Acrux (ARUXF) Altman Z-Score: -26.12 (As of Jun. 26, 2026)


What is Acrux Altman Z-Score?

Acrux ARUXF Altman Z-Score is -26.12 as of Jun. 26, 2026. The stock has 6 warning signs investors should review. Among 934 Biotechnology companies, Acrux ranks worse than 94.22% 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 -26.06 is in distress zone. This implies bankruptcy possibility in the next two years.

Acrux has a Altman Z-Score of -26.12, 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 Acrux's Altman Z-Score or its related term are showing as below:

ARUXF' s Altman Z-Score Range Over the Past 10 Years
Min: -26.18   Med: -3.62   Max: 8.47
Current: -26.06

During the past 13 years, Acrux's highest Altman Z-Score was 8.47. The lowest was -26.18. And the median was -3.62.


Acrux  (OTCPK:ARUXF) 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.


Acrux Altman Z-Score Related Terms


Acrux Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Acrux'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.

Acrux Altman Z-Score Chart

Acrux Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.57 -10.95 -9.22 -17.85 -26.18

Acrux Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 -17.85 0.00 -26.18 0.00

ARUXF vs VRTX, REGN, ALNY: Altman Z-Score Comparison

For the Biotechnology subindustry, Acrux'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.


Acrux Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Acrux's Altman Z-Score distribution charts can be found below:

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



Acrux 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.

Acrux'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*0.0446+1.4*-17.4707+3.3*-0.7798+0.6*1.1595+1.0*0.1648
=-26.12

* 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 Jun. 2025:
Total Assets was $4.70 Mil.
Total Current Assets was $3.13 Mil.
Total Current Liabilities was $2.92 Mil.
Retained Earnings was $-82.18 Mil.
Pre-Tax Income was $-3.87 Mil.
Interest Expense was $-0.20 Mil.
Revenue was $0.78 Mil.
Market Cap (Today) was $4.68 Mil.
Total Liabilities was $4.04 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
=(3.127 - 2.917)/4.704
=0.0446

X2=Retained Earnings/Total Assets
=-82.182/4.704
=-17.4707

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.865 - -0.197)/4.704
=-0.7798

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4.682/4.038
=1.1595

X5=Revenue/Total Assets
=0.775/4.704
=0.1648

The zones of discrimination were as such:

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

Acrux has a Altman Z-Score of -26.12 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 -26.12 mean?
Acrux (ARUXF) has a Altman Z-Score of -26.12 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Acrux and its competitors. According to the industry distribution chart, Acrux ranks #880 out of 934 companies in the Biotechnology industry, placing it in the top 94.2%.
Is Acrux's Altman Z-Score too high?
Acrux's current Altman Z-Score is -26.12. Based on the distribution chart, Acrux ranks #880 out of 934 companies in the Biotechnology industry, which is in the bottom quartile relative to peers.
How does Acrux's Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Acrux ranks #880 out of 934 companies for Altman Z-Score. This places Acrux in the lower half of its industry. The industry median Altman Z-Score is 2.63. 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.63, based on 934 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 Acrux and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acrux's current Altman Z-Score is -26.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acrux stock overvalued right now?
Based on GuruFocus' analysis, Acrux (ARUXF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.03, compared to a current price of $0.02 — trading 43.7% below its estimated fair value. The current Altman Z-Score is -26.12. 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 Acrux (ARUXF), the current Altman Z-Score is -26.12 as of Jun. 26, 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.

Acrux Business Description

Other Exchanges FJY:GermanyACR:Australia
Address 103-113 Stanley Street, West Melbourne, Melbourne, VIC, AUS, 3003
Acrux Ltd is a dynamic Australian drug delivery specialist with expertise in developing and commercialising patient-preferred healthcare products for world-wide markets. Its talent creates value through the development and commercialisation of healthcare products using owned or acquired technologies. The group's products are patient preferred, protected by patent or other means, and use creative drug delivery.