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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 1.15 is in distress zone. This implies bankruptcy possibility in the next two years.
Aayan Leasing & Investment Co has a Altman Z-Score of 1.15, 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 Aayan Leasing & Investment Co's Altman Z-Score or its related term are showing as below:
KUW:AAYAN'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.5 Med: 1.51 Max: 3.35
Current: 1.15
During the past 13 years, Aayan Leasing & Investment Co's highest Altman Z-Score was 3.35. The lowest was -0.50. And the median was 1.51.
Aayan Leasing & Investment Co (KUW:AAYAN) 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.
* 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.
Aayan Leasing & Investment Co Altman Z-Score Chart
KUW:AAYAN vs URI, SUNB, AER: Altman Z-Score Comparison
For the Rental & Leasing Services subindustry, Aayan Leasing & Investment Co'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.
Aayan Leasing & Investment Co Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Aayan Leasing & Investment Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Aayan Leasing & Investment Co's Altman Z-Score falls into.
Aayan Leasing & Investment Co 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.
* 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.
Aayan Leasing & Investment Co (KUW:AAYAN) has a Altman Z-Score of 1.15 as of Aug. 31, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aayan Leasing & Investment Co and its competitors. This is 24% below median its historical median of 1.51. According to the industry distribution chart, Aayan Leasing & Investment Co ranks #858 out of 1056 companies in the Business Services industry, placing it in the top 81.2%.
Is Aayan Leasing & Investment Co's Altman Z-Score too high?
Aayan Leasing & Investment Co's current Altman Z-Score of 1.15 is 24% below median its 10-year median of 1.51. The Business Services industry median Altman Z-Score is 2.99. Aayan Leasing & Investment Co's value of 1.15 is 61.5% below this industry median. Based on the distribution chart, Aayan Leasing & Investment Co ranks #858 out of 1056 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Aayan Leasing & Investment Co has a GF Score™ of 33/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aayan Leasing & Investment Co's Altman Z-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, Aayan Leasing & Investment Co ranks #858 out of 1056 companies for Altman Z-Score. This places Aayan Leasing & Investment Co in the lower half of its industry. The industry median Altman Z-Score is 2.99. Aayan Leasing & Investment Co's value of 1.15 is 61.5% below this benchmark. While the company's 10-year median is 1.51 vs. the industry median of 2.99, Aayan Leasing & Investment Co 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.99, based on 1,056 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. Aayan Leasing & Investment Co's current Altman Z-Score of 1.15 is 61.5% 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 Aayan Leasing & Investment Co and its competitors. For the Business Services industry, the median Altman Z-Score is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aayan Leasing & Investment Co's current Altman Z-Score is 1.15, which is 24% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aayan Leasing & Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Aayan Leasing & Investment Co (KUW:AAYAN) is currently considered Fairly Valued. The stock's GF Value™ is KWD0.27, compared to a current price of KWD0.28 — trading 3.3% above its estimated fair value. The current Altman Z-Score is 1.15, which is 24% below median its 10-year median of 1.51 and 61.5% below the Business Services industry median of 2.99. Aayan Leasing & Investment Co's overall GF Score™ is 33/100 with 9 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 Aayan Leasing & Investment Co (KUW:AAYAN), the current Altman Z-Score is 1.15 as of Aug. 31, 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.
Is Aayan Leasing & Investment Co (KUW:AAYAN) Overvalued in 2026?
Based on GuruFocus' analysis, Aayan Leasing & Investment Co stock appears to be overvalued.
The current stock price of KWD0.28 is trading 3.3% above its estimated GF Value™ of KWD0.27.
GuruFocus considers Aayan Leasing & Investment Co to be Fairly Valued.
Key valuation signals for KUW:AAYAN:
Altman Z-Score: 1.15 (24% below median its 10-year median of 1.51)
GF Value™: KWD0.27 vs. price of KWD0.28 (3.3% above fair value)
Industry Position: 61.5% below the Business Services median (#858 of 1056)
No single metric tells the full story. See the KUW:AAYAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aayan Leasing & Investment Co is engaged in financial investments, trading properties, investment properties and leasing activities. It has four operating segments: Islamic financing: Providing a range of Islamic products to corporate and individual customers. Leasing Sector: Leasing of vehicle and equipment to corporate and individual customers and investments with similar or related operations. Real estate: Buying, selling, and investing in real estate Proprietary investment and assets management: Operations of Group's subsidiaries and associates (excluding leasing related subsidiaries and associates) and managing funds and portfolios. Key revenue is generated from Leasing Sector.
33GF Score
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