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CAZGF (Catapult Group International) Altman Z-Score : 2.79 (As of Apr. 04, 2025)


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What is Catapult Group International Altman Z-Score?

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 3.33 is strong.

Catapult Group International has a Altman Z-Score of 2.79, indicating it is in Grey Zones. This implies that Catapult Group International 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 Catapult Group International's Altman Z-Score or its related term are showing as below:

CAZGF' s Altman Z-Score Range Over the Past 10 Years
Min: -0.39   Med: 2.13   Max: 11.14
Current: 3.33

During the past 9 years, Catapult Group International's highest Altman Z-Score was 11.14. The lowest was -0.39. And the median was 2.13.


Catapult Group International Altman Z-Score Historical Data

The historical data trend for Catapult Group International'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.

* Premium members only.

Catapult Group International Altman Z-Score Chart

Catapult Group International Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23 Mar24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 2.13 1.89 1.35 -0.39 0.74

Catapult Group International Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - -0.39 - 0.74 -

Competitive Comparison of Catapult Group International's Altman Z-Score

For the Scientific & Technical Instruments subindustry, Catapult Group International'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.


Catapult Group International's Altman Z-Score Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Catapult Group International's Altman Z-Score distribution charts can be found below:

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


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Catapult Group International 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.

Catapult Group International'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*-0.1748+1.4*-0.8296+3.3*-0.0787+0.6*6.361+1.0*0.607
=2.79

* 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. 2024:
Total Assets was $164.7 Mil.
Total Current Assets was $28.8 Mil.
Total Current Liabilities was $57.5 Mil.
Retained Earnings was $-136.7 Mil.
Pre-Tax Income was $-16.0 Mil.
Interest Expense was $-3.0 Mil.
Revenue was $100.0 Mil.
Market Cap (Today) was $549.1 Mil.
Total Liabilities was $86.3 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
=(28.757 - 57.549)/164.748
=-0.1748

X2=Retained Earnings/Total Assets
=-136.668/164.748
=-0.8296

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-16.007 - -3.039)/164.748
=-0.0787

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=549.112/86.325
=6.361

X5=Revenue/Total Assets
=100.004/164.748
=0.607

The zones of discrimination were as such:

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

Catapult Group International has a Altman Z-Score of 2.79 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.


Catapult Group International  (OTCPK:CAZGF) 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.


Catapult Group International Altman Z-Score Related Terms

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Catapult Group International Business Description

Traded in Other Exchanges
Address
630 Church Street, Level 2, Richmond, VIC, AUS, 3121
Catapult Group International Ltd is a sports data and analytics company. Its principal activities include the sale of wearables subscriptions, wearable units, and hardware, the rendering of software services, and content licensing; all related to sports. The company's three main operating segments are Performance & Health, Tactics & Coaching, Media & Other. Maximum revenue is derived from the Performance & Health segment, which involves designing, developing, and supplying wearable technology and athlete monitoring software solutions to sports teams, athletes, & the prosumer market. Geographically, it derives key revenue from the EMEA ( Europe, Middle East, and Africa) region, and the rest from the USA, Asia Pacific, Australia, and other areas.