Suntrade Group AB (XSAT:STRD B) Altman Z2-Score: -4.97 (As of Jul. 16, 2026)

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What is Suntrade Group AB Altman Z2-Score?

Suntrade Group AB XSAT:STRD B +4.44% Altman Z2-Score is -4.97 as of Jul. 16, 2026. The stock has 1 warning sign investors should review. Among 1,590 Chemicals companies, Suntrade Group AB ranks worse than 95.09% 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.

Warning Sign:

Suntrade Group AB has a Altman Z2-Score of -4.97, 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 Suntrade Group AB's Altman Z2-Score or its related term are showing as below:

XSAT:STRD B' s Altman Z2-Score Range Over the Past 10 Years
Min: -467.67   Med: -0.03   Max: 23.17
Current: -4.97

During the past 13 years, Suntrade Group AB's highest Altman Z2-Score was 23.17. The lowest was -467.67. And the median was -0.03.


Suntrade Group AB  (XSAT:STRD B) 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.


Suntrade Group AB Altman Z2-Score Related Terms


Suntrade Group AB Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Suntrade Group AB'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.

Suntrade Group AB Altman Z2-Score Chart

Suntrade Group AB Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 -46.32 -144.06 -467.67 -0.06

Suntrade Group AB Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Dec25 Mar26
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 -2.03 -1.73 -2.22 0.00 -4.97

XSAT:STRD B vs DOW: Altman Z2-Score Comparison

For the Chemicals subindustry, Suntrade Group AB'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.


Suntrade Group AB Altman Z2-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suntrade Group AB's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Suntrade Group AB's Altman Z2-Score falls into.



Suntrade Group AB 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.

Suntrade Group AB'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*-0.377+3.26*-0.4424+6.72*-0.188+1.05*0.2008
=-4.97

* 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 kr14.09 Mil.
Total Current Assets was kr2.80 Mil.
Total Current Liabilities was kr8.11 Mil.
Retained Earnings was kr-6.23 Mil.
Pre-Tax Income was -1.547 + -0.737 + -1.562 + -0.15 = kr-4.00 Mil.
Interest Expense was -0.09 + -0.419 + -0.649 + -0.19 = kr-1.35 Mil.
Total Liabilities was kr11.73 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
=(2.802 - 8.112)/14.085
=-0.377

X2=Retained Earnings/Total Assets
=-6.231/14.085
=-0.4424

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.996 - -1.348)/14.085
=-0.188

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2.355 - 0)/11.73
=0.2008

The zones of discrimination were as such:

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

Suntrade Group AB has a Altman Z2-Score of -4.97 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of -4.97 mean?
Suntrade Group AB (XSAT:STRD B) has a Altman Z2-Score of -4.97 as of Jul. 16, 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 Suntrade Group AB and its competitors. According to the industry distribution chart, Suntrade Group AB ranks #1512 out of 1590 companies in the Chemicals industry, placing it in the top 95.1%.
Is Suntrade Group AB's Altman Z2-Score too high?
Suntrade Group AB's current Altman Z2-Score is -4.97. Based on the distribution chart, Suntrade Group AB ranks #1512 out of 1590 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does Suntrade Group AB's Altman Z2-Score compare to DOW?
According to the Chemicals industry distribution chart, Suntrade Group AB ranks #1512 out of 1590 companies for Altman Z2-Score. This places Suntrade Group AB in the lower half of its industry. The industry median Altman Z2-Score is 3.96. 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 Chemicals company?
The median Altman Z2-Score among Chemicals companies is 3.96, based on 1,590 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. 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 Suntrade Group AB and its competitors. For the Chemicals industry, the median Altman Z2-Score is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suntrade Group AB's current Altman Z2-Score is -4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suntrade Group AB stock overvalued right now?
Suntrade Group AB (XSAT:STRD B) has a current Altman Z2-Score of -4.97. The current Altman Z2-Score is -4.97. 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 Suntrade Group AB (XSAT:STRD B), the current Altman Z2-Score is -4.97 as of Jul. 16, 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.

Suntrade Group AB Business Description

Other Exchanges 8LU:Germany
Address Sven Hultins gata 9C, Goteborg, SWE, 412 58
Suntrade Group AB Formerly Taurus Energy AB is engaged in a commercial development project involving ethanol production from forestry and agricultural waste. Its product includes XyloFerm a robust prototrophic yeast strain for producing ethanol from C6 and xylose streams. Its products are marketed and distributed in United States by Lallemand Biofuels & Distilled Spirits.