Heidmar Maritime HoldingsHMR -6.14%17 Altman Z-Score is 0.98 as of Jul. 13, 2026, which is 15% above its 10-year median of 0.85. GuruFocus rates HMR with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 995 Transportation companies, Heidmar Maritime Holdings ranks worse than 82.31% 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 0.98 is in distress zone. This implies bankruptcy possibility in the next two years.
Heidmar Maritime Holdings has a Altman Z-Score of 0.98, 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 Heidmar Maritime Holdings's Altman Z-Score or its related term are showing as below:
HMR'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.83 Med: 0.85 Max: 5.83
Current: 0.98
During the past 4 years, Heidmar Maritime Holdings's highest Altman Z-Score was 5.83. The lowest was 0.83. And the median was 0.85.
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.
HMR vs EDRY, GLBS, HTCO: Altman Z-Score Comparison
For the Marine Shipping subindustry, Heidmar Maritime 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.
Heidmar Maritime Holdings Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Heidmar Maritime Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Heidmar Maritime Holdings'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.
Heidmar Maritime Holdings (HMR) has a Altman Z-Score of 0.98 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Heidmar Maritime Holdings and its competitors. This is 15% above median its historical median of 0.85. Over the past decade, Heidmar Maritime Holdings' Altman Z-Score has ranged from 0.83 to 5.83. According to the industry distribution chart, Heidmar Maritime Holdings ranks #819 out of 995 companies in the Transportation industry, placing it in the top 82.3%.
Is Heidmar Maritime Holdings' Altman Z-Score too high?
Heidmar Maritime Holdings' current Altman Z-Score of 0.98 is 15% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 5.83. The Transportation industry median Altman Z-Score is 2.26. Heidmar Maritime Holdings' value of 0.98 is 56.6% below this industry median. Based on the distribution chart, Heidmar Maritime Holdings ranks #819 out of 995 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Heidmar Maritime Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Heidmar Maritime Holdings' Altman Z-Score compare to EDRY and GLBS?
According to the Transportation industry distribution chart, Heidmar Maritime Holdings ranks #819 out of 995 companies for Altman Z-Score. This places Heidmar Maritime Holdings in the lower half of its industry. The industry median Altman Z-Score is 2.26. Heidmar Maritime Holdings' value of 0.98 is 56.6% below this benchmark. Historically, Heidmar Maritime Holdings' own Altman Z-Score has ranged from 0.83 to 5.83 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 2.26, Heidmar Maritime Holdings 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.26, based on 995 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. Heidmar Maritime Holdings's current Altman Z-Score of 0.98 is 56.6% 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 Heidmar Maritime Holdings and its competitors. For the Transportation industry, the median Altman Z-Score is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heidmar Maritime Holdings's current Altman Z-Score is 0.98, which is 15% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heidmar Maritime Holdings stock overvalued right now?
Heidmar Maritime Holdings (HMR) has a current Altman Z-Score of 0.98. The current Altman Z-Score is 0.98, which is 15% above median its 10-year median of 0.85 and 56.6% below the Transportation industry median of 2.26. Heidmar Maritime Holdings' overall GF Score™ is 17/100 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 Heidmar Maritime Holdings (HMR), the current Altman Z-Score is 0.98 as of Jul. 13, 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.
Heidmar Maritime Holdings Corp is a commercial and technical management company that operates tanker and dry-bulk vessel pools. The group, along with its subsidiaries, operates as a growing tanker pool company engaged in the commercial management and chartering of crude oil and refined petroleum product tankers. Its lines of business currently include asset management, tanker pooling, commercial and time charters, assisting clients with the buying and selling of ships, and technical management services for individual vessels, which include assistance in technical operations and crewing of the vessel. Its geographic areas are Singapore, the USA, the Marshall Islands, the United Arab Emirates, Germany, Switzerland, and Other.
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