Vinyl GroupJAXAF +25.00% Altman Z-Score is 3.00 as of Jun. 25, 2026. The stock has 1 warning sign investors should review. Among 2,763 Software companies, Vinyl Group ranks better than 55.12% 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 3.53 is strong.
Vinyl Group has a Altman Z-Score of 3.00, 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 Vinyl Group's Altman Z-Score or its related term are showing as below:
JAXAF'
s Altman Z-Score Range Over the Past 10 Years
Min: -15.71 Med: -5.39 Max: 11.4
Current: 3.53
During the past 13 years, Vinyl Group's highest Altman Z-Score was 11.40. The lowest was -15.71. And the median was -5.39.
Vinyl Group (OTCPK:JAXAF) 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.
Vinyl Group Altman Z-Score Related Terms
Vinyl Group Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Vinyl Group'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.
JAXAF vs CRM, SHOP, UBER: Altman Z-Score Comparison
For the Software - Application subindustry, Vinyl Group'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.
Vinyl Group Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Vinyl Group's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Vinyl Group'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.
Vinyl Group'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
*
0.0527
+
1.4
*
-3.7938
+
3.3
*
-0.6706
+
0.6
*
16.397
+
1.0
*
0.6203
=
3.00
* 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.
Vinyl Group (JAXAF) has a Altman Z-Score of 3.00 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Vinyl Group and its competitors. According to the industry distribution chart, Vinyl Group ranks #1240 out of 2763 companies in the Software industry, placing it in the top 44.9%.
Is Vinyl Group's Altman Z-Score too high?
Vinyl Group's current Altman Z-Score is 3.00. The Software industry median Altman Z-Score is 3.13. Vinyl Group's value of 3.00 is 4.2% below this industry median. Based on the distribution chart, Vinyl Group ranks #1240 out of 2763 companies in the Software industry, which is above the industry midpoint.
How does Vinyl Group's Altman Z-Score compare to CRM and SHOP?
According to the Software industry distribution chart, Vinyl Group ranks #1240 out of 2763 companies for Altman Z-Score. This puts Vinyl Group in the upper half of its industry. The industry median Altman Z-Score is 3.13. Vinyl Group's value of 3.00 is 4.2% below 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 a Software company?
The median Altman Z-Score among Software companies is 3.13, based on 2,763 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. Vinyl Group's current Altman Z-Score of 3.00 is 4.2% 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 Vinyl Group and its competitors. For the Software industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinyl Group's current Altman Z-Score is 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinyl Group stock overvalued right now?
Based on GuruFocus' analysis, Vinyl Group (JAXAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.13, compared to a current price of $0.05 — trading 61.5% below its estimated fair value. The current Altman Z-Score is 3.00 and 4.2% below the Software industry median of 3.13. 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 Vinyl Group (JAXAF), the current Altman Z-Score is 3.00 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.
Vinyl Group Ltd Formerly Jaxsta Ltd is a music technology company that carries on music database. It has developed an online platform named Jaxsta to hold official music metadata. Its database consists of official music information and is built to meet the needs of music professionals and enthusiasts seeking a comprehensive and authenticated source of music data. The company uses " Big Data" technology to ingest and translate information sourced directly from official channels including record labels, music publishers, royalty agencies and industry associations onto its Jaxsta platform ensuring optimum accuracy and reliability.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JAXAF has been successfully added to your 