Essex Marine (BOM:544475) Altman Z-Score: 3.44 (As of Aug. 03, 2026) — 27% Above Median

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BOM:544475 Essex Marine Ltd BOM:544475
42 GF Score
Price ₹40.69
! 2 Warning Signs
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What is Essex Marine Altman Z-Score?

Essex Marine BOM:544475 42 Altman Z-Score is 3.44 as of Aug. 03, 2026, which is 27% above its 10-year median of 2.70. GuruFocus rates BOM:544475 with a GF Score™ of 42/100. The stock has 2 warning signs investors should review. Among 1,931 Consumer Packaged Goods companies, Essex Marine ranks better than 59.4% 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 3.45 is strong.

Essex Marine has a Altman Z-Score of 3.44, 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 Essex Marine's Altman Z-Score or its related term are showing as below:

BOM:544475' s Altman Z-Score Range Over the Past 10 Years
Min: 2.7   Med: 2.7   Max: 3.45
Current: 3.45

During the past 6 years, Essex Marine's highest Altman Z-Score was 3.45. The lowest was 2.70. And the median was 2.70.


Essex Marine  (BOM:544475) 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.


Essex Marine Altman Z-Score Related Terms


Essex Marine Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Essex Marine'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.

Essex Marine Altman Z-Score Chart

Essex Marine Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 2.70

Essex Marine Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 0.00 2.69 2.70

BOM:544475 vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, Essex Marine'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.


Essex Marine Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Essex Marine's Altman Z-Score distribution charts can be found below:

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


BOM:544475
42GF Score
Essex Marine Ltd BOM:544475
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Essex Marine 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.

Essex Marine'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*0.4075+1.4*0+3.3*0.1625+0.6*2.4765+1.0*0.9319
=3.44

* 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 ₹651.3 Mil.
Total Current Assets was ₹366.2 Mil.
Total Current Liabilities was ₹100.8 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹86.6 Mil.
Interest Expense was ₹-19.2 Mil.
Revenue was ₹606.9 Mil.
Market Cap (Today) was ₹621.0 Mil.
Total Liabilities was ₹250.8 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
=(366.245 - 100.834)/651.309
=0.4075

X2=Retained Earnings/Total Assets
=0/651.309
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(86.588 - -19.238)/651.309
=0.1625

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=621.011/250.757
=2.4765

X5=Revenue/Total Assets
=606.926/651.309
=0.9319

The zones of discrimination were as such:

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

Essex Marine has a Altman Z-Score of 3.44 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 3.44 mean?
Essex Marine (BOM:544475) has a Altman Z-Score of 3.44 as of Aug. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Essex Marine and its competitors. This is 27% above median its historical median of 2.70. Over the past decade, Essex Marine's Altman Z-Score has ranged from 2.70 to 3.45. According to the industry distribution chart, Essex Marine ranks #784 out of 1931 companies in the Consumer Packaged Goods industry, placing it in the top 40.6%.
Is Essex Marine's Altman Z-Score too high?
Essex Marine's current Altman Z-Score of 3.44 is 27% above median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 3.45. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Essex Marine's value of 3.44 is 20.7% above this industry median. Based on the distribution chart, Essex Marine ranks #784 out of 1931 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Essex Marine has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Essex Marine's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Essex Marine ranks #784 out of 1931 companies for Altman Z-Score. This puts Essex Marine in the upper half of its industry. The industry median Altman Z-Score is 2.85. Essex Marine's value of 3.44 is 20.7% above this benchmark. Historically, Essex Marine's own Altman Z-Score has ranged from 2.70 to 3.45 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 2.85, Essex Marine 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 a Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, based on 1,931 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. Essex Marine's current Altman Z-Score of 3.44 is 20.7% 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 Essex Marine and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essex Marine's current Altman Z-Score is 3.44, which is 27% above median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essex Marine stock overvalued right now?
Essex Marine (BOM:544475) has a current Altman Z-Score of 3.44. The current Altman Z-Score is 3.44, which is 27% above median its 10-year median of 2.70 and 20.7% above the Consumer Packaged Goods industry median of 2.85. Essex Marine's overall GF Score™ is 42/100 with 2 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 Essex Marine (BOM:544475), the current Altman Z-Score is 3.44 as of Aug. 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.

Essex Marine Business Description

Address 7th Floor, Pollock Street, 19, Room No.7, 7th Floor, West Bengal, Kolkata, WB, IND, 700 001
Essex Marine Ltd is a producer of processed fish and shrimp. Its main processed seafood comprised of different varieties of marine fish and shrimp as well as aquaculture vannamei shrimp. The company export frozen fish and shrimps from India under its brand name Essex. Its majority customers are in China and Europe, which includes food service distributors and warehouse chains.
42GF Score

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