NETWF (Network Media Group) Altman Z-Score: -0.30 (As of Jun. 24, 2026)


What is Network Media Group Altman Z-Score?

Network Media Group NETWF Altman Z-Score is -0.30 as of Jun. 24, 2026. The stock has 3 warning signs investors should review. Among 1,019 Media - Diversified companies, Network Media Group ranks worse than 82.63% 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 -0.3 is in distress zone. This implies bankruptcy possibility in the next two years.

Network Media Group has a Altman Z-Score of -0.30, 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 Network Media Group's Altman Z-Score or its related term are showing as below:

NETWF' s Altman Z-Score Range Over the Past 10 Years
Min: -0.66   Med: 0.65   Max: 1.97
Current: -0.3

During the past 13 years, Network Media Group's highest Altman Z-Score was 1.97. The lowest was -0.66. And the median was 0.65.


Network Media Group  (OTCPK:NETWF) 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.


Network Media Group Altman Z-Score Related Terms


Network Media Group Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Network Media 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.

Network Media Group Altman Z-Score Chart

Network Media Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.65 0.27 -0.14 -0.24

Network Media Group Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 -0.14 -0.02 -0.15 0.05 -0.24

NETWF vs NFLX, DIS, WBD: Altman Z-Score Comparison

For the Entertainment subindustry, Network Media 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.


Network Media Group Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Network Media Group's Altman Z-Score distribution charts can be found below:

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



Network Media Group 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.

Network Media 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*-0.0494+1.4*-0.395+3.3*-0.0462+0.6*0.1045+1.0*0.3996
=-0.30

* 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 Nov. 2025:
Total Assets was $11.99 Mil.
Total Current Assets was $5.48 Mil.
Total Current Liabilities was $6.07 Mil.
Retained Earnings was $-4.74 Mil.
Pre-Tax Income was -0.493 + 0.1 + -0.56 + 0.171 = $-0.78 Mil.
Interest Expense was -0.051 + -0.056 + -0.066 + -0.055 = $-0.23 Mil.
Revenue was 0.941 + 2.066 + 0.738 + 1.045 = $4.79 Mil.
Market Cap (Today) was $0.67 Mil.
Total Liabilities was $6.41 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
=(5.479 - 6.071)/11.988
=-0.0494

X2=Retained Earnings/Total Assets
=-4.735/11.988
=-0.395

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.782 - -0.228)/11.988
=-0.0462

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=0.670/6.409
=0.1045

X5=Revenue/Total Assets
=4.79/11.988
=0.3996

The zones of discrimination were as such:

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

Network Media Group has a Altman Z-Score of -0.30 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 -0.30 mean?
Network Media Group (NETWF) has a Altman Z-Score of -0.30 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Network Media Group and its competitors. According to the industry distribution chart, Network Media Group ranks #842 out of 1019 companies in the Media - Diversified industry, placing it in the top 82.6%.
Is Network Media Group's Altman Z-Score too high?
Network Media Group's current Altman Z-Score is -0.30. Based on the distribution chart, Network Media Group ranks #842 out of 1019 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does Network Media Group's Altman Z-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Network Media Group ranks #842 out of 1019 companies for Altman Z-Score. This places Network Media Group in the lower half of its industry. The industry median Altman Z-Score is 1.98. 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.98, based on 1,019 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 Network Media Group and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Network Media Group's current Altman Z-Score is -0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Network Media Group stock overvalued right now?
Based on GuruFocus' analysis, Network Media Group (NETWF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.09, compared to a current price of $0.03 — trading 64.9% below its estimated fair value. The current Altman Z-Score is -0.30. 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 Network Media Group (NETWF), the current Altman Z-Score is -0.30 as of Jun. 24, 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.

Network Media Group Business Description

Other Exchanges NTE:Canada
Address 1684 West 2nd Avenue, Vancouver, BC, CAN, V6J 1H4
Network Media Group Inc operates in the entertainment industry. Along with its subsidiaries, the company develops, produces, and exploits film and television properties in addition to providing production services to third parties. The company's documentary stories are of inspiring cultural icons and their lasting legacy, along with cinematic, richly crafted stories featuring A-list talent across Music, Film, Comedy, Sports, Politics, and Business.