AHRO (Authentic Holdings) Altman Z-Score: -6.19 (As of Jul. 11, 2026)


What is Authentic Holdings Altman Z-Score?

Authentic Holdings AHRO Altman Z-Score is -6.19 as of Jul. 11, 2026. The stock has 5 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Authentic Holdings ranks worse than 99.22% 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 -6.19 is in distress zone. This implies bankruptcy possibility in the next two years.

Authentic Holdings has a Altman Z-Score of -6.19, 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 Authentic Holdings's Altman Z-Score or its related term are showing as below:

AHRO' s Altman Z-Score Range Over the Past 10 Years
Min: -4694.24   Med: -179.64   Max: -6.06
Current: -6.19

During the past 13 years, Authentic Holdings's highest Altman Z-Score was -6.06. The lowest was -4694.24. And the median was -179.64.


Authentic Holdings  (OTCPK:AHRO) 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.


Authentic Holdings Altman Z-Score Related Terms


Authentic Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Authentic Holdings'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.

Authentic Holdings Altman Z-Score Chart

Authentic Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -149.31 -331.68 0.00 0.00 -14.06

Authentic Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -11.98 -14.06 -15.63 -6.09 -6.06

AHRO vs SKFG, RL, LEVI: Altman Z-Score Comparison

For the Apparel Manufacturing subindustry, Authentic Holdings'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.


Authentic Holdings Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Authentic Holdings's Altman Z-Score distribution charts can be found below:

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



Authentic Holdings 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.

Authentic Holdings'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*-0.5749+1.4*-3.6997+3.3*-0.1482+0.6*0.1933+1.0*0.0532
=-6.19

* 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 Sep. 2025:
Total Assets was $10.93 Mil.
Total Current Assets was $0.12 Mil.
Total Current Liabilities was $6.41 Mil.
Retained Earnings was $-40.44 Mil.
Pre-Tax Income was -0.058 + 0.389 + -1.414 + -0.807 = $-1.89 Mil.
Interest Expense was -0.06 + -0.066 + -0.056 + -0.088 = $-0.27 Mil.
Revenue was 0.098 + 0.097 + 0.153 + 0.234 = $0.58 Mil.
Market Cap (Today) was $1.24 Mil.
Total Liabilities was $6.41 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
=(0.122 - 6.406)/10.931
=-0.5749

X2=Retained Earnings/Total Assets
=-40.441/10.931
=-3.6997

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.89 - -0.27)/10.931
=-0.1482

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1.238/6.406
=0.1933

X5=Revenue/Total Assets
=0.582/10.931
=0.0532

The zones of discrimination were as such:

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

Authentic Holdings has a Altman Z-Score of -6.19 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 -6.19 mean?
Authentic Holdings (AHRO) has a Altman Z-Score of -6.19 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Authentic Holdings and its competitors. According to the industry distribution chart, Authentic Holdings ranks #1018 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 99.2%.
Is Authentic Holdings' Altman Z-Score too high?
Authentic Holdings' current Altman Z-Score is -6.19. Based on the distribution chart, Authentic Holdings ranks #1018 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers.
How does Authentic Holdings' Altman Z-Score compare to SKFG and RL?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Authentic Holdings ranks #1018 out of 1026 companies for Altman Z-Score. This places Authentic Holdings in the lower half of its industry. The industry median Altman Z-Score is 2.55. 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.55, based on 1,026 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 Authentic Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Authentic Holdings's current Altman Z-Score is -6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Authentic Holdings stock overvalued right now?
Authentic Holdings (AHRO) has a current Altman Z-Score of -6.19. The current Altman Z-Score is -6.19. 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 Authentic Holdings (AHRO), the current Altman Z-Score is -6.19 as of Jul. 11, 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.

Authentic Holdings Business Description

Address 55 Madison Avenue, No.400, Morristown, NJ, USA, 07960
Authentic Holdings Inc is a diversified media and merchandising company building a next-generation entertainment ecosystem centered on premium owned content, digital streaming, authentic collectibles, and emerging Web3/digital asset opportunities. The company owns a powerful combination of intellectual property and operational assets that enable multiple revenue streams from the same core content and IP across traditional broadcasting, ad-supported streaming, merchandising, licensing, and digital tokenization.