Nova Leap HealthNVLPF 50 Altman Z-Score is 4.93 as of Jun. 25, 2026, which is 67% above its 10-year median of 2.96. GuruFocus rates NVLPF with a GF Score™ of 50/100 and a GF Value™ of $0.19 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 661 Healthcare Providers & Services companies, Nova Leap Health ranks better than 73.07% 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 5.04 is strong.
Nova Leap Health has a Altman Z-Score of 4.93, 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 Nova Leap Health's Altman Z-Score or its related term are showing as below:
NVLPF'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.01 Med: 2.96 Max: 11.73
Current: 5.04
During the past 10 years, Nova Leap Health's highest Altman Z-Score was 11.73. The lowest was 0.01. And the median was 2.96.
Nova Leap Health (OTCPK:NVLPF) 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.
Nova Leap Health Altman Z-Score Related Terms
Nova Leap Health Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Nova Leap Health'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 Medical Care Facilities subindustry, Nova Leap Health'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.
Nova Leap Health Altman Z-Score vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Nova Leap Health's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Nova Leap Health'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.
Nova Leap Health'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
*
0.0034
+
1.4
*
-0.0313
+
3.3
*
0.0318
+
0.6
*
5.8093
+
1.0
*
1.375
=
4.93
* 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.
Nova Leap Health (NVLPF) has a Altman Z-Score of 4.93 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Nova Leap Health and its competitors. This is 67% above median its historical median of 2.96. Over the past decade, Nova Leap Health's Altman Z-Score has ranged from 0.01 to 11.73. According to the industry distribution chart, Nova Leap Health ranks #178 out of 661 companies in the Healthcare Providers & Services industry, placing it in the top 26.9%.
Is Nova Leap Health's Altman Z-Score too high?
Nova Leap Health's current Altman Z-Score of 4.93 is 67% above median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 11.73. The Healthcare Providers & Services industry median Altman Z-Score is 2.37. Nova Leap Health's value of 4.93 is 108% above this industry median. Based on the distribution chart, Nova Leap Health ranks #178 out of 661 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Nova Leap Health has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova Leap Health's Altman Z-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Nova Leap Health ranks #178 out of 661 companies for Altman Z-Score. This puts Nova Leap Health in the upper half of its industry. The industry median Altman Z-Score is 2.37. Nova Leap Health's value of 4.93 is 108% above this benchmark. Historically, Nova Leap Health's own Altman Z-Score has ranged from 0.01 to 11.73 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 2.37, Nova Leap Health 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.37, based on 661 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. Nova Leap Health's current Altman Z-Score of 4.93 is 108% 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 Nova Leap Health and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Leap Health's current Altman Z-Score is 4.93, which is 67% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Leap Health stock overvalued right now?
Based on GuruFocus' analysis, Nova Leap Health (NVLPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.19, compared to a current price of $0.25 — trading 29.7% above its estimated fair value. The current Altman Z-Score is 4.93, which is 67% above median its 10-year median of 2.96 and 108% above the Healthcare Providers & Services industry median of 2.37. Nova Leap Health's overall GF Score™ is 50/100 with 4 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 Nova Leap Health (NVLPF), the current Altman Z-Score is 4.93 as of Jun. 25, 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 Nova Leap Health (NVLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Nova Leap Health stock appears to be overvalued.
The current stock price of $0.25 is trading 29.7% above its estimated GF Value™ of $0.19.
GuruFocus considers Nova Leap Health to be Modestly Overvalued.
Key valuation signals for NVLPF:
Altman Z-Score: 4.93 (67% above median its 10-year median of 2.96)
GF Value™: $0.19 vs. price of $0.25 (29.7% above fair value)
Industry Position: 108% above the Healthcare Providers & Services median (#178 of 661)
No single metric tells the full story. See the NVLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Leap Health Corp operates in the healthcare industry. The company is a provider of home and home health care services to clients..The principal business activities of the company and its subsidiaries are to provide skilled and non-medical home care to clients. Its service offerings include meal preparation, housekeeping, transportation, personal care, and medication reminders. Its segments comprise Canadian and U.S. operations. The company derives a majority of its revenue from the United States.
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