InflaRx NV (MEX:IFRXN) Altman Z-Score: -1.17 (As of Jun. 27, 2026)


MEX:IFRXN InflaRx NV MEX:IFRXN
30 GF Score
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! 5 Warning Signs
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What is InflaRx NV Altman Z-Score?

InflaRx NV MEX:IFRXN 30 Altman Z-Score is -1.17 as of Jun. 27, 2026. GuruFocus rates MEX:IFRXN with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 934 Biotechnology companies, InflaRx NV ranks worse than 71.31% 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 -0.77 is in distress zone. This implies bankruptcy possibility in the next two years.

InflaRx NV has a Altman Z-Score of -1.17, 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 InflaRx NV's Altman Z-Score or its related term are showing as below:

MEX:IFRXN' s Altman Z-Score Range Over the Past 10 Years
Min: -10.2   Med: -0.31   Max: 111.38
Current: -0.77

During the past 11 years, InflaRx NV's highest Altman Z-Score was 111.38. The lowest was -10.20. And the median was -0.31.


InflaRx NV  (MEX:IFRXN) 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.


InflaRx NV Altman Z-Score Related Terms


InflaRx NV Altman Z-Score Historical Data

* Premium members only.

The historical data trend for InflaRx NV'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.

InflaRx NV Altman Z-Score Chart

InflaRx NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.57 -1.48 -8.63

InflaRx NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -3.86 -6.20 -6.68 -8.63 -10.20

MEX:IFRXN vs IRD, NAUT, RGNX: Altman Z-Score Comparison

For the Biotechnology subindustry, InflaRx NV'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.


InflaRx NV Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, InflaRx NV's Altman Z-Score distribution charts can be found below:

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


MEX:IFRXN
30GF Score
InflaRx NV MEX:IFRXN
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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InflaRx NV 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.

InflaRx NV'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*0.7365+1.4*-7.8425+3.3*-0.8975+0.6*19.8038+1.0*0.0006
=-1.17

* 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 Mar. 2026:
Total Assets was MXN1,019.21 Mil.
Total Current Assets was MXN988.11 Mil.
Total Current Liabilities was MXN237.47 Mil.
Retained Earnings was MXN-7,993.16 Mil.
Pre-Tax Income was -116.598 + -224.375 + -263.73 + -311.062 = MXN-915.77 Mil.
Interest Expense was -0.313 + -0.358 + -0.301 + -0.065 = MXN-1.04 Mil.
Revenue was 0 + -0.717 + 0.517 + 0.847 = MXN0.65 Mil.
Market Cap (Today) was MXN4,954.22 Mil.
Total Liabilities was MXN250.17 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
=(988.109 - 237.469)/1019.212
=0.7365

X2=Retained Earnings/Total Assets
=-7993.156/1019.212
=-7.8425

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-915.765 - -1.037)/1019.212
=-0.8975

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4954.218/250.165
=19.8038

X5=Revenue/Total Assets
=0.647/1019.212
=0.0006

The zones of discrimination were as such:

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

InflaRx NV has a Altman Z-Score of -1.17 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 -1.17 mean?
InflaRx NV (MEX:IFRXN) has a Altman Z-Score of -1.17 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on InflaRx NV and its competitors. According to the industry distribution chart, InflaRx NV ranks #666 out of 934 companies in the Biotechnology industry, placing it in the top 71.3%.
Is InflaRx NV's Altman Z-Score too high?
InflaRx NV's current Altman Z-Score is -1.17. Based on the distribution chart, InflaRx NV ranks #666 out of 934 companies in the Biotechnology industry, which is below the industry midpoint. Overall, InflaRx NV has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does InflaRx NV's Altman Z-Score compare to IRD and NAUT?
According to the Biotechnology industry distribution chart, InflaRx NV ranks #666 out of 934 companies for Altman Z-Score. This places InflaRx NV in the lower half of its industry. The industry median Altman Z-Score is 2.63. 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.63, based on 934 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 InflaRx NV and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InflaRx NV's current Altman Z-Score is -1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InflaRx NV stock overvalued right now?
InflaRx NV (MEX:IFRXN) has a current Altman Z-Score of -1.17. The current Altman Z-Score is -1.17. InflaRx NV's overall GF Score™ is 30/100 with 5 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 InflaRx NV (MEX:IFRXN), the current Altman Z-Score is -1.17 as of Jun. 27, 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.

InflaRx NV Business Description

Other Exchanges IFRX:USAIF0:Germany
Address Winzerlaer Strasse 2, Jena, DEU, 07745
InflaRx NV is a biopharmaceutical company applying proprietary technologies to discover, develop and commercialize potent and specific inhibitors of the complement activation factor known as C5a and its receptor C5aR. With its therapeutic product candidates, vilobelimab and izicopan, the company targets C5a and its receptor C5aR to selectively inhibit the powerful inflammatory response observed in a wide variety of autoimmune and other inflammatory diseases elicited through C5a/C5aR activation. Its product candidate, GOHIBIC (vilobelimab), is a novel intravenously delivered anti-C5a monoclonal antibody that selectively binds to free C5a and has demonstrated disease-modifying clinical activity and tolerability in multiple clinical settings.
30GF Score

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