RanLOS AB (NGM:RLOS B) Altman Z-Score: 0.30 (As of Jun. 24, 2026)


NGM:RLOS B RanLOS AB NGM:RLOS B
6 GF Score
Price kr2.55
! 5 Warning Signs
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What is RanLOS AB Altman Z-Score?

RanLOS AB NGM:RLOS B +4.08% 6 Altman Z-Score is 0.30 as of Jun. 24, 2026. GuruFocus rates NGM:RLOS B with a GF Score™ of 6/100. The stock has 5 warning signs investors should review. Among 2,456 Hardware companies, RanLOS AB ranks worse than 94.63% 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 -0.72 is in distress zone. This implies bankruptcy possibility in the next two years.

RanLOS AB 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 RanLOS AB's Altman Z-Score or its related term are showing as below:

NGM:RLOS B' s Altman Z-Score Range Over the Past 10 Years
Min: -1.85   Med: -1.81   Max: 1.35
Current: -0.72

During the past 5 years, RanLOS AB's highest Altman Z-Score was 1.35. The lowest was -1.85. And the median was -1.81.


RanLOS AB  (NGM:RLOS B) 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.


RanLOS AB Altman Z-Score Related Terms


RanLOS AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for RanLOS AB'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.

RanLOS AB Altman Z-Score Chart

RanLOS AB Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 1.35 -1.85 -1.81

RanLOS AB Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 1.35 0.00 -1.85 0.00 -1.81

NGM:RLOS B vs COHR, KEYS, GRMN: Altman Z-Score Comparison

For the Scientific & Technical Instruments subindustry, RanLOS AB'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.


RanLOS AB Altman Z-Score vs Hardware Industry

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

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


NGM:RLOS B
6GF Score
RanLOS AB NGM:RLOS B
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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RanLOS AB 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.

RanLOS AB'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*0.3942+1.4*-1.9392+3.3*-0.3778+0.6*6.2742+1.0*0.0269
=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 Dec. 2025:
Total Assets was kr21.41 Mil.
Total Current Assets was kr12.46 Mil.
Total Current Liabilities was kr4.02 Mil.
Retained Earnings was kr-41.52 Mil.
Pre-Tax Income was kr-8.27 Mil.
Interest Expense was kr-0.18 Mil.
Revenue was kr0.58 Mil.
Market Cap (Today) was kr30.76 Mil.
Total Liabilities was kr4.90 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
=(12.461 - 4.021)/21.409
=0.3942

X2=Retained Earnings/Total Assets
=-41.516/21.409
=-1.9392

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-8.266 - -0.178)/21.409
=-0.3778

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=30.756/4.902
=6.2742

X5=Revenue/Total Assets
=0.575/21.409
=0.0269

The zones of discrimination were as such:

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

RanLOS AB 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?
RanLOS AB (NGM:RLOS B) 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 RanLOS AB and its competitors. According to the industry distribution chart, RanLOS AB ranks #2324 out of 2456 companies in the Hardware industry, placing it in the top 94.6%.
Is RanLOS AB's Altman Z-Score too high?
RanLOS AB's current Altman Z-Score is 0.30. The Hardware industry median Altman Z-Score is 3.71. RanLOS AB's value of 0.30 is 91.9% below this industry median. Based on the distribution chart, RanLOS AB ranks #2324 out of 2456 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, RanLOS AB has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does RanLOS AB's Altman Z-Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, RanLOS AB ranks #2324 out of 2456 companies for Altman Z-Score. This places RanLOS AB in the lower half of its industry. The industry median Altman Z-Score is 3.71. RanLOS AB's value of 0.30 is 91.9% below this benchmark. 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.71, based on 2,456 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. RanLOS AB's current Altman Z-Score of 0.30 is 91.9% 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 RanLOS AB and its competitors. For the Hardware industry, the median Altman Z-Score is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RanLOS AB'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 RanLOS AB stock overvalued right now?
RanLOS AB (NGM:RLOS B) has a current Altman Z-Score of 0.30. The current Altman Z-Score is 0.30 and 91.9% below the Hardware industry median of 3.71. RanLOS AB's overall GF Score™ is 6/100 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 RanLOS AB (NGM:RLOS B), 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.

RanLOS AB Business Description

Address Flojelbergsgatan 20 C, Molndal, SWE, 431 37
RanLOS AB develops measurement technologies for testing and verifying antennas and systems used in connected vehicles and other wireless devices.
6GF Score

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