Moksh Ornaments (NSE:MOKSH) Altman Z-Score: 6.28 (As of Jul. 05, 2026)


NSE:MOKSH Moksh Ornaments Ltd NSE:MOKSH
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What is Moksh Ornaments Altman Z-Score?

Moksh Ornaments NSE:MOKSH +1.36% 4 Altman Z-Score is 6.28 as of Jul. 05, 2026. GuruFocus rates NSE:MOKSH with a GF Score™ of 4/100.

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.

Moksh Ornaments has a Altman Z-Score of 6.28, 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 Moksh Ornaments's Altman Z-Score or its related term are showing as below:


Moksh Ornaments  (NSE:MOKSH) 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.


Moksh Ornaments Altman Z-Score Related Terms


Moksh Ornaments Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Moksh Ornaments'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.

Moksh Ornaments Altman Z-Score Chart

Moksh Ornaments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.53 6.58 18.89 8.41 6.36

Moksh Ornaments Quarterly Data
Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.31 5.85 6.36 6.48 6.52

NSE:MOKSH vs TPR: Altman Z-Score Comparison

For the Luxury Goods subindustry, Moksh Ornaments'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.


Moksh Ornaments Altman Z-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Moksh Ornaments's Altman Z-Score distribution charts can be found below:

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


NSE:MOKSH
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Moksh Ornaments Ltd NSE:MOKSH
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Moksh Ornaments 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.

Moksh Ornaments'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*0.5308+1.4*0+3.3*0.1403+0.6*1.7728+1.0*4.113
=6.28

* 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 Sep. 2024:
Total Assets was ₹1,181 Mil.
Total Current Assets was ₹1,175 Mil.
Total Current Liabilities was ₹548 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 32.17 + 29.913 + 20.65 + 19.841 = ₹103 Mil.
Interest Expense was -13.193 + -14.824 + -14.154 + -20.93 = ₹-63 Mil.
Revenue was 1584.477 + 1368.226 + 1055.804 + 849.425 = ₹4,858 Mil.
Market Cap (Today) was ₹997 Mil.
Total Liabilities was ₹562 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
=(1175.354 - 548.447)/1181.121
=0.5308

X2=Retained Earnings/Total Assets
=0/1181.121
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(102.574 - -63.101)/1181.121
=0.1403

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=996.613/562.162
=1.7728

X5=Revenue/Total Assets
=4857.932/1181.121
=4.113

The zones of discrimination were as such:

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

Moksh Ornaments has a Altman Z-Score of 6.28 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 6.28 mean?
Moksh Ornaments (NSE:MOKSH) has a Altman Z-Score of 6.28 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Moksh Ornaments and its competitors.
Is Moksh Ornaments' Altman Z-Score too high?
Moksh Ornaments' current Altman Z-Score is 6.28. The Retail - Cyclical industry median Altman Z-Score is 2.74. Moksh Ornaments' value of 6.28 is 129.2% above this industry median. Overall, Moksh Ornaments has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Moksh Ornaments' Altman Z-Score compare to TPR?
Moksh Ornaments' Altman Z-Score of 6.28 can be compared against companies in the Retail - Cyclical industry. The industry median Altman Z-Score is 2.74. Moksh Ornaments' value of 6.28 is 129.2% above this benchmark. 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.74, based on 1,112 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. Moksh Ornaments's current Altman Z-Score of 6.28 is 129.2% 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 Moksh Ornaments and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moksh Ornaments's current Altman Z-Score is 6.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moksh Ornaments stock overvalued right now?
Moksh Ornaments (NSE:MOKSH) has a current Altman Z-Score of 6.28. The current Altman Z-Score is 6.28 and 129.2% above the Retail - Cyclical industry median of 2.74. Moksh Ornaments' overall GF Score™ is 4/100. 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 Moksh Ornaments (NSE:MOKSH), the current Altman Z-Score is 6.28 as of Jul. 05, 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.

Moksh Ornaments Business Description

Address Kalbadevi Road, B-405/1, B-405/2, 4th floor, 99, Mulji Jetha Building, Glitz Mall, Champa Galli Cross Lane, Vitthalwadi, Kalbadevi, Mumbai, MH, IND, 400002
Moksh Ornaments Ltd is an India based company engaged in the manufacturing and wholesale of jewellery. The company sells gold jewellery and its product profile includes Bangles, Chain, and Mangalsutra. The jewelleries are manufactured on job work basis at Kolkata and Mumbai.
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