Hydrograph Clean PowerHGRAF -5.09%28 Altman Z-Score is 286.13 as of Jul. 05, 2026, which is 1278% above its 10-year median of 20.76. GuruFocus rates HGRAF with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 1,561 Chemicals companies, Hydrograph Clean Power ranks better than 99.81% 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 264.63 is strong.
Hydrograph Clean Power has a Altman Z-Score of 286.13, 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 Hydrograph Clean Power's Altman Z-Score or its related term are showing as below:
HGRAF'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.51 Med: 20.76 Max: 410.87
Current: 264.63
During the past 6 years, Hydrograph Clean Power's highest Altman Z-Score was 410.87. The lowest was 0.51. And the median was 20.76.
Hydrograph Clean Power (OTCPK:HGRAF) 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.
Hydrograph Clean Power Altman Z-Score Related Terms
Hydrograph Clean Power Altman Z-Score Historical Data
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The historical data trend for Hydrograph Clean Power'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 Specialty Chemicals subindustry, Hydrograph Clean Power'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.
Hydrograph Clean Power Altman Z-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hydrograph Clean Power's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Hydrograph Clean Power'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.
Hydrograph Clean Power (HGRAF) has a Altman Z-Score of 286.13 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hydrograph Clean Power and its competitors. This is 1278% above median its historical median of 20.76. Over the past decade, Hydrograph Clean Power's Altman Z-Score has ranged from 0.51 to 410.87. According to the industry distribution chart, Hydrograph Clean Power ranks #3 out of 1561 companies in the Chemicals industry, placing it in the top 0.2%.
Is Hydrograph Clean Power's Altman Z-Score too high?
Hydrograph Clean Power's current Altman Z-Score of 286.13 is 1278% above median its 10-year median of 20.76. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 410.87. The Chemicals industry median Altman Z-Score is 3.18. Hydrograph Clean Power's value of 286.13 is 8897.8% above this industry median. Based on the distribution chart, Hydrograph Clean Power ranks #3 out of 1561 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hydrograph Clean Power has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Hydrograph Clean Power's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hydrograph Clean Power ranks #3 out of 1561 companies for Altman Z-Score. This places Hydrograph Clean Power in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.18. Hydrograph Clean Power's value of 286.13 is 8897.8% above this benchmark. Historically, Hydrograph Clean Power's own Altman Z-Score has ranged from 0.51 to 410.87 over the past decade. While the company's 10-year median is 20.76 vs. the industry median of 3.18, Hydrograph Clean Power 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 a Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.18, based on 1,561 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. Hydrograph Clean Power's current Altman Z-Score of 286.13 is 8897.8% 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 Hydrograph Clean Power and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrograph Clean Power's current Altman Z-Score is 286.13, which is 1278% above median its own 10-year median of 20.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrograph Clean Power stock overvalued right now?
Hydrograph Clean Power (HGRAF) has a current Altman Z-Score of 286.13. The current Altman Z-Score is 286.13, which is 1278% above median its 10-year median of 20.76 and 8897.8% above the Chemicals industry median of 3.18. Hydrograph Clean Power's overall GF Score™ is 28/100 with 1 warning sign 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 Hydrograph Clean Power (HGRAF), the current Altman Z-Score is 286.13 as of Jul. 05, 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.
Hydrograph Clean Power Inc is engaged in the acquisition and development of graphene and hydrogen-related products and services. The company's products include Fractal graphene and Reactive Graphene.
28GF Score
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