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Anthem BiosciencesNSE:ANTHEM -0.93%34 Altman Z-Score is 68.06 as of Jul. 14, 2026, which is 13% above its 10-year median of 60.10. GuruFocus rates NSE:ANTHEM with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 928 Biotechnology companies, Anthem Biosciences ranks better than 97.09% 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 68.68 is strong.
Anthem Biosciences has a Altman Z-Score of 68.06, 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 Anthem Biosciences's Altman Z-Score or its related term are showing as below:
NSE:ANTHEM'
s Altman Z-Score Range Over the Past 10 Years
Min: 60.1 Med: 60.1 Max: 68.68
Current: 68.68
During the past 5 years, Anthem Biosciences's highest Altman Z-Score was 68.68. The lowest was 60.10. And the median was 60.10.
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.
Altman Z-Score does not apply to financial companies.
Anthem Biosciences Altman Z-Score Related Terms
Anthem Biosciences Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Anthem Biosciences'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.
NSE:ANTHEM vs VRTX, REGN, ALNY: Altman Z-Score Comparison
For the Biotechnology subindustry, Anthem Biosciences'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.
Anthem Biosciences Altman Z-Score vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Anthem Biosciences's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Anthem Biosciences's Altman Z-Score falls into.
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.
Anthem Biosciences'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
*
0.4308
+
1.4
*
0.716
+
3.3
*
0.2397
+
0.6
*
108.5816
+
1.0
*
0.6028
=
68.06
* 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.
Anthem Biosciences (NSE:ANTHEM) has a Altman Z-Score of 68.06 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Anthem Biosciences and its competitors. This is 13% above median its historical median of 60.10. Over the past decade, Anthem Biosciences' Altman Z-Score has ranged from 60.10 to 68.68. According to the industry distribution chart, Anthem Biosciences ranks #27 out of 928 companies in the Biotechnology industry, placing it in the top 2.9%.
Is Anthem Biosciences' Altman Z-Score too high?
Anthem Biosciences' current Altman Z-Score of 68.06 is 13% above median its 10-year median of 60.10. Over the past 10 years, this metric has ranged from a low of 60.10 to a high of 68.68. The Biotechnology industry median Altman Z-Score is 2.69. Anthem Biosciences' value of 68.06 is 2430.1% above this industry median. Based on the distribution chart, Anthem Biosciences ranks #27 out of 928 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Anthem Biosciences has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Anthem Biosciences' Altman Z-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Anthem Biosciences ranks #27 out of 928 companies for Altman Z-Score. This places Anthem Biosciences in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.69. Anthem Biosciences' value of 68.06 is 2430.1% above this benchmark. Historically, Anthem Biosciences' own Altman Z-Score has ranged from 60.10 to 68.68 over the past decade. While the company's 10-year median is 60.10 vs. the industry median of 2.69, Anthem Biosciences 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.69, based on 928 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. Anthem Biosciences's current Altman Z-Score of 68.06 is 2430.1% 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 Anthem Biosciences and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anthem Biosciences's current Altman Z-Score is 68.06, which is 13% above median its own 10-year median of 60.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anthem Biosciences stock overvalued right now?
Anthem Biosciences (NSE:ANTHEM) has a current Altman Z-Score of 68.06. The current Altman Z-Score is 68.06, which is 13% above median its 10-year median of 60.10 and 2430.1% above the Biotechnology industry median of 2.69. Anthem Biosciences' overall GF Score™ is 34/100 with 2 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 Anthem Biosciences (NSE:ANTHEM), the current Altman Z-Score is 68.06 as of Jul. 14, 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.
Anthem Biosciences Ltd is an innovation-driven and technology-focused Contract Research, Development and Manufacturing Organization (CRDMO) with fully integrated operations spanning across drug discovery, development and manufacturing. It is one of the few companies in India with integrated New Chemical Entity (NCE) and New Biological Entity (NBE) capabilities across drug discovery, development, and commercial manufacturing. As a one-stop service provider, It serves a range of customers, encompassing innovator-focused emerging biotech and large pharmaceutical companies globally.
34GF Score
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