YHNAU (YHN Acquisition I) Altman Z2-Score: 9.86 (As of Jul. 13, 2026) — 73% Below Median


YHNAU YHN Acquisition I Ltd YHNAU
17 GF Score
Price $10.89
! 2 Warning Signs
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What is YHN Acquisition I Altman Z2-Score?

YHN Acquisition I YHNAU 17 Altman Z2-Score is 9.86 as of Jul. 13, 2026, which is 73% below its 10-year median of 36.08. GuruFocus rates YHNAU with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 411 Diversified Financial Services companies, YHN Acquisition I ranks worse than 51.82% 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:

YHN Acquisition I has a Altman Z2-Score of 9.86, 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 YHN Acquisition I's Altman Z2-Score or its related term are showing as below:

YHNAU' s Altman Z2-Score Range Over the Past 10 Years
Min: 9.86   Med: 36.08   Max: 40.1
Current: 9.86

During the past 3 years, YHN Acquisition I's highest Altman Z2-Score was 40.10. The lowest was 9.86. And the median was 36.08.


YHN Acquisition I  (NAS:YHNAU) 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.


YHN Acquisition I Altman Z2-Score Related Terms


YHN Acquisition I Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for YHN Acquisition I'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.

YHN Acquisition I Altman Z2-Score Chart

YHN Acquisition I Annual Data
Trend Dec23 Dec24 Dec25
Altman Z2-Score
0.00 38.96 11.02

YHN Acquisition I Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.26 36.08 33.09 11.02 9.86

YHNAU vs UBYH, COLA, ESHA: Altman Z2-Score Comparison

For the Shell Companies subindustry, YHN Acquisition I'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.


YHN Acquisition I Altman Z2-Score vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, YHN Acquisition I's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where YHN Acquisition I's Altman Z2-Score falls into.


YHNAU
17GF Score
YHN Acquisition I Ltd YHNAU
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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YHN Acquisition I 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.

YHN Acquisition I'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*-0.0358+3.26*-0.0903+6.72*0.0317+1.05*9.6946
=9.86

* 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 $27.53 Mil.
Total Current Assets was $0.09 Mil.
Total Current Liabilities was $1.07 Mil.
Retained Earnings was $-2.49 Mil.
Pre-Tax Income was 0.096 + 0.284 + 0.519 + -0.025 = $0.87 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Total Liabilities was $2.57 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
=(0.089 - 1.074)/27.528
=-0.0358

X2=Retained Earnings/Total Assets
=-2.485/27.528
=-0.0903

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.874 - 0)/27.528
=0.0317

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(24.954 - 0)/2.574
=9.6946

The zones of discrimination were as such:

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

YHN Acquisition I has a Altman Z2-Score of 9.86 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 9.86 mean?
YHN Acquisition I (YHNAU) has a Altman Z2-Score of 9.86 as of Jul. 13, 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 YHN Acquisition I and its competitors. This is 73% below median its historical median of 36.08. Over the past decade, YHN Acquisition I's Altman Z2-Score has ranged from 9.86 to 40.10. According to the industry distribution chart, YHN Acquisition I ranks #213 out of 411 companies in the Diversified Financial Services industry, placing it in the top 51.8%.
Is YHN Acquisition I's Altman Z2-Score too high?
YHN Acquisition I's current Altman Z2-Score of 9.86 is 73% below median its 10-year median of 36.08. Over the past 10 years, this metric has ranged from a low of 9.86 to a high of 40.10. The Diversified Financial Services industry median Altman Z2-Score is 11.12. YHN Acquisition I's value of 9.86 is 11.3% below this industry median. Based on the distribution chart, YHN Acquisition I ranks #213 out of 411 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, YHN Acquisition I has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does YHN Acquisition I's Altman Z2-Score compare to UBYH and COLA?
According to the Diversified Financial Services industry distribution chart, YHN Acquisition I ranks #213 out of 411 companies for Altman Z2-Score. This places YHN Acquisition I in the lower half of its industry. The industry median Altman Z2-Score is 11.12. YHN Acquisition I's value of 9.86 is 11.3% below this benchmark. Historically, YHN Acquisition I's own Altman Z2-Score has ranged from 9.86 to 40.10 over the past decade. While the company's 10-year median is 36.08 vs. the industry median of 11.12, YHN Acquisition I 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 Diversified Financial Services company?
The median Altman Z2-Score among Diversified Financial Services companies is 11.12, based on 411 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. YHN Acquisition I's current Altman Z2-Score of 9.86 is 11.3% 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 YHN Acquisition I and its competitors. For the Diversified Financial Services industry, the median Altman Z2-Score is 11.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YHN Acquisition I's current Altman Z2-Score is 9.86, which is 73% below median its own 10-year median of 36.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YHN Acquisition I stock overvalued right now?
YHN Acquisition I (YHNAU) has a current Altman Z2-Score of 9.86. The current Altman Z2-Score is 9.86, which is 73% below median its 10-year median of 36.08 and 11.3% below the Diversified Financial Services industry median of 11.12. YHN Acquisition I's overall GF Score™ is 17/100 with 2 warning signs to review. 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 YHN Acquisition I (YHNAU), the current Altman Z2-Score is 9.86 as of Jul. 13, 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.

YHN Acquisition I Business Description

Other Exchanges YHNA:USA
Address 200 Hennessy Road, 2nd floor, Hang Seng Building, Wanchai, Hong Kong, HKG
YHN Acquisition I Ltd is a newly organized blank check company for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities.
17GF Score

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