Accretion Pharmaceuticals (NSE:ACCPL) Altman Z-Score: 7.35 (As of Jul. 01, 2026) — 73% Above Median


NSE:ACCPL Accretion Pharmaceuticals Ltd NSE:ACCPL
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What is Accretion Pharmaceuticals Altman Z-Score?

Accretion Pharmaceuticals NSE:ACCPL +4.96% 18 Altman Z-Score is 7.35 as of Jul. 01, 2026, which is 73% above its 10-year median of 4.25. GuruFocus rates NSE:ACCPL with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 950 Drug Manufacturers companies, Accretion Pharmaceuticals ranks better than 78.11% 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 6.92 is strong.

Accretion Pharmaceuticals has a Altman Z-Score of 7.35, 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 Accretion Pharmaceuticals's Altman Z-Score or its related term are showing as below:

NSE:ACCPL' s Altman Z-Score Range Over the Past 10 Years
Min: 4.25   Med: 4.25   Max: 6.92
Current: 6.92

During the past 5 years, Accretion Pharmaceuticals's highest Altman Z-Score was 6.92. The lowest was 4.25. And the median was 4.25.


Accretion Pharmaceuticals  (NSE:ACCPL) 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.


Accretion Pharmaceuticals Altman Z-Score Related Terms


Accretion Pharmaceuticals Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Accretion Pharmaceuticals'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.

Accretion Pharmaceuticals Altman Z-Score Chart

Accretion Pharmaceuticals Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 0.00 4.25

Accretion Pharmaceuticals Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 4.25

NSE:ACCPL vs LLY, JNJ, ABBV: Altman Z-Score Comparison

For the Drug Manufacturers - General subindustry, Accretion Pharmaceuticals'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.


Accretion Pharmaceuticals Altman Z-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Accretion Pharmaceuticals's Altman Z-Score distribution charts can be found below:

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


NSE:ACCPL
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Accretion Pharmaceuticals Ltd NSE:ACCPL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Accretion Pharmaceuticals 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.

Accretion Pharmaceuticals'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*0.519+1.4*0+3.3*0.1817+0.6*8.2584+1.0*1.1692
=7.35

* 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 ₹766.6 Mil.
Total Current Assets was ₹605.9 Mil.
Total Current Liabilities was ₹208.1 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹130.8 Mil.
Interest Expense was ₹-8.5 Mil.
Revenue was ₹896.3 Mil.
Market Cap (Today) was ₹1,812.5 Mil.
Total Liabilities was ₹219.5 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
=(605.931 - 208.121)/766.555
=0.519

X2=Retained Earnings/Total Assets
=0/766.555
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(130.831 - -8.479)/766.555
=0.1817

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1812.464/219.47
=8.2584

X5=Revenue/Total Assets
=896.271/766.555
=1.1692

The zones of discrimination were as such:

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

Accretion Pharmaceuticals has a Altman Z-Score of 7.35 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 7.35 mean?
Accretion Pharmaceuticals (NSE:ACCPL) has a Altman Z-Score of 7.35 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Accretion Pharmaceuticals and its competitors. This is 73% above median its historical median of 4.25. Over the past decade, Accretion Pharmaceuticals' Altman Z-Score has ranged from 4.25 to 6.92. According to the industry distribution chart, Accretion Pharmaceuticals ranks #208 out of 950 companies in the Drug Manufacturers industry, placing it in the top 21.9%.
Is Accretion Pharmaceuticals' Altman Z-Score too high?
Accretion Pharmaceuticals' current Altman Z-Score of 7.35 is 73% above median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 4.25 to a high of 6.92. The Drug Manufacturers industry median Altman Z-Score is 3.22. Accretion Pharmaceuticals' value of 7.35 is 128.6% above this industry median. Based on the distribution chart, Accretion Pharmaceuticals ranks #208 out of 950 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Accretion Pharmaceuticals has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Accretion Pharmaceuticals' Altman Z-Score compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Accretion Pharmaceuticals ranks #208 out of 950 companies for Altman Z-Score. This places Accretion Pharmaceuticals in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.22. Accretion Pharmaceuticals' value of 7.35 is 128.6% above this benchmark. Historically, Accretion Pharmaceuticals' own Altman Z-Score has ranged from 4.25 to 6.92 over the past decade. While the company's 10-year median is 4.25 vs. the industry median of 3.22, Accretion Pharmaceuticals 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.22, based on 950 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. Accretion Pharmaceuticals's current Altman Z-Score of 7.35 is 128.6% 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 Accretion Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accretion Pharmaceuticals's current Altman Z-Score is 7.35, which is 73% above median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accretion Pharmaceuticals stock overvalued right now?
Accretion Pharmaceuticals (NSE:ACCPL) has a current Altman Z-Score of 7.35. The current Altman Z-Score is 7.35, which is 73% above median its 10-year median of 4.25 and 128.6% above the Drug Manufacturers industry median of 3.22. Accretion Pharmaceuticals' overall GF Score™ is 18/100 with 6 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 Accretion Pharmaceuticals (NSE:ACCPL), the current Altman Z-Score is 7.35 as of Jul. 01, 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.

Accretion Pharmaceuticals Business Description

Address 29, Xcelon Industrial Park-1, Behind Intas Pharmaceuticals, Vasna-Chacharwadi, Ta - Sanand District, Ahmedabad, GJ, IND, 382213
Accretion Pharmaceuticals Ltd is engaged in the manufacturing of Medicinal & Pharmaceutical Products. The company manufactures tablets, oral liquid, capsule, cream, ointment, mouthwash, dusting powder, gel, ear drops, lotion, shampoo, powder, syrup, among others.
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