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Rich Sparkle HoldingsANPA +5.02%23 Altman Z-Score is 15.54 as of Jul. 14, 2026, which is 80% below its 10-year median of 79.54. GuruFocus rates ANPA with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 1,062 Business Services companies, Rich Sparkle Holdings ranks better than 94.26% 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.
Good Sign:
Altman Z-score of 14.87 is strong.
Rich Sparkle Holdings has a Altman Z-Score of 15.54, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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 Rich Sparkle Holdings's Altman Z-Score or its related term are showing as below:
ANPA'
s Altman Z-Score Range Over the Past 10 Years
Min: 14.87 Med: 79.54 Max: 79.54
Current: 14.87
During the past 4 years, Rich Sparkle Holdings's highest Altman Z-Score was 79.54. The lowest was 14.87. And the median was 79.54.
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.
Altman Z-Score does not apply to financial companies.
Rich Sparkle Holdings Altman Z-Score Related Terms
Rich Sparkle Holdings Altman Z-Score Historical Data
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The historical data trend for Rich Sparkle 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.
ANPA vs WFCF, DLHC, TISI: Altman Z-Score Comparison
For the Specialty Business Services subindustry, Rich Sparkle 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.
Rich Sparkle Holdings Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Rich Sparkle Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Rich Sparkle Holdings's Altman Z-Score falls into.
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.
* 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.
Rich Sparkle Holdings (ANPA) has a Altman Z-Score of 15.54 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Rich Sparkle Holdings and its competitors. This is 80% below median its historical median of 79.54. Over the past decade, Rich Sparkle Holdings' Altman Z-Score has ranged from 14.87 to 79.54. According to the industry distribution chart, Rich Sparkle Holdings ranks #61 out of 1062 companies in the Business Services industry, placing it in the top 5.7%.
Is Rich Sparkle Holdings' Altman Z-Score too high?
Rich Sparkle Holdings' current Altman Z-Score of 15.54 is 80% below median its 10-year median of 79.54. Over the past 10 years, this metric has ranged from a low of 14.87 to a high of 79.54. The Business Services industry median Altman Z-Score is 2.96. Rich Sparkle Holdings' value of 15.54 is 425.9% above this industry median. Based on the distribution chart, Rich Sparkle Holdings ranks #61 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Rich Sparkle Holdings has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Rich Sparkle Holdings' Altman Z-Score compare to WFCF and DLHC?
According to the Business Services industry distribution chart, Rich Sparkle Holdings ranks #61 out of 1062 companies for Altman Z-Score. This places Rich Sparkle Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.96. Rich Sparkle Holdings' value of 15.54 is 425.9% above this benchmark. Historically, Rich Sparkle Holdings' own Altman Z-Score has ranged from 14.87 to 79.54 over the past decade. While the company's 10-year median is 79.54 vs. the industry median of 2.96, Rich Sparkle Holdings has consistently been above 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 Z-Score for a Business Services company?
The median Altman Z-Score among Business Services companies is 2.96, based on 1,062 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. Rich Sparkle Holdings's current Altman Z-Score of 15.54 is 425.9% above 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 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 Rich Sparkle Holdings and its competitors. For the Business Services industry, the median Altman Z-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rich Sparkle Holdings's current Altman Z-Score is 15.54, which is 80% below median its own 10-year median of 79.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rich Sparkle Holdings stock overvalued right now?
Rich Sparkle Holdings (ANPA) has a current Altman Z-Score of 15.54. The current Altman Z-Score is 15.54, which is 80% below median its 10-year median of 79.54 and 425.9% above the Business Services industry median of 2.96. Rich Sparkle Holdings' overall GF Score™ is 23/100 with 1 warning sign 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 Rich Sparkle Holdings (ANPA), the current Altman Z-Score is 15.54 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.
Rich Sparkle Holdings Ltd is a holding company conducting its operations as a professional specialist in the provision of financial printing services such as printing, typesetting and translation, advisory services including Environmental, Social and Governance (ESG) and internal control reporting services and other services including standalone annual general meeting and extraordinary general meeting supporting service and other standalone services, through its sole operating subsidiary in Hong Kong. Its segments include Financial printing services such as printing, typesetting and translation, Advisory services including Environmental, Social and Governance Report and Other services.
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