IGLDF (Golden Energy Power) Altman Z-Score: -8.91 (As of Jun. 25, 2026)


IGLDF Golden Energy Power Ltd IGLDF
16 GF Score
Price $1.97
! 8 Warning Signs
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What is Golden Energy Power Altman Z-Score?

Golden Energy Power IGLDF 16 Altman Z-Score is -8.91 as of Jun. 25, 2026. GuruFocus rates IGLDF with a GF Score™ of 16/100. The stock has 8 warning signs investors should review. Among 366 Telecommunication Services companies, Golden Energy Power ranks worse than 96.99% 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 -8.91 is in distress zone. This implies bankruptcy possibility in the next two years.

Golden Energy Power has a Altman Z-Score of -8.91, 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 Golden Energy Power's Altman Z-Score or its related term are showing as below:

IGLDF' s Altman Z-Score Range Over the Past 10 Years
Min: -8.91   Med: 0.8   Max: 28.31
Current: -8.91

During the past 13 years, Golden Energy Power's highest Altman Z-Score was 28.31. The lowest was -8.91. And the median was 0.80.


Golden Energy Power  (OTCPK:IGLDF) 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.


Golden Energy Power Altman Z-Score Related Terms


Golden Energy Power Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Golden Energy 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.

Golden Energy Power Altman Z-Score Chart

Golden Energy Power Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -5.16

Golden Energy Power Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Dec19 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 -5.16

IGLDF vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Golden Energy 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.


Golden Energy Power Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Golden Energy Power's Altman Z-Score distribution charts can be found below:

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


IGLDF
16GF Score
Golden Energy Power Ltd IGLDF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Energy Power 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.

Golden Energy Power'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*-0.2359+1.4*-3.1185+3.3*-1.6077+0.6*0.7269+1.0*0.6075
=-8.91

* 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 Dec. 2025:
Total Assets was $8.06 Mil.
Total Current Assets was $3.77 Mil.
Total Current Liabilities was $5.67 Mil.
Retained Earnings was $-25.13 Mil.
Pre-Tax Income was $-13.35 Mil.
Interest Expense was $-0.39 Mil.
Revenue was $4.90 Mil.
Market Cap (Today) was $4.43 Mil.
Total Liabilities was $6.09 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
=(3.771 - 5.672)/8.058
=-0.2359

X2=Retained Earnings/Total Assets
=-25.129/8.058
=-3.1185

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-13.347 - -0.392)/8.058
=-1.6077

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4.427/6.09
=0.7269

X5=Revenue/Total Assets
=4.895/8.058
=0.6075

The zones of discrimination were as such:

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

Golden Energy Power has a Altman Z-Score of -8.91 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 -8.91 mean?
Golden Energy Power (IGLDF) has a Altman Z-Score of -8.91 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Golden Energy Power and its competitors. According to the industry distribution chart, Golden Energy Power ranks #355 out of 366 companies in the Telecommunication Services industry, placing it in the top 97%.
Is Golden Energy Power's Altman Z-Score too high?
Golden Energy Power's current Altman Z-Score is -8.91. Based on the distribution chart, Golden Energy Power ranks #355 out of 366 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Golden Energy Power has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Golden Energy Power's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Golden Energy Power ranks #355 out of 366 companies for Altman Z-Score. This places Golden Energy Power in the lower half of its industry. The industry median Altman Z-Score is 1.72. 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.72, based on 366 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 Golden Energy Power and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Energy Power's current Altman Z-Score is -8.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Energy Power stock overvalued right now?
Golden Energy Power (IGLDF) has a current Altman Z-Score of -8.91. The current Altman Z-Score is -8.91. Golden Energy Power's overall GF Score™ is 16/100 with 8 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 Golden Energy Power (IGLDF), the current Altman Z-Score is -8.91 as of Jun. 25, 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.

Golden Energy Power Business Description

Other Exchanges GLDE:Israel
Address 2 Dov Friedman Street, Ramat Gan, ISR, 5250301
Golden Energy Power Ltd formerly Internet Gold-Golden Lines Ltd is communications group in Israel. The company's principal subsidiary is B Communications, through which it owns the controlling interest in Bezeq which is a telecommunications service provider. Bezeq mainly provides communications services in Israel offering a broad range of telecommunications operations and services, including domestic fixed-line, cellular and international communication services, Internet services, multi-channel television, television and radio broadcasts, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures. It also provides communications services to other communications providers and the supply and maintenance of equipment on customer premises.
16GF Score

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