Hyorc (HYOR) Altman Z-Score: 94.32 (As of Jul. 30, 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.

What is Hyorc Altman Z-Score?

Hyorc HYOR -8.16% Altman Z-Score is 94.32 as of Jul. 30, 2026. The stock has 2 warning signs investors should review. Among 3,005 Industrial Products companies, Hyorc ranks better than 99.73% 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 104.87 is strong.

Hyorc has a Altman Z-Score of 94.32, 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 Hyorc's Altman Z-Score or its related term are showing as below:

HYOR' s Altman Z-Score Range Over the Past 10 Years
Min: -9077.31   Med: -1455.33   Max: 2490.72
Current: 104.87

During the past 13 years, Hyorc's highest Altman Z-Score was 2490.72. The lowest was -9077.31. And the median was -1455.33.


Hyorc  (OTCPK:HYOR) 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.


Hyorc Altman Z-Score Related Terms


Hyorc Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hyorc'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.

Hyorc Altman Z-Score Chart

Hyorc Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,026.79 -11,903.66 0.00 121.08 2,490.72

Hyorc Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2,058.60 1,805.77 2,490.72 146.95

HYOR vs OPTT, SPPL, CVV: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Hyorc'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.


Hyorc Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hyorc's Altman Z-Score distribution charts can be found below:

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



Hyorc 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.

Hyorc'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*-0.002+1.4*-0.4051+3.3*-0.028+0.6*158.293+1.0*0.0027
=94.32

* 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 $21.85 Mil.
Total Current Assets was $0.17 Mil.
Total Current Liabilities was $0.22 Mil.
Retained Earnings was $-8.85 Mil.
Pre-Tax Income was -0.085 + -0.383 + -0.054 + -0.091 = $-0.61 Mil.
Interest Expense was 0 + 0 + 0 + -0.001 = $-0.00 Mil.
Revenue was 0 + 0.059 + 0 + 0 = $0.06 Mil.
Market Cap (Today) was $34.03 Mil.
Total Liabilities was $0.22 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
=(0.171 - 0.215)/21.851
=-0.002

X2=Retained Earnings/Total Assets
=-8.852/21.851
=-0.4051

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.613 - -0.001)/21.851
=-0.028

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=34.033/0.215
=158.293

X5=Revenue/Total Assets
=0.059/21.851
=0.0027

The zones of discrimination were as such:

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

Hyorc has a Altman Z-Score of 94.32 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.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 94.32 mean?
Hyorc (HYOR) has a Altman Z-Score of 94.32 as of Jul. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hyorc and its competitors. According to the industry distribution chart, Hyorc ranks #8 out of 3005 companies in the Industrial Products industry, placing it in the top 0.3%.
Is Hyorc's Altman Z-Score too high?
Hyorc's current Altman Z-Score is 94.32. The Industrial Products industry median Altman Z-Score is 3.20. Hyorc's value of 94.32 is 2847.5% above this industry median. Based on the distribution chart, Hyorc ranks #8 out of 3005 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Hyorc's Altman Z-Score compare to OPTT and SPPL?
According to the Industrial Products industry distribution chart, Hyorc ranks #8 out of 3005 companies for Altman Z-Score. This places Hyorc in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.20. Hyorc's value of 94.32 is 2847.5% above this benchmark. 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.20, based on 3,005 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. Hyorc's current Altman Z-Score of 94.32 is 2847.5% 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 Hyorc and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyorc's current Altman Z-Score is 94.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyorc stock overvalued right now?
Hyorc (HYOR) has a current Altman Z-Score of 94.32. The current Altman Z-Score is 94.32 and 2847.5% above the Industrial Products industry median of 3.20. 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 Hyorc (HYOR), the current Altman Z-Score is 94.32 as of Jul. 30, 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.

Hyorc Business Description

Address 3050 Post Oak Boulevard, Suite 510-Q60, Houston, TX, USA, 77056-3020
Hyorc Corp is a clean-energy technology company engaged in the development and commercialization of solutions aimed at decarbonizing industrial power generation and distributed energy systems. The company operates through three primary technology and market verticals: Green Methanol Production, Hydrogen Power Systems, and Hydrogen Locomotive Retrofits. The Green Methanol Production vertical focuses on producing methanol from waste for shipping and fuel blending markets. The Hydrogen Power Systems vertical develops modular hydrogen-fueled external combustion engines integrated with ORC systems for off-grid and pay-as-you-go applications. The Hydrogen Locomotive Retrofits involve converting existing diesel locomotives to operate on hydrogen or natural gas.