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Shubhshree Biofuels EnergyNSE:SHUBHSHREE +0.88%18 Altman Z-Score is 7.93 as of Aug. 03, 2026, which is 4% below its 10-year median of 8.29. GuruFocus rates NSE:SHUBHSHREE with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 416 Utilities - Independent Power Producers companies, Shubhshree Biofuels Energy ranks better than 94.23% 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.
Good Sign:
Altman Z-score of 7.89 is strong.
Shubhshree Biofuels Energy has a Altman Z-Score of 7.93, 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 Shubhshree Biofuels Energy's Altman Z-Score or its related term are showing as below:
NSE:SHUBHSHREE'
s Altman Z-Score Range Over the Past 10 Years
Min: 7.23 Med: 8.29 Max: 9.34
Current: 7.89
During the past 5 years, Shubhshree Biofuels Energy's highest Altman Z-Score was 9.34. The lowest was 7.23. And the median was 8.29.
Shubhshree Biofuels Energy (NSE:SHUBHSHREE) 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.
Shubhshree Biofuels Energy Altman Z-Score Competitor Comparison
For the Utilities - Renewable subindustry, Shubhshree Biofuels Energy'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.
Shubhshree Biofuels Energy Altman Z-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Shubhshree Biofuels Energy's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Shubhshree Biofuels Energy's Altman Z-Score falls into.
Shubhshree Biofuels Energy 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.
Shubhshree Biofuels Energy (NSE:SHUBHSHREE) has a Altman Z-Score of 7.93 as of Aug. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shubhshree Biofuels Energy and its competitors. This is near median its historical median of 8.29. Over the past decade, Shubhshree Biofuels Energy's Altman Z-Score has ranged from 7.23 to 9.34. According to the industry distribution chart, Shubhshree Biofuels Energy ranks #24 out of 416 companies in the Utilities - Independent Power Producers industry, placing it in the top 5.8%.
Is Shubhshree Biofuels Energy's Altman Z-Score too high?
Shubhshree Biofuels Energy's current Altman Z-Score of 7.93 is near median its 10-year median of 8.29. Over the past 10 years, this metric has ranged from a low of 7.23 to a high of 9.34. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.22. Shubhshree Biofuels Energy's value of 7.93 is 550% above this industry median. Based on the distribution chart, Shubhshree Biofuels Energy ranks #24 out of 416 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Shubhshree Biofuels Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shubhshree Biofuels Energy's Altman Z-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Shubhshree Biofuels Energy ranks #24 out of 416 companies for Altman Z-Score. This places Shubhshree Biofuels Energy in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.22. Shubhshree Biofuels Energy's value of 7.93 is 550% above this benchmark. Historically, Shubhshree Biofuels Energy's own Altman Z-Score has ranged from 7.23 to 9.34 over the past decade. While the company's 10-year median is 8.29 vs. the industry median of 1.22, Shubhshree Biofuels Energy 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 an Utilities - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.22, based on 416 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. Shubhshree Biofuels Energy's current Altman Z-Score of 7.93 is 550% 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 Shubhshree Biofuels Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shubhshree Biofuels Energy's current Altman Z-Score is 7.93, which is near median its own 10-year median of 8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shubhshree Biofuels Energy stock overvalued right now?
Shubhshree Biofuels Energy (NSE:SHUBHSHREE) has a current Altman Z-Score of 7.93. The current Altman Z-Score is 7.93, which is near median its 10-year median of 8.29 and 550% above the Utilities - Independent Power Producers industry median of 1.22. Shubhshree Biofuels Energy's overall GF Score™ is 18/100 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 Shubhshree Biofuels Energy (NSE:SHUBHSHREE), the current Altman Z-Score is 7.93 as of Aug. 03, 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.
Shubhshree Biofuels Energy Ltd is engaged in the business of manufacturing & supplying of biomass fuels, which includes biomass pellets and briquettes. These biomass fuels are an alternative source of energy which are basically used in commercial and industrial heating, cooking fuel, industrial burning and electricity generation, as an alternative to fossil fuels like coal, firewood, lignite, Agri-waste, etc. The briquettes are majorly used for industrial purposes like running boilers etc. and the pellets are majorly used as cooking fuel or commercial purposes. Company has three segments: Biomass Husk, Biomass Briquettes & Pellets, and Non-Torrefied Biomass Pellets.
18GF Score
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