Cross Timbers Royalty TrustCRT -0.88%56 Altman Z-Score is 26.06 as of Jul. 01, 2026, which is 21% below its 10-year median of 33.06. GuruFocus rates CRT with a GF Score™ of 56/100 and a GF Value™ of $5.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 898 Oil & Gas companies, Cross Timbers Royalty Trust ranks better than 98.11% 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 26.25 is strong.
Cross Timbers Royalty Trust has a Altman Z-Score of 26.06, 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 Cross Timbers Royalty Trust's Altman Z-Score or its related term are showing as below:
CRT'
s Altman Z-Score Range Over the Past 10 Years
Min: 16.14 Med: 33.06 Max: 68.02
Current: 26.25
During the past 13 years, Cross Timbers Royalty Trust's highest Altman Z-Score was 68.02. The lowest was 16.14. And the median was 33.06.
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.
* 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.
For the Oil & Gas E&P subindustry, Cross Timbers Royalty Trust'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.
Cross Timbers Royalty Trust Altman Z-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cross Timbers Royalty Trust's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Cross Timbers Royalty Trust's Altman Z-Score falls into.
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.
* 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.
Cross Timbers Royalty Trust (CRT) has a Altman Z-Score of 26.06 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cross Timbers Royalty Trust and its competitors. This is 21% below median its historical median of 33.06. Over the past decade, Cross Timbers Royalty Trust's Altman Z-Score has ranged from 16.14 to 68.02. According to the industry distribution chart, Cross Timbers Royalty Trust ranks #17 out of 898 companies in the Oil & Gas industry, placing it in the top 1.9%.
Is Cross Timbers Royalty Trust's Altman Z-Score too high?
Cross Timbers Royalty Trust's current Altman Z-Score of 26.06 is 21% below median its 10-year median of 33.06. Over the past 10 years, this metric has ranged from a low of 16.14 to a high of 68.02. The Oil & Gas industry median Altman Z-Score is 1.89. Cross Timbers Royalty Trust's value of 26.06 is 1278.8% above this industry median. Based on the distribution chart, Cross Timbers Royalty Trust ranks #17 out of 898 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Cross Timbers Royalty Trust has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cross Timbers Royalty Trust's Altman Z-Score compare to BSIN and PVL?
According to the Oil & Gas industry distribution chart, Cross Timbers Royalty Trust ranks #17 out of 898 companies for Altman Z-Score. This places Cross Timbers Royalty Trust in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.89. Cross Timbers Royalty Trust's value of 26.06 is 1278.8% above this benchmark. Historically, Cross Timbers Royalty Trust's own Altman Z-Score has ranged from 16.14 to 68.02 over the past decade. While the company's 10-year median is 33.06 vs. the industry median of 1.89, Cross Timbers Royalty Trust 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.89, based on 898 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. Cross Timbers Royalty Trust's current Altman Z-Score of 26.06 is 1278.8% 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 Cross Timbers Royalty Trust and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Timbers Royalty Trust's current Altman Z-Score is 26.06, which is 21% below median its own 10-year median of 33.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Timbers Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, Cross Timbers Royalty Trust (CRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.99, compared to a current price of $8.96 — trading 49.6% above its estimated fair value. The current Altman Z-Score is 26.06, which is 21% below median its 10-year median of 33.06 and 1278.8% above the Oil & Gas industry median of 1.89. Cross Timbers Royalty Trust's overall GF Score™ is 56/100 with 4 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 Cross Timbers Royalty Trust (CRT), the current Altman Z-Score is 26.06 as of Jul. 01, 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.
Is Cross Timbers Royalty Trust (CRT) Overvalued in 2026?
Based on GuruFocus' analysis, Cross Timbers Royalty Trust stock appears to be overvalued.
The current stock price of $8.96 is trading 49.6% above its estimated GF Value™ of $5.99.
GuruFocus considers Cross Timbers Royalty Trust to be Significantly Overvalued.
Key valuation signals for CRT:
Altman Z-Score: 26.06 (21% below median its 10-year median of 33.06)
GF Value™: $5.99 vs. price of $8.96 (49.6% above fair value)
Industry Position: 1278.8% above the Oil & Gas median (#17 of 898)
No single metric tells the full story. See the CRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cross Timbers Royalty Trust is a United States-based trust. The net profits interests are derived from producing royalty, overriding royalty interests, and working interest properties. The underlying properties of the trust include producing properties in Texas, Oklahoma, and New Mexico.
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