HIND (Vyome Holdings) Altman Z-Score: -11.01 (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HIND Vyome Holdings Inc HIND
11 GF Score
Price $1.99
! 2 Warning Signs
View Full Analysis

What is Vyome Holdings Altman Z-Score?

Vyome Holdings HIND -0.50% 11 Altman Z-Score is -11.01 as of Jul. 29, 2026. GuruFocus rates HIND with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 928 Biotechnology companies, Vyome Holdings ranks worse than 88.79% 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.

Warning Sign:

Altman Z-score of -11.01 is in distress zone. This implies bankruptcy possibility in the next two years.

Vyome Holdings has a Altman Z-Score of -11.01, 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 Vyome Holdings's Altman Z-Score or its related term are showing as below:

HIND' s Altman Z-Score Range Over the Past 10 Years
Min: -19.1   Med: -15.45   Max: -10.69
Current: -11.01

During the past 4 years, Vyome Holdings's highest Altman Z-Score was -10.69. The lowest was -19.10. And the median was -15.45.


Vyome Holdings  (NAS:HIND) 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.


Vyome Holdings Altman Z-Score Related Terms


Vyome Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Vyome Holdings'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.

Vyome Holdings Altman Z-Score Chart

Vyome Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 -19.10

Vyome Holdings Quarterly Data
Dec22 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -15.45 -19.10 -10.69

HIND vs CTXR, MBRX, AKTX: Altman Z-Score Comparison

For the Biotechnology subindustry, Vyome Holdings'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.


Vyome Holdings Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vyome Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Vyome Holdings's Altman Z-Score falls into.


HIND
11GF Score
Vyome Holdings Inc HIND
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vyome Holdings 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.

Vyome Holdings'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*0.6892+1.4*-8.6918+3.3*-1.0878+0.6*6.5145+1.0*0.0151
=-11.01

* 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 Mar. 2026:
Total Assets was $10.19 Mil.
Total Current Assets was $9.16 Mil.
Total Current Liabilities was $2.14 Mil.
Retained Earnings was $-88.53 Mil.
Pre-Tax Income was -0.986 + -1.28 + -8.595 + -0.309 = $-11.17 Mil.
Interest Expense was -0.003 + -0.01 + -0.026 + -0.052 = $-0.09 Mil.
Revenue was 0.032 + 0.037 + 0.035 + 0.05 = $0.15 Mil.
Market Cap (Today) was $13.97 Mil.
Total Liabilities was $2.14 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
=(9.163 - 2.144)/10.185
=0.6892

X2=Retained Earnings/Total Assets
=-88.526/10.185
=-8.6918

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-11.17 - -0.091)/10.185
=-1.0878

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13.967/2.144
=6.5145

X5=Revenue/Total Assets
=0.154/10.185
=0.0151

The zones of discrimination were as such:

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

Vyome Holdings has a Altman Z-Score of -11.01 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 -11.01 mean?
Vyome Holdings (HIND) has a Altman Z-Score of -11.01 as of Jul. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Vyome Holdings and its competitors. According to the industry distribution chart, Vyome Holdings ranks #824 out of 928 companies in the Biotechnology industry, placing it in the top 88.8%.
Is Vyome Holdings' Altman Z-Score too high?
Vyome Holdings' current Altman Z-Score is -11.01. Based on the distribution chart, Vyome Holdings ranks #824 out of 928 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Vyome Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Vyome Holdings' Altman Z-Score compare to CTXR and MBRX?
According to the Biotechnology industry distribution chart, Vyome Holdings ranks #824 out of 928 companies for Altman Z-Score. This places Vyome Holdings in the lower half of its industry. The industry median Altman Z-Score is 2.44. 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.44, based on 928 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 Vyome Holdings and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vyome Holdings's current Altman Z-Score is -11.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vyome Holdings stock overvalued right now?
Vyome Holdings (HIND) has a current Altman Z-Score of -11.01. The current Altman Z-Score is -11.01. Vyome Holdings' overall GF Score™ is 11/100 with 2 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 Vyome Holdings (HIND), the current Altman Z-Score is -11.01 as of Jul. 29, 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.

Vyome Holdings Business Description

Address Harvard Square, Suite 400, One Mifflin Place, Cambridge, MA, USA, 02138
Vyome Holdings Inc is a clinical-stage specialty pharmaceutical company working to treat immune-inflammatory and rare diseases of unmet need with next-generation therapeutic solutions. Its product candidates are: VT-1953, a topical gel that is being developed to treat signs and symptoms of malignant fungating wounds in cancer; VT-1908, a repurposed immune modulator to treat steroid-sparing anterior uveitis; and VB1953, which is being developed to treat moderate to severe acne. Vyome has also commercialized two novel reformulated topical anti-fungal products based on the technology platform of Molecular Replacement Therapeutics (MRT) in India: a dandruff lotion and shampoo. It operates in two segments: pharmaceutical products, which generate the maximum revenue, and biotechnology.
11GF Score

Get the complete analysis for HIND

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.99
Price