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.
Globe International Carriers has a Altman Z-Score of 0.00, 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 Globe International Carriers's Altman Z-Score or its related term are showing as below:
During the past 13 years, Globe International Carriers's highest Altman Z-Score was 5.04. The lowest was 2.90. And the median was 3.80.
Globe International Carriers (NSE:GICL) 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.
* 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:GICL vs UPS, FDX, JBHT: Altman Z-Score Comparison
For the Integrated Freight & Logistics subindustry, Globe International Carriers'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.
Globe International Carriers Altman Z-Score vs Transportation Industry
For the Transportation industry and Industrials sector, Globe International Carriers's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Globe International Carriers's Altman Z-Score falls into.
Globe International Carriers 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.
* 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.
Globe International Carriers (NSE:GICL) has a Altman Z-Score of 0.00 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Globe International Carriers and its competitors. Over the past decade, Globe International Carriers' Altman Z-Score has ranged from 2.90 to 5.04. According to the industry distribution chart, Globe International Carriers ranks #999999 out of 996 companies in the Transportation industry.
Is Globe International Carriers' Altman Z-Score too high?
Globe International Carriers' current Altman Z-Score is 0.00. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 5.04. Based on the distribution chart, Globe International Carriers ranks #999999 out of 996 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Globe International Carriers has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globe International Carriers' Altman Z-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Globe International Carriers ranks #999999 out of 996 companies for Altman Z-Score. This places Globe International Carriers in the lower half of its industry. The industry median Altman Z-Score is 2.26. Historically, Globe International Carriers' own Altman Z-Score has ranged from 2.90 to 5.04 over the past decade. 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.26, based on 996 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 Globe International Carriers and its competitors. For the Transportation industry, the median Altman Z-Score is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe International Carriers's current Altman Z-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe International Carriers stock overvalued right now?
Based on GuruFocus' analysis, Globe International Carriers (NSE:GICL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10.96, compared to a current price of ₹16.39 — trading 49.5% above its estimated fair value. The current Altman Z-Score is 0.00. Globe International Carriers' overall GF Score™ is 55/100 with 3 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 Globe International Carriers (NSE:GICL), the current Altman Z-Score is 0.00 as of Jul. 09, 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 Globe International Carriers (NSE:GICL) Overvalued in 2026?
Based on GuruFocus' analysis, Globe International Carriers stock appears to be overvalued.
The current stock price of ₹16.39 is trading 49.5% above its estimated GF Value™ of ₹10.96.
GuruFocus considers Globe International Carriers to be Significantly Overvalued.
Key valuation signals for NSE:GICL:
Altman Z-Score: 0.00
GF Value™: ₹10.96 vs. price of ₹16.39 (49.5% above fair value)
No single metric tells the full story. See the NSE:GICL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe International Carriers Ltd is an Indian company engaged in the business of providing services for transportation as a Goods Transport Agency. Its services include supply chain management, customs clearance, bulk transportation, transportation of all types of industries goods, bulk transportation, and other related services through open/closed body vehicles and two/three/four-wheeler vehicles, as well as packing and unpacking services of goods. The company operates in single segment of business i.e. Logistics Sector.
55GF Score
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