Cryogenic Ogs (BOM:544440) Altman Z-Score: 27.43 (As of Aug. 14, 2026) — 96% Above Median

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BOM:544440 Cryogenic Ogs Ltd BOM:544440
21 GF Score
Price ₹348.85
! 3 Warning Signs
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What is Cryogenic Ogs Altman Z-Score?

Cryogenic Ogs BOM:544440 -1.45% 21 Altman Z-Score is 27.43 as of Aug. 14, 2026, which is 96% above its 10-year median of 14.02. GuruFocus rates BOM:544440 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 907 Oil & Gas companies, Cryogenic Ogs ranks better than 97.91% 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 26.95 is strong.

Cryogenic Ogs has a Altman Z-Score of 27.43, 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 Cryogenic Ogs's Altman Z-Score or its related term are showing as below:

BOM:544440' s Altman Z-Score Range Over the Past 10 Years
Min: 14.02   Med: 14.02   Max: 26.95
Current: 26.95

During the past 4 years, Cryogenic Ogs's highest Altman Z-Score was 26.95. The lowest was 14.02. And the median was 14.02.


Cryogenic Ogs  (BOM:544440) 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.


Cryogenic Ogs Altman Z-Score Related Terms


Cryogenic Ogs Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Cryogenic Ogs'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.

Cryogenic Ogs Altman Z-Score Chart

Cryogenic Ogs Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 14.02

Cryogenic Ogs Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 14.02

BOM:544440 vs SLB, BKR, FTI: Altman Z-Score Comparison

For the Oil & Gas Equipment & Services subindustry, Cryogenic Ogs'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.


Cryogenic Ogs Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cryogenic Ogs's Altman Z-Score distribution charts can be found below:

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


BOM:544440
21GF Score
Cryogenic Ogs Ltd BOM:544440
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Cryogenic Ogs 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.

Cryogenic Ogs'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*0.6446+1.4*0.4297+3.3*0.2037+0.6*41.2871+1.0*0.6118
=27.43

* 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 ₹667.2 Mil.
Total Current Assets was ₹465.0 Mil.
Total Current Liabilities was ₹35.0 Mil.
Retained Earnings was ₹286.7 Mil.
Pre-Tax Income was ₹134.9 Mil.
Interest Expense was ₹-1.0 Mil.
Revenue was ₹408.2 Mil.
Market Cap (Today) was ₹4,981.6 Mil.
Total Liabilities was ₹120.7 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
=(465.027 - 34.974)/667.175
=0.6446

X2=Retained Earnings/Total Assets
=286.687/667.175
=0.4297

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(134.918 - -1.013)/667.175
=0.2037

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4981.578/120.657
=41.2871

X5=Revenue/Total Assets
=408.189/667.175
=0.6118

The zones of discrimination were as such:

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

Cryogenic Ogs has a Altman Z-Score of 27.43 indicating it is in Safe 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 27.43 mean?
Cryogenic Ogs (BOM:544440) has a Altman Z-Score of 27.43 as of Aug. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cryogenic Ogs and its competitors. This is 96% above median its historical median of 14.02. Over the past decade, Cryogenic Ogs' Altman Z-Score has ranged from 14.02 to 26.95. According to the industry distribution chart, Cryogenic Ogs ranks #19 out of 907 companies in the Oil & Gas industry, placing it in the top 2.1%.
Is Cryogenic Ogs' Altman Z-Score too high?
Cryogenic Ogs' current Altman Z-Score of 27.43 is 96% above median its 10-year median of 14.02. Over the past 10 years, this metric has ranged from a low of 14.02 to a high of 26.95. The Oil & Gas industry median Altman Z-Score is 1.96. Cryogenic Ogs' value of 27.43 is 1299.5% above this industry median. Based on the distribution chart, Cryogenic Ogs ranks #19 out of 907 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Cryogenic Ogs has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Cryogenic Ogs' Altman Z-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Cryogenic Ogs ranks #19 out of 907 companies for Altman Z-Score. This places Cryogenic Ogs in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.96. Cryogenic Ogs' value of 27.43 is 1299.5% above this benchmark. Historically, Cryogenic Ogs' own Altman Z-Score has ranged from 14.02 to 26.95 over the past decade. While the company's 10-year median is 14.02 vs. the industry median of 1.96, Cryogenic Ogs 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.96, based on 907 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. Cryogenic Ogs's current Altman Z-Score of 27.43 is 1299.5% 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 Cryogenic Ogs and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cryogenic Ogs's current Altman Z-Score is 27.43, which is 96% above median its own 10-year median of 14.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cryogenic Ogs stock overvalued right now?
Cryogenic Ogs (BOM:544440) has a current Altman Z-Score of 27.43. The current Altman Z-Score is 27.43, which is 96% above median its 10-year median of 14.02 and 1299.5% above the Oil & Gas industry median of 1.96. Cryogenic Ogs' overall GF Score™ is 21/100 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 Cryogenic Ogs (BOM:544440), the current Altman Z-Score is 27.43 as of Aug. 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.

Cryogenic Ogs Business Description

Industry EnergyOil & Gas
Address 60, 61, 62, 63 POR Industrial Park, Behind Sahyog Hotel, POR, Vadodara, GJ, IND, 391243
Cryogenic Ogs Ltd provides high-quality measurement and filtration equipment and systems by fabrication and assembling for various sectors like oil, gas, chemicals and allied fluid industry. Focused on inventive and tailored services, for oil, gas, chemicals and allied fluid industry, It provides customized solutions to meet the specific needs of its customers. Its comprehensive solutions include design, process engineering and manufacturing including fabrication, assembly and testing facilities. Its products include Basket Strainers, Air Eliminators, Prover Tanks, Additive Dosing Skid, and Truck Loading/Tank Wagon Loading Skid.
21GF Score

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