Quadrise (LSE:QED) Altman Z-Score: 7.08 (As of Jun. 30, 2026) — 87% Below Median


What is Quadrise Altman Z-Score?

Quadrise LSE:QED -18.38% Altman Z-Score is 7.08 as of Jun. 30, 2026, which is 87% below its 10-year median of 55.41. The stock has 1 warning sign investors should review. Among 900 Oil & Gas companies, Quadrise ranks better than 96.11% 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 11.7 is strong.

Quadrise has a Altman Z-Score of 7.08, 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 Quadrise's Altman Z-Score or its related term are showing as below:

LSE:QED' s Altman Z-Score Range Over the Past 10 Years
Min: 11.7   Med: 55.41   Max: 103.99
Current: 11.7

During the past 13 years, Quadrise's highest Altman Z-Score was 103.99. The lowest was 11.70. And the median was 55.41.


Quadrise  (LSE:QED) 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.


Quadrise Altman Z-Score Related Terms


Quadrise Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Quadrise'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.

Quadrise Altman Z-Score Chart

Quadrise Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.78 21.42 0.00 0.00 45.27

Quadrise Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 45.27 0.00

LSE:QED vs XOM, CVX: Altman Z-Score Comparison

For the Oil & Gas Integrated subindustry, Quadrise'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.


Quadrise Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Quadrise's Altman Z-Score distribution charts can be found below:

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



Quadrise 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.

Quadrise'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*0.5679+1.4*-9.3556+3.3*-0.3087+0.6*34.1907+1.0*0.004
=7.08

* 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 Jun. 2025:
Total Assets was £10.39 Mil.
Total Current Assets was £6.49 Mil.
Total Current Liabilities was £0.59 Mil.
Retained Earnings was £-97.16 Mil.
Pre-Tax Income was £-3.22 Mil.
Interest Expense was £-0.01 Mil.
Revenue was £0.04 Mil.
Market Cap (Today) was £30.29 Mil.
Total Liabilities was £0.89 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
=(6.492 - 0.594)/10.385
=0.5679

X2=Retained Earnings/Total Assets
=-97.158/10.385
=-9.3556

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.215 - -0.009)/10.385
=-0.3087

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=30.293/0.886
=34.1907

X5=Revenue/Total Assets
=0.042/10.385
=0.004

The zones of discrimination were as such:

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

Quadrise has a Altman Z-Score of 7.08 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 7.08 mean?
Quadrise (LSE:QED) has a Altman Z-Score of 7.08 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Quadrise and its competitors. This is 87% below median its historical median of 55.41. Over the past decade, Quadrise's Altman Z-Score has ranged from 11.70 to 103.99. According to the industry distribution chart, Quadrise ranks #35 out of 900 companies in the Oil & Gas industry, placing it in the top 3.9%.
Is Quadrise's Altman Z-Score too high?
Quadrise's current Altman Z-Score of 7.08 is 87% below median its 10-year median of 55.41. Over the past 10 years, this metric has ranged from a low of 11.70 to a high of 103.99. The Oil & Gas industry median Altman Z-Score is 1.90. Quadrise's value of 7.08 is 273.6% above this industry median. Based on the distribution chart, Quadrise ranks #35 out of 900 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Quadrise's Altman Z-Score compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Quadrise ranks #35 out of 900 companies for Altman Z-Score. This places Quadrise in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.90. Quadrise's value of 7.08 is 273.6% above this benchmark. Historically, Quadrise's own Altman Z-Score has ranged from 11.70 to 103.99 over the past decade. While the company's 10-year median is 55.41 vs. the industry median of 1.90, Quadrise 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.90, based on 900 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. Quadrise's current Altman Z-Score of 7.08 is 273.6% 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 Quadrise and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quadrise's current Altman Z-Score is 7.08, which is 87% below median its own 10-year median of 55.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quadrise stock overvalued right now?
Quadrise (LSE:QED) has a current Altman Z-Score of 7.08. The current Altman Z-Score is 7.08, which is 87% below median its 10-year median of 55.41 and 273.6% above the Oil & Gas industry median of 1.90. 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 Quadrise (LSE:QED), the current Altman Z-Score is 7.08 as of Jun. 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.

Quadrise Business Description

Industry EnergyOil & Gas
Other Exchanges QEDl:UKQED.GB:UK
Address 10/10A Arthur Street, Foresight House, London, GBR, EC4R 9AY
Quadrise PLC is the supplier of MSAR and bioMSAR emulsion technology, fuels, and biofuels, providing solutions to reduce energy costs, pollution, and greenhouse gas emissions for power generation, shipping, industrial, and oil industries. It has a single business segment, which is to produce emulsion fuel (or supply the associated technology to third parties) as a low-cost substitute for conventional heavy fuel oil (HFO) for use in power generation plants and industrial and marine diesel engines. Geographically, the company operates in the United Kingdom.