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LG Electronics IndiaNSE:LGEINDIA -0.34%19 Altman Z-Score is 13.82 as of Jul. 21, 2026, which is 7% above its 10-year median of 12.90. GuruFocus rates NSE:LGEINDIA with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,459 Hardware companies, LG Electronics India ranks better than 90.89% 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 13.86 is strong.
LG Electronics India has a Altman Z-Score of 13.82, 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 LG Electronics India's Altman Z-Score or its related term are showing as below:
NSE:LGEINDIA'
s Altman Z-Score Range Over the Past 10 Years
Min: 12.9 Med: 12.9 Max: 13.86
Current: 13.86
During the past 4 years, LG Electronics India's highest Altman Z-Score was 13.86. The lowest was 12.90. And the median was 12.90.
LG Electronics India (NSE:LGEINDIA) 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.
Altman Z-Score does not apply to financial companies.
LG Electronics India Altman Z-Score Related Terms
LG Electronics India Altman Z-Score Historical Data
* Premium members only.
The historical data trend for LG Electronics India'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.
For the Consumer Electronics subindustry, LG Electronics India'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.
LG Electronics India Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, LG Electronics India's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where LG Electronics India'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.
LG Electronics India'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
*
0.4098
+
1.4
*
0
+
3.3
*
0.2072
+
0.6
*
17.9211
+
1.0
*
1.8958
=
13.82
* 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.
LG Electronics India (NSE:LGEINDIA) has a Altman Z-Score of 13.82 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on LG Electronics India and its competitors. This is near median its historical median of 12.90. Over the past decade, LG Electronics India's Altman Z-Score has ranged from 12.90 to 13.86. According to the industry distribution chart, LG Electronics India ranks #224 out of 2459 companies in the Hardware industry, placing it in the top 9.1%.
Is LG Electronics India's Altman Z-Score too high?
LG Electronics India's current Altman Z-Score of 13.82 is near median its 10-year median of 12.90. Over the past 10 years, this metric has ranged from a low of 12.90 to a high of 13.86. The Hardware industry median Altman Z-Score is 3.45. LG Electronics India's value of 13.82 is 300.6% above this industry median. Based on the distribution chart, LG Electronics India ranks #224 out of 2459 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, LG Electronics India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does LG Electronics India's Altman Z-Score compare to AAPL?
According to the Hardware industry distribution chart, LG Electronics India ranks #224 out of 2459 companies for Altman Z-Score. This places LG Electronics India in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.45. LG Electronics India's value of 13.82 is 300.6% above this benchmark. Historically, LG Electronics India's own Altman Z-Score has ranged from 12.90 to 13.86 over the past decade. While the company's 10-year median is 12.90 vs. the industry median of 3.45, LG Electronics India 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.45, based on 2,459 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. LG Electronics India's current Altman Z-Score of 13.82 is 300.6% 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 LG Electronics India and its competitors. For the Hardware industry, the median Altman Z-Score is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LG Electronics India's current Altman Z-Score is 13.82, which is near median its own 10-year median of 12.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LG Electronics India stock overvalued right now?
LG Electronics India (NSE:LGEINDIA) has a current Altman Z-Score of 13.82. The current Altman Z-Score is 13.82, which is near median its 10-year median of 12.90 and 300.6% above the Hardware industry median of 3.45. LG Electronics India's overall GF Score™ is 19/100 with 1 warning sign 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 LG Electronics India (NSE:LGEINDIA), the current Altman Z-Score is 13.82 as of Jul. 21, 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.
LG Electronics India Ltd is engaged in the manufacturing of televisions (flat panel, signage, projectors, monitor TVs), air conditioners, refrigerators, microwave ovens, washing machines, dishwashers, vacuum cleaners, ceiling fans, audio-visual equipment, water purifiers, air purifiers, compressors, personal computers, and security cameras. It has identified two primary business segments: the Home Appliances and Air Solution division, and the Home Entertainment division. The majority of the company's revenue is generated from the Home Appliances and Air Solution division. The company operates across various geographies, including Domestic markets, Africa, Europe, Asia (excluding India), and others, with the majority of its revenue coming from the Domestic market.
19GF Score
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