Washington Hotel (NGO:4691) Altman Z-Score: 2.19 (As of Jul. 07, 2026) — 84% Above Median


NGO:4691 Washington Hotel Corp NGO:4691
69 GF Score
Price 円852.00
GF Value 円410.62
! 8 Warning Signs
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What is Washington Hotel Altman Z-Score?

Washington Hotel NGO:4691 69 Altman Z-Score is 2.19 as of Jul. 07, 2026, which is 84% above its 10-year median of 1.19. GuruFocus rates NGO:4691 with a GF Score™ of 69/100 and a GF Value™ of 円410.62. The stock has 8 warning signs investors should review. Among 838 Travel & Leisure companies, Washington Hotel ranks better than 53.22% 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 2.19 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Washington Hotel has a Altman Z-Score of 2.19, indicating it is in Grey Zones. This implies that Washington Hotel is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Washington Hotel's Altman Z-Score or its related term are showing as below:

NGO:4691' s Altman Z-Score Range Over the Past 10 Years
Min: -0.66   Med: 1.19   Max: 2.19
Current: 2.19

During the past 9 years, Washington Hotel's highest Altman Z-Score was 2.19. The lowest was -0.66. And the median was 1.19.


Washington Hotel  (NGO:4691) 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.


Washington Hotel Altman Z-Score Related Terms


Washington Hotel Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Washington Hotel'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.

Washington Hotel Altman Z-Score Chart

Washington Hotel Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 0.21 1.05 1.19 1.56 1.76

Washington Hotel Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.19 0.98 1.56 0.00 1.76

NGO:4691 vs MAR, HLT, H: Altman Z-Score Comparison

For the Lodging subindustry, Washington Hotel'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.


Washington Hotel Altman Z-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Washington Hotel's Altman Z-Score distribution charts can be found below:

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


NGO:4691
69GF Score
Washington Hotel Corp NGO:4691
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Washington Hotel 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.

Washington Hotel'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*-0.0801+1.4*0.2535+3.3*0.1096+0.6*1.4389+1.0*0.7047
=2.19

* 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 円34,333 Mil.
Total Current Assets was 円8,880 Mil.
Total Current Liabilities was 円11,630 Mil.
Retained Earnings was 円8,705 Mil.
Pre-Tax Income was 円3,236 Mil.
Interest Expense was 円-527 Mil.
Revenue was 円24,193 Mil.
Market Cap (Today) was 円31,870 Mil.
Total Liabilities was 円22,148 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
=(8880.275 - 11630.315)/34332.636
=-0.0801

X2=Retained Earnings/Total Assets
=8704.85/34332.636
=0.2535

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(3236.376 - -527.133)/34332.636
=0.1096

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=31869.527/22148.273
=1.4389

X5=Revenue/Total Assets
=24192.829/34332.636
=0.7047

The zones of discrimination were as such:

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

Washington Hotel has a Altman Z-Score of 2.19 indicating it is in Grey 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 2.19 mean?
Washington Hotel (NGO:4691) has a Altman Z-Score of 2.19 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Washington Hotel and its competitors. This is 84% above median its historical median of 1.19. According to the industry distribution chart, Washington Hotel ranks #392 out of 838 companies in the Travel & Leisure industry, placing it in the top 46.8%.
Is Washington Hotel's Altman Z-Score too high?
Washington Hotel's current Altman Z-Score of 2.19 is 84% above median its 10-year median of 1.19. The Travel & Leisure industry median Altman Z-Score is 2.01. Washington Hotel's value of 2.19 is 9% above this industry median. Based on the distribution chart, Washington Hotel ranks #392 out of 838 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Washington Hotel has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Washington Hotel's Altman Z-Score compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Washington Hotel ranks #392 out of 838 companies for Altman Z-Score. This puts Washington Hotel in the upper half of its industry. The industry median Altman Z-Score is 2.01. Washington Hotel's value of 2.19 is 9% above this benchmark. While the company's 10-year median is 1.19 vs. the industry median of 2.01, Washington Hotel 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 a Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 2.01, based on 838 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. Washington Hotel's current Altman Z-Score of 2.19 is 9% 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 Washington Hotel and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Washington Hotel's current Altman Z-Score is 2.19, which is 84% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Washington Hotel stock overvalued right now?
Washington Hotel (NGO:4691) has a current Altman Z-Score of 2.19. The stock's GF Value™ is 円410.62, compared to a current price of 円852.00 — trading 107.5% above its estimated fair value. The current Altman Z-Score is 2.19, which is 84% above median its 10-year median of 1.19 and 9% above the Travel & Leisure industry median of 2.01. Washington Hotel's overall GF Score™ is 69/100 with 8 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 Washington Hotel (NGO:4691), the current Altman Z-Score is 2.19 as of Jul. 07, 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 Washington Hotel (NGO:4691) Overvalued in 2026?

Based on GuruFocus' analysis, Washington Hotel stock appears to be overvalued. The current stock price of 円852.00 is trading 107.5% above its estimated GF Value™ of 円410.62.

Key valuation signals for NGO:4691:

  • Altman Z-Score: 2.19 (84% above median its 10-year median of 1.19)
  • GF Value™: 円410.62 vs. price of 円852.00 (107.5% above fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 9% above the Travel & Leisure median (#392 of 838)

No single metric tells the full story. See the NGO:4691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Washington Hotel Business Description

Other Exchanges 4691:Japan
Address Uchiyama Third Street No. 23 No. 5, Aichi Prefecture, Chikusa-ku, Nagoya, JPN, 464-0075
Washington Hotel Corp is a Japanese based company engaged in the hotel and restaurant business. It offers lodging, catering, communication and a resting place and various other services.
69GF Score

Get the complete analysis for NGO:4691

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円852.00
Price
円410.62
GF Value