CDTG (CDT Environmental Technology Investment Holdings) Altman Z-Score: 0.42 (As of Jun. 24, 2026) — 60% Below Median


CDTG CDT Environmental Technology Investment Holdings Ltd CDTG
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What is CDT Environmental Technology Investment Holdings Altman Z-Score?

CDT Environmental Technology Investment Holdings CDTG -6.82% 31 Altman Z-Score is 0.42 as of Jun. 24, 2026, which is 60% below its 10-year median of 1.06. GuruFocus rates CDTG with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 239 Waste Management companies, CDT Environmental Technology Investment Holdings ranks worse than 86.61% 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 0.42 is in distress zone. This implies bankruptcy possibility in the next two years.

CDT Environmental Technology Investment Holdings has a Altman Z-Score of 0.42, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 CDT Environmental Technology Investment Holdings's Altman Z-Score or its related term are showing as below:

CDTG' s Altman Z-Score Range Over the Past 10 Years
Min: 0.41   Med: 1.06   Max: 1.7
Current: 0.42

During the past 8 years, CDT Environmental Technology Investment Holdings's highest Altman Z-Score was 1.70. The lowest was 0.41. And the median was 1.06.


CDT Environmental Technology Investment Holdings  (NAS:CDTG) 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.


CDT Environmental Technology Investment Holdings Altman Z-Score Related Terms


CDT Environmental Technology Investment Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for CDT Environmental Technology Investment Holdings'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.

CDT Environmental Technology Investment Holdings Altman Z-Score Chart

CDT Environmental Technology Investment Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 1.70 0.41

CDT Environmental Technology Investment Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 1.70 0.00 0.41

CDTG vs AQMS, QRHC, AWX: Altman Z-Score Comparison

For the Waste Management subindustry, CDT Environmental Technology Investment Holdings'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.


CDT Environmental Technology Investment Holdings Altman Z-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, CDT Environmental Technology Investment Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where CDT Environmental Technology Investment Holdings's Altman Z-Score falls into.


CDTG
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CDT Environmental Technology Investment Holdings Ltd CDTG
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CDT Environmental Technology Investment Holdings 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.

CDT Environmental Technology Investment Holdings'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*0.2971+1.4*0.1604+3.3*-0.1298+0.6*0.0956+1.0*0.205
=0.42

* 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 Dec. 2025:
Total Assets was $88.90 Mil.
Total Current Assets was $84.32 Mil.
Total Current Liabilities was $57.91 Mil.
Retained Earnings was $14.26 Mil.
Pre-Tax Income was $-11.63 Mil.
Interest Expense was $-0.09 Mil.
Revenue was $18.23 Mil.
Market Cap (Today) was $5.57 Mil.
Total Liabilities was $58.26 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
=(84.317 - 57.907)/88.904
=0.2971

X2=Retained Earnings/Total Assets
=14.258/88.904
=0.1604

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-11.632 - -0.091)/88.904
=-0.1298

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5.571/58.264
=0.0956

X5=Revenue/Total Assets
=18.226/88.904
=0.205

The zones of discrimination were as such:

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

CDT Environmental Technology Investment Holdings has a Altman Z-Score of 0.42 indicating it is in Distress 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 0.42 mean?
CDT Environmental Technology Investment Holdings (CDTG) has a Altman Z-Score of 0.42 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CDT Environmental Technology Investment Holdings and its competitors. This is 60% below median its historical median of 1.06. Over the past decade, CDT Environmental Technology Investment Holdings' Altman Z-Score has ranged from 0.41 to 1.70. According to the industry distribution chart, CDT Environmental Technology Investment Holdings ranks #207 out of 239 companies in the Waste Management industry, placing it in the top 86.6%.
Is CDT Environmental Technology Investment Holdings' Altman Z-Score too high?
CDT Environmental Technology Investment Holdings' current Altman Z-Score of 0.42 is 60% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.70. The Waste Management industry median Altman Z-Score is 1.94. CDT Environmental Technology Investment Holdings' value of 0.42 is 78.4% below this industry median. Based on the distribution chart, CDT Environmental Technology Investment Holdings ranks #207 out of 239 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, CDT Environmental Technology Investment Holdings has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does CDT Environmental Technology Investment Holdings' Altman Z-Score compare to AQMS and QRHC?
According to the Waste Management industry distribution chart, CDT Environmental Technology Investment Holdings ranks #207 out of 239 companies for Altman Z-Score. This places CDT Environmental Technology Investment Holdings in the lower half of its industry. The industry median Altman Z-Score is 1.94. CDT Environmental Technology Investment Holdings' value of 0.42 is 78.4% below this benchmark. Historically, CDT Environmental Technology Investment Holdings' own Altman Z-Score has ranged from 0.41 to 1.70 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.94, CDT Environmental Technology Investment Holdings 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 a Waste Management company?
The median Altman Z-Score among Waste Management companies is 1.94, based on 239 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. CDT Environmental Technology Investment Holdings's current Altman Z-Score of 0.42 is 78.4% 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 CDT Environmental Technology Investment Holdings and its competitors. For the Waste Management industry, the median Altman Z-Score is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDT Environmental Technology Investment Holdings's current Altman Z-Score is 0.42, which is 60% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDT Environmental Technology Investment Holdings stock overvalued right now?
CDT Environmental Technology Investment Holdings (CDTG) has a current Altman Z-Score of 0.42. The current Altman Z-Score is 0.42, which is 60% below median its 10-year median of 1.06 and 78.4% below the Waste Management industry median of 1.94. CDT Environmental Technology Investment Holdings' overall GF Score™ is 31/100 with 7 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 CDT Environmental Technology Investment Holdings (CDTG), the current Altman Z-Score is 0.42 as of Jun. 24, 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.

CDT Environmental Technology Investment Holdings Business Description

Address No. 8 Kefa Road, C1, 4th Floor, Building 1, Financial Base, Nanshan District, Shenzhen, CHN, 518057
CDT Environmental Technology Investment Holdings Ltd, through its subsidiaries, operates as a waste treatment company. It generates revenue through the design, development, manufacture, sales, installation, operation, and maintenance of sewage treatment systems and by providing sewage treatment services. The Group engages in two business lines: rural sewage treatment and septic tank treatment in both urban and rural areas. For rural sewage treatment, it provides end-to-end rural sewage treatment solutions in China, including system sales, plant construction, installation, and ongoing maintenance for municipal and enterprise clients. For septic tank treatment, it offers on-site, or in-situ, septic tank treatment services with its proprietary systems for different customer segments in China.
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