CBIO (Crescent Biopharma) Altman Z-Score: 15.64 (As of Jul. 02, 2026) — 50% Above Median


CBIO Crescent Biopharma Inc CBIO
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What is Crescent Biopharma Altman Z-Score?

Crescent Biopharma CBIO -5.11% 10 Altman Z-Score is 15.64 as of Jul. 02, 2026, which is 50% above its 10-year median of 10.42. GuruFocus rates CBIO with a GF Score™ of 10/100. The stock has 2 warning signs investors should review. Among 927 Biotechnology companies, Crescent Biopharma ranks better than 85.54% 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 16.63 is strong.

Crescent Biopharma has a Altman Z-Score of 15.64, 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 Crescent Biopharma's Altman Z-Score or its related term are showing as below:

CBIO' s Altman Z-Score Range Over the Past 10 Years
Min: 3.8   Med: 10.42   Max: 17.03
Current: 16.63

During the past 2 years, Crescent Biopharma's highest Altman Z-Score was 17.03. The lowest was 3.80. And the median was 10.42.


Crescent Biopharma  (NAS:CBIO) 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.


Crescent Biopharma Altman Z-Score Related Terms


Crescent Biopharma Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Crescent Biopharma'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.

Crescent Biopharma Altman Z-Score Chart

Crescent Biopharma Annual Data
Trend Dec24 Dec25
Altman Z-Score
0.00 3.80

Crescent Biopharma Quarterly Data
Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 0.00 3.80 17.03

CBIO vs KYTX, ZURA, ARVN: Altman Z-Score Comparison

For the Biotechnology subindustry, Crescent Biopharma'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.


Crescent Biopharma Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Crescent Biopharma's Altman Z-Score distribution charts can be found below:

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


CBIO
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Crescent Biopharma Inc CBIO
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Crescent Biopharma 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.

Crescent Biopharma'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*0.9108+1.4*-0.9797+3.3*-0.7985+0.6*30.8171+1.0*0.0597
=15.64

* 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 $199.13 Mil.
Total Current Assets was $195.56 Mil.
Total Current Liabilities was $14.19 Mil.
Retained Earnings was $-195.09 Mil.
Pre-Tax Income was -23.283 + -90.397 + -24.607 + -21.79 = $-160.08 Mil.
Interest Expense was 0 + 0 + 0 + -1.073 = $-1.07 Mil.
Revenue was 1.039 + 10.844 + 0 + 0 = $11.88 Mil.
Market Cap (Today) was $470.98 Mil.
Total Liabilities was $15.28 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
=(195.563 - 14.193)/199.13
=0.9108

X2=Retained Earnings/Total Assets
=-195.092/199.13
=-0.9797

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-160.077 - -1.073)/199.13
=-0.7985

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=470.978/15.283
=30.8171

X5=Revenue/Total Assets
=11.883/199.13
=0.0597

The zones of discrimination were as such:

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

Crescent Biopharma has a Altman Z-Score of 15.64 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 15.64 mean?
Crescent Biopharma (CBIO) has a Altman Z-Score of 15.64 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Crescent Biopharma and its competitors. This is 50% above median its historical median of 10.42. Over the past decade, Crescent Biopharma's Altman Z-Score has ranged from 3.80 to 17.03. According to the industry distribution chart, Crescent Biopharma ranks #134 out of 927 companies in the Biotechnology industry, placing it in the top 14.5%.
Is Crescent Biopharma's Altman Z-Score too high?
Crescent Biopharma's current Altman Z-Score of 15.64 is 50% above median its 10-year median of 10.42. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 17.03. The Biotechnology industry median Altman Z-Score is 2.58. Crescent Biopharma's value of 15.64 is 506.2% above this industry median. Based on the distribution chart, Crescent Biopharma ranks #134 out of 927 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Crescent Biopharma has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Crescent Biopharma's Altman Z-Score compare to KYTX and ZURA?
According to the Biotechnology industry distribution chart, Crescent Biopharma ranks #134 out of 927 companies for Altman Z-Score. This places Crescent Biopharma in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.58. Crescent Biopharma's value of 15.64 is 506.2% above this benchmark. Historically, Crescent Biopharma's own Altman Z-Score has ranged from 3.80 to 17.03 over the past decade. While the company's 10-year median is 10.42 vs. the industry median of 2.58, Crescent Biopharma 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.58, based on 927 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. Crescent Biopharma's current Altman Z-Score of 15.64 is 506.2% 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 Crescent Biopharma and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crescent Biopharma's current Altman Z-Score is 15.64, which is 50% above median its own 10-year median of 10.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crescent Biopharma stock overvalued right now?
Crescent Biopharma (CBIO) has a current Altman Z-Score of 15.64. The current Altman Z-Score is 15.64, which is 50% above median its 10-year median of 10.42 and 506.2% above the Biotechnology industry median of 2.58. Crescent Biopharma's overall GF Score™ is 10/100 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 Crescent Biopharma (CBIO), the current Altman Z-Score is 15.64 as of Jul. 02, 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.

Crescent Biopharma Business Description

Other Exchanges C68:Germany
Address 300 Fifth Avenue, Waltham, MA, USA, 02451
Crescent Biopharma Inc is a biopharmaceutical company developing novel therapeutics to treat solid tumors, led by CR-001, a proprietary anti-PD-1/anti-VEGF bispecific antibody. Crescent's pipeline product CR-001 has the potential to deliver improved clinical efficacy and safety over pembrolizumab. CR-001 is a new molecular entity designed to replicate the functional properties of ivonescimab, a cooperative bispecific anti-PD-1/anti-VEGF antibody in development by Akeso Biopharma and Summit Therapeutics that delivered improved efficacy in a head-to-head Phase 3 clinical trial versus Keytruda in non-small cell lung cancer. The company focuses on advancing its second and third programs, CR-002 and CR-003, which are antibody drug conjugates (ADCs) against validated oncology targets.
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