Virtual Global Education (BOM:534741) Altman Z-Score: 2.26 (As of Jul. 05, 2026) — 28% Above Median


BOM:534741 Virtual Global Education Ltd BOM:534741
32 GF Score
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What is Virtual Global Education Altman Z-Score?

Virtual Global Education BOM:534741 -3.92% 32 Altman Z-Score is 2.26 as of Jul. 05, 2026, which is 28% above its 10-year median of 1.77. GuruFocus rates BOM:534741 with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 250 Education companies, Virtual Global Education ranks worse than 51.2% 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 2.26 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Virtual Global Education has a Altman Z-Score of 2.26, indicating it is in Grey Zones. This implies that Virtual Global Education is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Virtual Global Education's Altman Z-Score or its related term are showing as below:

BOM:534741' s Altman Z-Score Range Over the Past 10 Years
Min: 0.64   Med: 1.77   Max: 19.43
Current: 2.26

During the past 13 years, Virtual Global Education's highest Altman Z-Score was 19.43. The lowest was 0.64. And the median was 1.77.


Virtual Global Education  (BOM:534741) 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.


Virtual Global Education Altman Z-Score Related Terms


Virtual Global Education Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Virtual Global Education'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.

Virtual Global Education Altman Z-Score Chart

Virtual Global Education Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 1.46 0.00 0.00 2.07

Virtual Global Education Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1.69 1.56 2.07

BOM:534741 vs EDU, TAL, LAUR: Altman Z-Score Comparison

For the Education & Training Services subindustry, Virtual Global Education'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.


Virtual Global Education Altman Z-Score vs Education Industry

For the Education industry and Consumer Defensive sector, Virtual Global Education's Altman Z-Score distribution charts can be found below:

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


BOM:534741
32GF Score
Virtual Global Education Ltd BOM:534741
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Virtual Global Education 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.

Virtual Global Education'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*0.3466+1.4*0+3.3*-0.0038+0.6*3.0869+1.0*0.0022
=2.26

* 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 ₹840.55 Mil.
Total Current Assets was ₹331.95 Mil.
Total Current Liabilities was ₹40.64 Mil.
Retained Earnings was ₹0.00 Mil.
Pre-Tax Income was -2.148 + 0.463 + -1.565 + 0.025 = ₹-3.23 Mil.
Interest Expense was 0 + 0 + 0 + 0 = ₹0.00 Mil.
Revenue was 0 + 0 + 1.841 + 0 = ₹1.84 Mil.
Market Cap (Today) was ₹277.42 Mil.
Total Liabilities was ₹89.87 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
=(331.948 - 40.639)/840.553
=0.3466

X2=Retained Earnings/Total Assets
=0/840.553
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.225 - 0)/840.553
=-0.0038

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=277.420/89.871
=3.0869

X5=Revenue/Total Assets
=1.841/840.553
=0.0022

The zones of discrimination were as such:

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

Virtual Global Education has a Altman Z-Score of 2.26 indicating it is in Grey 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 2.26 mean?
Virtual Global Education (BOM:534741) has a Altman Z-Score of 2.26 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Virtual Global Education and its competitors. This is 28% above median its historical median of 1.77. Over the past decade, Virtual Global Education's Altman Z-Score has ranged from 0.64 to 19.43. According to the industry distribution chart, Virtual Global Education ranks #128 out of 250 companies in the Education industry, placing it in the top 51.2%.
Is Virtual Global Education's Altman Z-Score too high?
Virtual Global Education's current Altman Z-Score of 2.26 is 28% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 19.43. The Education industry median Altman Z-Score is 2.36. Virtual Global Education's value of 2.26 is 4% below this industry median. Based on the distribution chart, Virtual Global Education ranks #128 out of 250 companies in the Education industry, which is below the industry midpoint. Overall, Virtual Global Education has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Virtual Global Education's Altman Z-Score compare to EDU and TAL?
According to the Education industry distribution chart, Virtual Global Education ranks #128 out of 250 companies for Altman Z-Score. This places Virtual Global Education in the lower half of its industry. The industry median Altman Z-Score is 2.36. Virtual Global Education's value of 2.26 is 4% below this benchmark. Historically, Virtual Global Education's own Altman Z-Score has ranged from 0.64 to 19.43 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 2.36, Virtual Global Education has consistently been below 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 an Education company?
The median Altman Z-Score among Education companies is 2.36, based on 250 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. Virtual Global Education's current Altman Z-Score of 2.26 is 4% below 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 Virtual Global Education and its competitors. For the Education industry, the median Altman Z-Score is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtual Global Education's current Altman Z-Score is 2.26, which is 28% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtual Global Education stock overvalued right now?
Virtual Global Education (BOM:534741) has a current Altman Z-Score of 2.26. The current Altman Z-Score is 2.26, which is 28% above median its 10-year median of 1.77 and 4% below the Education industry median of 2.36. Virtual Global Education's overall GF Score™ is 32/100 with 3 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 Virtual Global Education (BOM:534741), the current Altman Z-Score is 2.26 as of Jul. 05, 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.

Virtual Global Education Business Description

Address 1007, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, New Delhi, IND, 110034
Virtual Global Education Ltd is engaged in the business of the education and training industry. The company offers various technical and vocational secondary education. Its business areas include skills for schools and colleges, vocational education and training, professional entrepreneurship program, and digital education. In addition, it also offers courses on various skills in telecom, retail, hospitality and tourism, healthcare, security, beauty and wellness, solar power, agriculture, and electronics sectors. The company derives its revenues mainly from skilling and training, and the project is comprised under the Common Norms of the National Skill Development Corporation.
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