Score was 7.79. The lowest was 0.78. And the median was 5.17.


Cibox Inter@ctive  (XPAR:ALCBX) 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.


Cibox Inter@ctive Altman Z2-Score Related Terms


Cibox Inter@ctive Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Cibox Inter@ctive'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.

Cibox Inter@ctive Altman Z2-Score Chart

Cibox Inter@ctive 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 5.19 3.42 1.65 0.78 1.23

Cibox Inter@ctive 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 1.65 0.00 0.78 0.00 1.23

XPAR:ALCBX vs SNDK, DELL, STX: Altman Z2-Score Comparison

For the Computer Hardware subindustry, Cibox Inter@ctive'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.


Cibox Inter@ctive Altman Z2-Score vs Hardware Industry

For the Hardware industry and Technology sector, Cibox Inter@ctive's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Cibox Inter@ctive's Altman Z2-Score falls into.



Cibox Inter@ctive 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.

Cibox Inter@ctive'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*0.3667+3.26*-0.2119+6.72*-0.1839+1.05*0.719
=1.23

* 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 €17.00 Mil.
Total Current Assets was €13.87 Mil.
Total Current Liabilities was €7.64 Mil.
Retained Earnings was €-3.60 Mil.
Pre-Tax Income was €-3.60 Mil.
Interest Expense was €-0.48 Mil.
Total Liabilities was €9.89 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
=(13.871 - 7.636)/17.004
=0.3667

X2=Retained Earnings/Total Assets
=-3.603/17.004
=-0.2119

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.603 - -0.476)/17.004
=-0.1839

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(7.112 - 0)/9.892
=0.719

The zones of discrimination were as such:

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

Cibox Inter@ctive has a Altman Z2-Score of 1.23 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.23 mean?
Cibox Inter@ctive (XPAR:ALCBX) has a Altman Z2-Score of 1.23 as of Jul. 14, 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 Cibox Inter@ctive and its competitors. This is 76% below median its historical median of 5.17. Over the past decade, Cibox Inter@ctive's Altman Z2-Score has ranged from 0.78 to 7.79. According to the industry distribution chart, Cibox Inter@ctive ranks #1973 out of 2487 companies in the Hardware industry, placing it in the top 79.3%.
Is Cibox Inter@ctive's Altman Z2-Score too high?
Cibox Inter@ctive's current Altman Z2-Score of 1.23 is 76% below median its 10-year median of 5.17. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 7.79. The Hardware industry median Altman Z2-Score is 4.09. Cibox Inter@ctive's value of 1.23 is 69.9% below this industry median. Based on the distribution chart, Cibox Inter@ctive ranks #1973 out of 2487 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does Cibox Inter@ctive's Altman Z2-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Cibox Inter@ctive ranks #1973 out of 2487 companies for Altman Z2-Score. This places Cibox Inter@ctive in the lower half of its industry. The industry median Altman Z2-Score is 4.09. Cibox Inter@ctive's value of 1.23 is 69.9% below this benchmark. Historically, Cibox Inter@ctive's own Altman Z2-Score has ranged from 0.78 to 7.79 over the past decade. While the company's 10-year median is 5.17 vs. the industry median of 4.09, Cibox Inter@ctive has consistently been below 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 Hardware company?
The median Altman Z2-Score among Hardware companies is 4.09, based on 2,487 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. Cibox Inter@ctive's current Altman Z2-Score of 1.23 is 69.9% below 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 Cibox Inter@ctive and its competitors. For the Hardware industry, the median Altman Z2-Score is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cibox Inter@ctive's current Altman Z2-Score is 1.23, which is 76% below median its own 10-year median of 5.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cibox Inter@ctive stock overvalued right now?
Based on GuruFocus' analysis, Cibox Inter@ctive (XPAR:ALCBX) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 23% above its estimated fair value. The current Altman Z2-Score is 1.23, which is 76% below median its 10-year median of 5.17 and 69.9% below the Hardware industry median of 4.09. 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 Cibox Inter@ctive (XPAR:ALCBX), the current Altman Z2-Score is 1.23 as of Jul. 14, 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.

Cibox Inter@ctive Business Description

Other Exchanges 0O66:UK1YH:Germany
Address 17 allee Jean-Baptiste Preux, Alfortville, FRA, 94140
Cibox Inter@ctive specializes in the development of computer peripherals, connected terminals and Internet objects. The company manufactures smartphones, tablets and PC, and connected objects. The product portfolio includes - Myfone 5, Myfone 5c, Myfone 5e, Myfone 5s, My game 7, Oberon, Smoke detector, Motion detector, Door detector, and Plug.