ARAI (Arrive AI) Altman Z-Score: -5.88 (As of Jul. 03, 2026)


ARAI Arrive AI Inc ARAI
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What is Arrive AI Altman Z-Score?

Arrive AI ARAI -3.92% 1 Altman Z-Score is -5.88 as of Jul. 03, 2026. GuruFocus rates ARAI with a GF Score™ of 1/100. The stock has 4 warning signs investors should review. Among 2,456 Hardware companies, Arrive AI ranks worse than 97.6% 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 -5.88 is in distress zone. This implies bankruptcy possibility in the next two years.

Arrive AI has a Altman Z-Score of -5.88, 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 Arrive AI's Altman Z-Score or its related term are showing as below:

ARAI' s Altman Z-Score Range Over the Past 10 Years
Min: -5.88   Med: 3.3   Max: 39.88
Current: -5.88

During the past 5 years, Arrive AI's highest Altman Z-Score was 39.88. The lowest was -5.88. And the median was 3.30.


Arrive AI  (NAS:ARAI) 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.


Arrive AI Altman Z-Score Related Terms


Arrive AI Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Arrive AI'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.

Arrive AI Altman Z-Score Chart

Arrive AI Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 0.00 -1.52

Arrive AI Quarterly Data
Dec21 Sep22 Dec22 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 0.00 39.88 8.12 -1.52 -5.43

ARAI vs ASTC, ELSE, AIMD: Altman Z-Score Comparison

For the Scientific & Technical Instruments subindustry, Arrive AI'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.


Arrive AI Altman Z-Score vs Hardware Industry

For the Hardware industry and Technology sector, Arrive AI's Altman Z-Score distribution charts can be found below:

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


ARAI
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Arrive AI Inc ARAI
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Arrive AI 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.

Arrive AI'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*-0.1611+1.4*-2.2669+3.3*-1.0532+0.6*1.5917+1.0*0.0083
=-5.88

* 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 $15.49 Mil.
Total Current Assets was $8.76 Mil.
Total Current Liabilities was $11.26 Mil.
Retained Earnings was $-35.12 Mil.
Pre-Tax Income was -6.37 + -2.732 + -4.427 + -3.689 = $-17.22 Mil.
Interest Expense was -0.494 + -0.035 + -0.372 + -0.002 = $-0.90 Mil.
Revenue was 0.015 + 0.015 + 0.007 + 0.091 = $0.13 Mil.
Market Cap (Today) was $20.49 Mil.
Total Liabilities was $12.87 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
=(8.762 - 11.257)/15.491
=-0.1611

X2=Retained Earnings/Total Assets
=-35.117/15.491
=-2.2669

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-17.218 - -0.903)/15.491
=-1.0532

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=20.490/12.873
=1.5917

X5=Revenue/Total Assets
=0.128/15.491
=0.0083

The zones of discrimination were as such:

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

Arrive AI has a Altman Z-Score of -5.88 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 -5.88 mean?
Arrive AI (ARAI) has a Altman Z-Score of -5.88 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Arrive AI and its competitors. According to the industry distribution chart, Arrive AI ranks #2397 out of 2456 companies in the Hardware industry, placing it in the top 97.6%.
Is Arrive AI's Altman Z-Score too high?
Arrive AI's current Altman Z-Score is -5.88. Based on the distribution chart, Arrive AI ranks #2397 out of 2456 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Arrive AI has a GF Score™ of 1/100, reflecting its overall financial health beyond just this single metric.
How does Arrive AI's Altman Z-Score compare to ASTC and ELSE?
According to the Hardware industry distribution chart, Arrive AI ranks #2397 out of 2456 companies for Altman Z-Score. This places Arrive AI in the lower half of its industry. The industry median Altman Z-Score is 3.59. 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.59, based on 2,456 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 Arrive AI and its competitors. For the Hardware industry, the median Altman Z-Score is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arrive AI's current Altman Z-Score is -5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arrive AI stock overvalued right now?
Arrive AI (ARAI) has a current Altman Z-Score of -5.88. The current Altman Z-Score is -5.88. Arrive AI's overall GF Score™ is 1/100 with 4 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 Arrive AI (ARAI), the current Altman Z-Score is -5.88 as of Jul. 03, 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.

Arrive AI Business Description

Address 9100 Fall View Drive, Fishers, IN, USA, 46037
Arrive AI Inc is a technology company. Its patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered mailbox-whether by drone, ground robot, or human courier. The platform provides real-time tracking, smart logistics alerts, and advance chain-of-custody controls to support shippers, delivery services, and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots, and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting, and security systems to streamline the entire last-mile delivery experience.
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