Ava Risk GroupASX:AVA -5.41% Altman Z-Score is -0.02 as of Jun. 26, 2026. The stock has 3 warning signs investors should review. Among 1,060 Business Services companies, Ava Risk Group ranks worse than 92.45% 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 0.03 is in distress zone. This implies bankruptcy possibility in the next two years.
Ava Risk Group has a Altman Z-Score of -0.02, 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 Ava Risk Group's Altman Z-Score or its related term are showing as below:
ASX:AVA'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.03 Med: 3.05 Max: 7.27
Current: 0.03
During the past 11 years, Ava Risk Group's highest Altman Z-Score was 7.27. The lowest was 0.03. And the median was 3.05.
Ava Risk Group (ASX:AVA) 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.
Altman Z-Score does not apply to financial companies.
Ava Risk Group Altman Z-Score Related Terms
Ava Risk Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Ava Risk Group'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.
ASX:AVA vs ALLE, MSA, ADT: Altman Z-Score Comparison
For the Security & Protection Services subindustry, Ava Risk Group'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.
Ava Risk Group Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Ava Risk Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Ava Risk Group'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.
Ava Risk Group'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
*
0.4573
+
1.4
*
-1.2052
+
3.3
*
-0.2333
+
0.6
*
1.3712
+
1.0
*
1.0675
=
-0.02
* 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.
Ava Risk Group (ASX:AVA) has a Altman Z-Score of -0.02 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ava Risk Group and its competitors. Over the past decade, Ava Risk Group's Altman Z-Score has ranged from 0.03 to 7.27. According to the industry distribution chart, Ava Risk Group ranks #980 out of 1060 companies in the Business Services industry, placing it in the top 92.5%.
Is Ava Risk Group's Altman Z-Score too high?
Ava Risk Group's current Altman Z-Score is -0.02. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 7.27. Based on the distribution chart, Ava Risk Group ranks #980 out of 1060 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Ava Risk Group's Altman Z-Score compare to ALLE and MSA?
According to the Business Services industry distribution chart, Ava Risk Group ranks #980 out of 1060 companies for Altman Z-Score. This places Ava Risk Group in the lower half of its industry. The industry median Altman Z-Score is 2.97. Historically, Ava Risk Group's own Altman Z-Score has ranged from 0.03 to 7.27 over the past decade. 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 2.97, based on 1,060 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 Ava Risk Group and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ava Risk Group's current Altman Z-Score is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ava Risk Group stock overvalued right now?
Based on GuruFocus' analysis, Ava Risk Group (ASX:AVA) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.15, compared to a current price of A$0.04 — trading 76.7% below its estimated fair value. The current Altman Z-Score is -0.02. 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 Ava Risk Group (ASX:AVA), the current Altman Z-Score is -0.02 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.
Ava Risk Group Ltd specializes in risk management services and technologies. The Group operates in three segments: Detect, Access, and Illuminate. It offers a variety of integrated solutions, including intrusion detection and location services for perimeters, pipelines, and data networks, biometric and card access control, and secure international logistics for high-value valuables, precious metals, and currency. Its geographic presence includes Australia, Asia Pacific, India, the Middle East & North Africa, Europe, the United States, and other parts of the world.
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