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 0.27 is in distress zone. This implies bankruptcy possibility in the next two years.
Green Impact Partners has a Altman Z-Score of 0.27, 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 Green Impact Partners's Altman Z-Score or its related term are showing as below:
GIPIF'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.27 Med: 1.59 Max: 4.73
Current: 0.27
During the past 5 years, Green Impact Partners's highest Altman Z-Score was 4.73. The lowest was 0.27. And the median was 1.59.
Green Impact Partners (OTCPK:GIPIF) 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.
Altman Z-Score does not apply to financial companies.
Green Impact Partners Altman Z-Score Related Terms
Green Impact Partners Altman Z-Score Historical Data
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The historical data trend for Green Impact Partners'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.
For the Waste Management subindustry, Green Impact Partners'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.
Green Impact Partners Altman Z-Score vs Waste Management Industry
For the Waste Management industry and Industrials sector, Green Impact Partners's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Green Impact Partners'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.
Green Impact Partners (GIPIF) has a Altman Z-Score of 0.27 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Green Impact Partners and its competitors. This is 83% below median its historical median of 1.59. Over the past decade, Green Impact Partners' Altman Z-Score has ranged from 0.27 to 4.73.
Is Green Impact Partners' Altman Z-Score too high?
Green Impact Partners' current Altman Z-Score of 0.27 is 83% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 4.73. The Waste Management industry median Altman Z-Score is 2.00. Green Impact Partners' value of 0.27 is 86.5% below this industry median. Overall, Green Impact Partners has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Green Impact Partners' Altman Z-Score compare to WM and RSG?
Green Impact Partners' Altman Z-Score of 0.27 can be compared against companies in the Waste Management industry. The industry median Altman Z-Score is 2.00. Green Impact Partners' value of 0.27 is 86.5% below this benchmark. Historically, Green Impact Partners' own Altman Z-Score has ranged from 0.27 to 4.73 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 2.00, Green Impact Partners 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 2.00, based on 238 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. Green Impact Partners's current Altman Z-Score of 0.27 is 86.5% 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 Green Impact Partners and its competitors. For the Waste Management industry, the median Altman Z-Score is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Impact Partners's current Altman Z-Score is 0.27, which is 83% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Impact Partners stock overvalued right now?
Green Impact Partners (GIPIF) has a current Altman Z-Score of 0.27. The stock's GF Value™ is $2.81, compared to a current price of $2.25 — trading 19.9% below its estimated fair value. The current Altman Z-Score is 0.27, which is 83% below median its 10-year median of 1.59 and 86.5% below the Waste Management industry median of 2.00. Green Impact Partners' overall GF Score™ is 51/100 with 6 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 Green Impact Partners (GIPIF), the current Altman Z-Score is 0.27 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.
Is Green Impact Partners (GIPIF) Overvalued in 2026?
Based on GuruFocus' analysis, Green Impact Partners stock appears to be undervalued.
The current stock price of $2.25 is trading 19.9% below its estimated GF Value™ of $2.81.
Key valuation signals for GIPIF:
Altman Z-Score: 0.27 (83% below median its 10-year median of 1.59)
GF Value™: $2.81 vs. price of $2.25 (19.9% below fair value)
Industry Position: 86.5% below the Waste Management median
No single metric tells the full story. See the GIPIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Green Impact Partners Inc is a clean energy company with an operating portfolio of water and solids treatment and recycling facilities in North America. The company also has a portfolio of renewable natural gas and clean energy development projects. Its services include water and solids recycling management, disposal services, and energy product optimization services. Its operating segments are Water & Solids Recycling & Energy Product Optimization and Clean Energy Production. Its core focus is that GIP has an infrastructure network located throughout western Canada and the United States that includes wastewater, hydrocarbon processing, disposal facilities, industrial landfill, recycling facilities, oil and water gathering pipelines, and oil terminals.
51GF Score
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