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EUBG (Entrepreneur Universe Bright Group) Altman Z-Score : 260.77 (As of Dec. 11, 2024)


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What is Entrepreneur Universe Bright Group 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 260.77 is strong.

Entrepreneur Universe Bright Group has a Altman Z-Score of 260.77, 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 Entrepreneur Universe Bright Group's Altman Z-Score or its related term are showing as below:

EUBG' s Altman Z-Score Range Over the Past 10 Years
Min: 210.01   Med: 288.65   Max: 445.78
Current: 260.77

During the past 4 years, Entrepreneur Universe Bright Group's highest Altman Z-Score was 445.78. The lowest was 210.01. And the median was 288.65.


Entrepreneur Universe Bright Group Altman Z-Score Historical Data

The historical data trend for Entrepreneur Universe Bright Group'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.

Entrepreneur Universe Bright Group Altman Z-Score Chart

Entrepreneur Universe Bright Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Altman Z-Score
- 345.45 268.93 399.30

Entrepreneur Universe Bright Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only 445.78 399.30 409.98 301.47 298.98

Competitive Comparison of Entrepreneur Universe Bright Group's Altman Z-Score

For the Consulting Services subindustry, Entrepreneur Universe Bright Group'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.


Entrepreneur Universe Bright Group's Altman Z-Score Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Entrepreneur Universe Bright Group's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Entrepreneur Universe Bright Group's Altman Z-Score falls into.



Entrepreneur Universe Bright Group 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.

Entrepreneur Universe Bright Group'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*0.9171+1.4*0.1665+3.3*0.3526+0.6*429.4046+1.0*0.6293
=260.77

* 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 $9.27 Mil.
Total Current Assets was $9.08 Mil.
Total Current Liabilities was $0.58 Mil.
Retained Earnings was $1.54 Mil.
Pre-Tax Income was 1.118 + 0.635 + 0.671 + 0.845 = $3.27 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 1.67 + 1.264 + 1.26 + 1.641 = $5.84 Mil.
Market Cap (Today) was $355.55 Mil.
Total Liabilities was $0.83 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
=(9.078 - 0.575)/9.272
=0.9171

X2=Retained Earnings/Total Assets
=1.544/9.272
=0.1665

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3.269 - 0)/9.272
=0.3526

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=355.547/0.828
=429.4046

X5=Revenue/Total Assets
=5.835/9.272
=0.6293

The zones of discrimination were as such:

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

Entrepreneur Universe Bright Group has a Altman Z-Score of 260.77 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.


Entrepreneur Universe Bright Group  (OTCPK:EUBG) 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.


Entrepreneur Universe Bright Group Altman Z-Score Related Terms

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Entrepreneur Universe Bright Group Business Description

Traded in Other Exchanges
N/A
Address
No. 170, Weiyang Road, Suite 907, Saigao City Plaza Building 2, Xi’an, CHN
Entrepreneur Universe Bright Group is mainly engaged in provision of digital marketing consultation services and digital training related services in China. The company generates the majority of its revenues by providing consulting services to its clients.
Executives
Glory Honor Holding Co., Ltd 10 percent owner RM 907, ENTERPRISE HEADQUARTERS BLDG, BLDG 2, SAIGAO CITY PLAZA,170 WEIYANG RD, XI'AN F4 710000
Tethys Fountain Ltd. 10 percent owner 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Guolin Tao director, 10 percent owner, officer: CEO, CFO, SECRETARY 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Lijun Yuan director 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Jianyong Li director 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Dominique Einhorn director, 10 percent owner, officer: President
Michelle Quinlan 10 percent owner 8343 E EARLL DR, SCOTTSDALE AZ 85251