KHOBF (Kheoba) Altman Z-Score: 31.39 (As of Jun. 25, 2026) — 87% Below Median


KHOBF Kheoba Ltd KHOBF
19 GF Score
Price $2.50
! 2 Warning Signs
View Full Analysis

What is Kheoba Altman Z-Score?

Kheoba KHOBF 19 Altman Z-Score is 31.39 as of Jun. 25, 2026, which is 87% below its 10-year median of 247.23. GuruFocus rates KHOBF with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

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 31.39 is strong.

Kheoba has a Altman Z-Score of 31.39, 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 Kheoba's Altman Z-Score or its related term are showing as below:

KHOBF' s Altman Z-Score Range Over the Past 10 Years
Min: 31.39   Med: 247.23   Max: 3228.51
Current: 31.39

During the past 4 years, Kheoba's highest Altman Z-Score was 3228.51. The lowest was 31.39. And the median was 247.23.


Kheoba  (OTCPK:KHOBF) 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.


Kheoba Altman Z-Score Related Terms


Kheoba Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kheoba'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.

Kheoba Altman Z-Score Chart

Kheoba Annual Data
Trend Oct21 Oct22 Oct23 Oct24
Altman Z-Score
0.00 0.00 0.00 375.30

Kheoba Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25
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 0.00 375.30 3,228.51 119.15 31.39

KHOBF vs NTRP, NNAX, ISPO: Altman Z-Score Comparison

For the Software - Infrastructure subindustry, Kheoba'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.


Kheoba Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Kheoba's Altman Z-Score distribution charts can be found below:

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


KHOBF
19GF Score
Kheoba Ltd KHOBF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kheoba 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.

Kheoba'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*0.4372+1.4*0.3827+3.3*0.5273+0.6*46.2929+1.0*0.8164
=31.39

* 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 Jul. 2025:
Total Assets was $0.84 Mil.
Total Current Assets was $0.79 Mil.
Total Current Liabilities was $0.42 Mil.
Retained Earnings was $0.32 Mil.
Pre-Tax Income was 0.24 + 0.231 + -0.018 + -0.008 = $0.45 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 0.355 + 0.325 + 0 + 0.009 = $0.69 Mil.
Market Cap (Today) was $20.23 Mil.
Total Liabilities was $0.44 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
=(0.79 - 0.421)/0.844
=0.4372

X2=Retained Earnings/Total Assets
=0.323/0.844
=0.3827

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.445 - 0)/0.844
=0.5273

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=20.230/0.437
=46.2929

X5=Revenue/Total Assets
=0.689/0.844
=0.8164

The zones of discrimination were as such:

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

Kheoba has a Altman Z-Score of 31.39 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 31.39 mean?
Kheoba (KHOBF) has a Altman Z-Score of 31.39 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kheoba and its competitors. This is 87% below median its historical median of 247.23. Over the past decade, Kheoba's Altman Z-Score has ranged from 31.39 to 3,228.51.
Is Kheoba's Altman Z-Score too high?
Kheoba's current Altman Z-Score of 31.39 is 87% below median its 10-year median of 247.23. Over the past 10 years, this metric has ranged from a low of 31.39 to a high of 3,228.51. The Software industry median Altman Z-Score is 3.14. Kheoba's value of 31.39 is 901.3% above this industry median. Overall, Kheoba has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Kheoba's Altman Z-Score compare to NTRP and NNAX?
Kheoba's Altman Z-Score of 31.39 can be compared against companies in the Software industry. The industry median Altman Z-Score is 3.14. Kheoba's value of 31.39 is 901.3% above this benchmark. Historically, Kheoba's own Altman Z-Score has ranged from 31.39 to 3,228.51 over the past decade. While the company's 10-year median is 247.23 vs. the industry median of 3.14, Kheoba has consistently been above 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 Software company?
The median Altman Z-Score among Software companies is 3.14, based on 2,764 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. Kheoba's current Altman Z-Score of 31.39 is 901.3% 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 Kheoba and its competitors. For the Software industry, the median Altman Z-Score is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kheoba's current Altman Z-Score is 31.39, which is 87% below median its own 10-year median of 247.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kheoba stock overvalued right now?
Kheoba (KHOBF) has a current Altman Z-Score of 31.39. The current Altman Z-Score is 31.39, which is 87% below median its 10-year median of 247.23 and 901.3% above the Software industry median of 3.14. Kheoba's overall GF Score™ is 19/100 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 Kheoba (KHOBF), the current Altman Z-Score is 31.39 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.

Kheoba Business Description

Address 1 Kampong Ampat, No. 08-11 One KA MacPherson, Singapore, SGP, 368314
Kheoba Corp is a development stage company and intends to commence operations in software development and travel industry. It provides an online platform for private and group adventures in Georgia and Caucasus mountains region. Maximum of revenue is generated from Tourism Program segment.
19GF Score

Get the complete analysis for KHOBF

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

$2.50
Price