Global Vectra Helicorp (NSE:GLOBALVECT) Altman Z-Score: 0.34 (As of Jun. 28, 2026) — 10% Above Median


NSE:GLOBALVECT Global Vectra Helicorp Ltd NSE:GLOBALVECT
64 GF Score
Price ₹168.23
GF Value ₹206.29
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Global Vectra Helicorp Altman Z-Score?

Global Vectra Helicorp NSE:GLOBALVECT +1.19% 64 Altman Z-Score is 0.34 as of Jun. 28, 2026, which is 10% above its 10-year median of 0.31. GuruFocus rates NSE:GLOBALVECT with a GF Score™ of 64/100 and a GF Value™ of ₹206.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 992 Transportation companies, Global Vectra Helicorp ranks worse than 91.23% 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 0.34 is in distress zone. This implies bankruptcy possibility in the next two years.

Global Vectra Helicorp has a Altman Z-Score of 0.34, 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 Global Vectra Helicorp's Altman Z-Score or its related term are showing as below:

NSE:GLOBALVECT' s Altman Z-Score Range Over the Past 10 Years
Min: -0.19   Med: 0.31   Max: 0.59
Current: 0.34

During the past 13 years, Global Vectra Helicorp's highest Altman Z-Score was 0.59. The lowest was -0.19. And the median was 0.31.


Global Vectra Helicorp  (NSE:GLOBALVECT) 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.


Global Vectra Helicorp Altman Z-Score Related Terms


Global Vectra Helicorp Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Global Vectra Helicorp'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.

Global Vectra Helicorp Altman Z-Score Chart

Global Vectra Helicorp Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.09 0.32 0.59 0.30

Global Vectra Helicorp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.53 0.49 0.43 0.30

NSE:GLOBALVECT vs JOBY, CAAP: Altman Z-Score Comparison

For the Airports & Air Services subindustry, Global Vectra Helicorp'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.


Global Vectra Helicorp Altman Z-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Global Vectra Helicorp's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Global Vectra Helicorp's Altman Z-Score falls into.


NSE:GLOBALVECT
64GF Score
Global Vectra Helicorp Ltd NSE:GLOBALVECT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Vectra Helicorp 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.

Global Vectra Helicorp'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*-0.3105+1.4*0+3.3*-0.011+0.6*0.2624+1.0*0.5871
=0.34

* 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 ₹8,882 Mil.
Total Current Assets was ₹2,278 Mil.
Total Current Liabilities was ₹5,036 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was -91.401 + -161.993 + -80.442 + -129.497 = ₹-463 Mil.
Interest Expense was -97.548 + -107.679 + -88.801 + -71.586 = ₹-366 Mil.
Revenue was 1275.101 + 1469.331 + 1176.179 + 1293.48 = ₹5,214 Mil.
Market Cap (Today) was ₹2,352 Mil.
Total Liabilities was ₹8,963 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
=(2277.976 - 5035.671)/8881.843
=-0.3105

X2=Retained Earnings/Total Assets
=0/8881.843
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-463.333 - -365.614)/8881.843
=-0.011

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2352.000/8962.874
=0.2624

X5=Revenue/Total Assets
=5214.091/8881.843
=0.5871

The zones of discrimination were as such:

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

Global Vectra Helicorp has a Altman Z-Score of 0.34 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 0.34 mean?
Global Vectra Helicorp (NSE:GLOBALVECT) has a Altman Z-Score of 0.34 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Global Vectra Helicorp and its competitors. This is 10% above median its historical median of 0.31. According to the industry distribution chart, Global Vectra Helicorp ranks #905 out of 992 companies in the Transportation industry, placing it in the top 91.2%.
Is Global Vectra Helicorp's Altman Z-Score too high?
Global Vectra Helicorp's current Altman Z-Score of 0.34 is 10% above median its 10-year median of 0.31. The Transportation industry median Altman Z-Score is 2.27. Global Vectra Helicorp's value of 0.34 is 85% below this industry median. Based on the distribution chart, Global Vectra Helicorp ranks #905 out of 992 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Global Vectra Helicorp has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global Vectra Helicorp's Altman Z-Score compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Global Vectra Helicorp ranks #905 out of 992 companies for Altman Z-Score. This places Global Vectra Helicorp in the lower half of its industry. The industry median Altman Z-Score is 2.27. Global Vectra Helicorp's value of 0.34 is 85% below this benchmark. While the company's 10-year median is 0.31 vs. the industry median of 2.27, Global Vectra Helicorp has consistently been below 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.27, based on 992 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. Global Vectra Helicorp's current Altman Z-Score of 0.34 is 85% 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 Global Vectra Helicorp and its competitors. For the Transportation industry, the median Altman Z-Score is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Vectra Helicorp's current Altman Z-Score is 0.34, which is 10% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Vectra Helicorp stock overvalued right now?
Based on GuruFocus' analysis, Global Vectra Helicorp (NSE:GLOBALVECT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹206.29, compared to a current price of ₹168.23 — trading 18.4% below its estimated fair value. The current Altman Z-Score is 0.34, which is 10% above median its 10-year median of 0.31 and 85% below the Transportation industry median of 2.27. Global Vectra Helicorp's overall GF Score™ is 64/100 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 Global Vectra Helicorp (NSE:GLOBALVECT), the current Altman Z-Score is 0.34 as of Jun. 28, 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 Global Vectra Helicorp (NSE:GLOBALVECT) Overvalued in 2026?

Based on GuruFocus' analysis, Global Vectra Helicorp stock appears to be undervalued. The current stock price of ₹168.23 is trading 18.4% below its estimated GF Value™ of ₹206.29. GuruFocus considers Global Vectra Helicorp to be Modestly Undervalued.

Key valuation signals for NSE:GLOBALVECT:

  • Altman Z-Score: 0.34 (10% above median its 10-year median of 0.31)
  • GF Value™: ₹206.29 vs. price of ₹168.23 (18.4% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 85% below the Transportation median (#905 of 992)

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


Global Vectra Helicorp Business Description

Other Exchanges 532773:India
Address Hangar Number - C - He / Hf, Airports Authority of India, Civil Aerodrome, Juhu, Mumbai, MH, IND, 400056
Global Vectra Helicorp Ltd is engaged in providing helicopter services. The company provides onshore and offshore services for oil and gas operations, the production sector, geophysical survey, corporate and VIP flights, aerial photography and filming, religious tourism, emergency services, underslung operations, and power grid maintenance. It operates in a single segment, that is, the provision of helicopter services in India. The company has its main maintenance base at Juhu Airport, Mumbai, with sub-bases supporting onshore and offshore operations across the length and breadth of India.
64GF Score

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

₹168.23
Price
₹206.29
GF Value