ACB (Aurora Cannabis) Altman Z-Score: -12.49 (As of Jun. 25, 2026)


ACB Aurora Cannabis Inc ACB
63 GF Score
Price $2.83
GF Value $4.19
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Aurora Cannabis Altman Z-Score?

Aurora Cannabis ACB -0.18% 63 Altman Z-Score is -12.49 as of Jun. 25, 2026. GuruFocus rates ACB with a GF Score™ of 63/100 and a GF Value™ of $4.19 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 952 Drug Manufacturers companies, Aurora Cannabis ranks worse than 96.11% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of -12.42 is in distress zone. This implies bankruptcy possibility in the next two years.

Aurora Cannabis has a Altman Z-Score of -12.49, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Aurora Cannabis's Altman Z-Score or its related term are showing as below:

ACB' s Altman Z-Score Range Over the Past 10 Years
Min: -12.42   Med: -2.09   Max: 9.84
Current: -12.42

During the past 13 years, Aurora Cannabis's highest Altman Z-Score was 9.84. The lowest was -12.42. And the median was -2.09.


Aurora Cannabis  (NAS:ACB) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Aurora Cannabis Altman Z-Score Related Terms


Aurora Cannabis Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Aurora Cannabis's Altman Z-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.

Aurora Cannabis Altman Z-Score Chart

Aurora Cannabis Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 -11.21 -9.23 -8.60 -12.30

Aurora Cannabis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 -8.60 -9.05 -9.64 -10.03 -12.30

ACB vs ZTS: Altman Z-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aurora Cannabis's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Aurora Cannabis Altman Z-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aurora Cannabis's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Aurora Cannabis's Altman Z-Score falls into.


ACB
63GF Score
Aurora Cannabis Inc ACB
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aurora Cannabis Altman Z-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.

Aurora Cannabis's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.5499+1.4*-10.7171+3.3*-0.0905+0.6*2.7088+1.0*0.5319
=-12.49

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $438.1 Mil.
Total Current Assets was $289.7 Mil.
Total Current Liabilities was $48.8 Mil.
Retained Earnings was $-4,695.3 Mil.
Pre-Tax Income was 8.319 + -1.145 + -33.956 + -14.182 = $-41.0 Mil.
Interest Expense was 3.13 + -1.527 + -1.606 + -1.299 = $-1.3 Mil.
Revenue was 27.706 + 68.279 + 65.322 + 71.717 = $233.0 Mil.
Market Cap (Today) was $176.2 Mil.
Total Liabilities was $65.1 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
=(289.689 - 48.783)/438.11
=0.5499

X2=Retained Earnings/Total Assets
=-4695.268/438.11
=-10.7171

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-40.964 - -1.302)/438.11
=-0.0905

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=176.219/65.055
=2.7088

X5=Revenue/Total Assets
=233.024/438.11
=0.5319

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Aurora Cannabis has a Altman Z-Score of -12.49 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of -12.49 mean?
Aurora Cannabis (ACB) has a Altman Z-Score of -12.49 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aurora Cannabis and its competitors. According to the industry distribution chart, Aurora Cannabis ranks #915 out of 952 companies in the Drug Manufacturers industry, placing it in the top 96.1%.
Is Aurora Cannabis' Altman Z-Score too high?
Aurora Cannabis' current Altman Z-Score is -12.49. Based on the distribution chart, Aurora Cannabis ranks #915 out of 952 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Aurora Cannabis has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aurora Cannabis' Altman Z-Score compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Aurora Cannabis ranks #915 out of 952 companies for Altman Z-Score. This places Aurora Cannabis in the lower half of its industry. The industry median Altman Z-Score is 3.32. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.32, based on 952 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aurora Cannabis and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aurora Cannabis's current Altman Z-Score is -12.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurora Cannabis stock overvalued right now?
Based on GuruFocus' analysis, Aurora Cannabis (ACB) is currently considered Possible Value Trap. The stock's GF Value™ is $4.19, compared to a current price of $2.83 — trading 32.6% below its estimated fair value. The current Altman Z-Score is -12.49. Aurora Cannabis' overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Aurora Cannabis (ACB), the current Altman Z-Score is -12.49 as of Jun. 25, 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.

Is Aurora Cannabis (ACB) Overvalued in 2026?

Based on GuruFocus' analysis, Aurora Cannabis stock appears to be undervalued. The current stock price of $2.83 is trading 32.6% below its estimated GF Value™ of $4.19. GuruFocus considers Aurora Cannabis to be Possible Value Trap.

Key valuation signals for ACB:

  • Altman Z-Score: -12.49
  • GF Value™: $4.19 vs. price of $2.83 (32.6% below fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the ACB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aurora Cannabis Business Description

Address 90B Street SW, Suite 2207, Edmonton, AB, CAN, T6X 1V8
Aurora Cannabis Inc is focused on the production, distribution, and sale of cannabis products in Canada and internationally. The Company conducts the production, distribution, and sale of medical cannabis products and, on a very limited basis, consumer cannabis products in Canada pursuant to the Cannabis Act; the production and distribution of wholesale medical cannabis in the European Union pursuant to the German Medicinal Products Act and German Narcotic Drugs Act; and the distribution of wholesale medical cannabis in various international markets, including Australia and New Zealand. Its segments are Canadian Cannabis CGU, European Cannabis CGU, Australia Cannabis CGU, and New Zealand Cannabis CGU, with Canada generating majority revenue.
63GF Score

Get the complete analysis for ACB

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.83
Price
$4.19
GF Value