Seacrest Petroleo Bermuda (CHIX:SEAPTO) Altman Z-Score: -0.43 (As of Jun. 28, 2026)


CHIX:SEAPTO Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
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Price kr4.93
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What is Seacrest Petroleo Bermuda Altman Z-Score?

Seacrest Petroleo Bermuda CHIX:SEAPTO 6 Altman Z-Score is -0.43 as of Jun. 28, 2026. GuruFocus rates CHIX:SEAPTO with a GF Score™ of 6/100.

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.

Seacrest Petroleo Bermuda has a Altman Z-Score of -0.43, 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 Seacrest Petroleo Bermuda's Altman Z-Score or its related term are showing as below:


Seacrest Petroleo Bermuda  (CHIX:SEAPTo) 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.


Seacrest Petroleo Bermuda Altman Z-Score Related Terms


Seacrest Petroleo Bermuda Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda Altman Z-Score Chart

Seacrest Petroleo Bermuda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Altman Z-Score
0.00 0.00 0.00 0.00 -0.12

Seacrest Petroleo Bermuda Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -0.45 -0.12 -0.29 -0.30 -0.43

CHIX:SEAPTO vs COP, EOG, OXY: Altman Z-Score Comparison

For the Oil & Gas E&P subindustry, Seacrest Petroleo Bermuda'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.


Seacrest Petroleo Bermuda Altman Z-Score vs Oil & Gas Industry

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

* The bar in red indicates where Seacrest Petroleo Bermuda's Altman Z-Score falls into.


CHIX:SEAPTO
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Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Seacrest Petroleo Bermuda 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.

Seacrest Petroleo Bermuda'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*-0.1438+1.4*-0.3534+3.3*-0.0106+0.6*0.0101+1.0*0.2616
=-0.43

* 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 Sep. 2024:
Total Assets was kr8,082 Mil.
Total Current Assets was kr989 Mil.
Total Current Liabilities was kr2,152 Mil.
Retained Earnings was kr-2,856 Mil.
Pre-Tax Income was -379.227 + -225.269 + -242.327 + -26.943 = kr-874 Mil.
Interest Expense was -141.355 + -144.125 + -211.053 + -291.343 = kr-788 Mil.
Revenue was 442.984 + 501.27 + 488.093 + 682.156 = kr2,115 Mil.
Market Cap (Today) was kr77 Mil.
Total Liabilities was kr7,600 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
=(989.325 - 2151.799)/8081.844
=-0.1438

X2=Retained Earnings/Total Assets
=-2856.481/8081.844
=-0.3534

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-873.766 - -787.876)/8081.844
=-0.0106

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=77.000/7600.428
=0.0101

X5=Revenue/Total Assets
=2114.503/8081.844
=0.2616

The zones of discrimination were as such:

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

Seacrest Petroleo Bermuda has a Altman Z-Score of -0.43 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 -0.43 mean?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a Altman Z-Score of -0.43 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Seacrest Petroleo Bermuda and its competitors.
Is Seacrest Petroleo Bermuda's Altman Z-Score too high?
Seacrest Petroleo Bermuda's current Altman Z-Score is -0.43. Overall, Seacrest Petroleo Bermuda has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Seacrest Petroleo Bermuda's Altman Z-Score compare to COP and EOG?
Seacrest Petroleo Bermuda's Altman Z-Score of -0.43 can be compared against companies in the Oil & Gas industry. The industry median Altman Z-Score is 1.90. 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 1.90, based on 900 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. 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 Seacrest Petroleo Bermuda and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seacrest Petroleo Bermuda's current Altman Z-Score is -0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seacrest Petroleo Bermuda stock overvalued right now?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a current Altman Z-Score of -0.43. The current Altman Z-Score is -0.43. Seacrest Petroleo Bermuda's overall GF Score™ is 6/100. 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 Seacrest Petroleo Bermuda (CHIX:SEAPTO), the current Altman Z-Score is -0.43 as of Jun. 28, 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.

Seacrest Petroleo Bermuda Business Description

Industry EnergyOil & Gas
Address 99 Front Street, Hamilton, BMU, HM 12
Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).
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