Carry International Co (ROCO:7779) Altman Z-Score: 1.07 (As of Jul. 15, 2026) — 47% Below Median

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ROCO:7779 Carry International Co Ltd ROCO:7779
12 GF Score
Price NT$12.80
! 4 Warning Signs
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What is Carry International Co Altman Z-Score?

Carry International Co ROCO:7779 -2.66% 12 Altman Z-Score is 1.07 as of Jul. 15, 2026, which is 47% below its 10-year median of 2.01. GuruFocus rates ROCO:7779 with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 1,009 Media - Diversified companies, Carry International Co ranks worse than 67.39% 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 1.04 is in distress zone. This implies bankruptcy possibility in the next two years.

Carry International Co has a Altman Z-Score of 1.07, 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 Carry International Co's Altman Z-Score or its related term are showing as below:

ROCO:7779' s Altman Z-Score Range Over the Past 10 Years
Min: 1.04   Med: 2.01   Max: 2.62
Current: 1.04

During the past 5 years, Carry International Co's highest Altman Z-Score was 2.62. The lowest was 1.04. And the median was 2.01.


Carry International Co  (ROCO:7779) 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.


Carry International Co Altman Z-Score Related Terms


Carry International Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Carry International Co'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.

Carry International Co Altman Z-Score Chart

Carry International Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 2.62 1.39

Carry International Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 2.62 0.00 1.39

ROCO:7779 vs NXST: Altman Z-Score Comparison

For the Broadcasting subindustry, Carry International Co'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.


Carry International Co Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Carry International Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Carry International Co's Altman Z-Score falls into.


ROCO:7779
12GF Score
Carry International Co Ltd ROCO:7779
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Carry International Co 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.

Carry International Co'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*0.3186+1.4*-0.4881+3.3*-0.1192+0.6*1.5361+1.0*0.8384
=1.07

* 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 Dec. 2025:
Total Assets was NT$260.4 Mil.
Total Current Assets was NT$196.6 Mil.
Total Current Liabilities was NT$113.6 Mil.
Retained Earnings was NT$-127.1 Mil.
Pre-Tax Income was NT$-31.7 Mil.
Interest Expense was NT$-0.7 Mil.
Revenue was NT$218.3 Mil.
Market Cap (Today) was NT$206.1 Mil.
Total Liabilities was NT$134.2 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
=(196.626 - 113.638)/260.437
=0.3186

X2=Retained Earnings/Total Assets
=-127.123/260.437
=-0.4881

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-31.701 - -0.666)/260.437
=-0.1192

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=206.144/134.202
=1.5361

X5=Revenue/Total Assets
=218.345/260.437
=0.8384

The zones of discrimination were as such:

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

Carry International Co has a Altman Z-Score of 1.07 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 1.07 mean?
Carry International Co (ROCO:7779) has a Altman Z-Score of 1.07 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Carry International Co and its competitors. This is 47% below median its historical median of 2.01. Over the past decade, Carry International Co's Altman Z-Score has ranged from 1.04 to 2.62. According to the industry distribution chart, Carry International Co ranks #680 out of 1009 companies in the Media - Diversified industry, placing it in the top 67.4%.
Is Carry International Co's Altman Z-Score too high?
Carry International Co's current Altman Z-Score of 1.07 is 47% below median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 2.62. The Media - Diversified industry median Altman Z-Score is 2.01. Carry International Co's value of 1.07 is 46.8% below this industry median. Based on the distribution chart, Carry International Co ranks #680 out of 1009 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Carry International Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Carry International Co's Altman Z-Score compare to NXST?
According to the Media - Diversified industry distribution chart, Carry International Co ranks #680 out of 1009 companies for Altman Z-Score. This places Carry International Co in the lower half of its industry. The industry median Altman Z-Score is 2.01. Carry International Co's value of 1.07 is 46.8% below this benchmark. Historically, Carry International Co's own Altman Z-Score has ranged from 1.04 to 2.62 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.01, Carry International Co 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 2.01, based on 1,009 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. Carry International Co's current Altman Z-Score of 1.07 is 46.8% 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 Carry International Co and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carry International Co's current Altman Z-Score is 1.07, which is 47% below median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carry International Co stock overvalued right now?
Carry International Co (ROCO:7779) has a current Altman Z-Score of 1.07. The current Altman Z-Score is 1.07, which is 47% below median its 10-year median of 2.01 and 46.8% below the Media - Diversified industry median of 2.01. Carry International Co's overall GF Score™ is 12/100 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 Carry International Co (ROCO:7779), the current Altman Z-Score is 1.07 as of Jul. 15, 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.

Carry International Co Business Description

Address Beiping E. Road, 11th Floor, No. 30-1, Zhongzheng District, Taipei City, TWN, 100
Carry International Co Ltd is engaged in e-sports event production and broadcasting.
12GF Score

Get the complete analysis for ROCO:7779

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

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