RTEXF (Ratio Energies LP) Altman Z-Score: 2.04 (As of Aug. 09, 2026) — 47% Above Median

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RTEXF Ratio Energies LP RTEXF
79 GF Score
Price $0.35
GF Value $0.22
! 4 Warning Signs
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What is Ratio Energies LP Altman Z-Score?

Ratio Energies LP RTEXF 79 Altman Z-Score is 2.04 as of Aug. 09, 2026, which is 47% above its 10-year median of 1.39. GuruFocus rates RTEXF with a GF Score™ of 79/100 and a GF Value™ of $0.22. The stock has 4 warning signs investors should review. Among 907 Oil & Gas companies, Ratio Energies LP ranks better than 52.92% 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 2.05 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Ratio Energies LP has a Altman Z-Score of 2.04, indicating it is in Grey Zones. This implies that Ratio Energies LP is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Ratio Energies LP's Altman Z-Score or its related term are showing as below:

RTEXF' s Altman Z-Score Range Over the Past 10 Years
Min: -0.25   Med: 1.39   Max: 2.67
Current: 2.05

During the past 13 years, Ratio Energies LP's highest Altman Z-Score was 2.67. The lowest was -0.25. And the median was 1.39.


Ratio Energies LP  (OTCPK:RTEXF) 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.


Ratio Energies LP Altman Z-Score Related Terms


Ratio Energies LP Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ratio Energies LP'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.

Ratio Energies LP Altman Z-Score Chart

Ratio Energies LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.84 2.15 2.48 2.68

Ratio Energies LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.45 2.68 2.64 2.68 2.10

RTEXF vs COP, EOG, FANG: Altman Z-Score Comparison

For the Oil & Gas E&P subindustry, Ratio Energies LP'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.


Ratio Energies LP Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ratio Energies LP's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Ratio Energies LP's Altman Z-Score falls into.


RTEXF
79GF Score
Ratio Energies LP RTEXF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ratio Energies LP 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.

Ratio Energies LP'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*0.1556+1.4*0.1158+3.3*0.124+0.6*1.7813+1.0*0.2179
=2.04

* 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 Mar. 2026:
Total Assets was $1,349.5 Mil.
Total Current Assets was $336.9 Mil.
Total Current Liabilities was $127.0 Mil.
Retained Earnings was $156.3 Mil.
Pre-Tax Income was 22.913 + 39.912 + 42.135 + 27.4 = $132.4 Mil.
Interest Expense was -6.788 + -3.634 + -10.599 + -13.962 = $-35.0 Mil.
Revenue was 54.213 + 84.158 + 92.317 + 63.436 = $294.1 Mil.
Market Cap (Today) was $1,553.7 Mil.
Total Liabilities was $872.2 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
=(336.907 - 126.961)/1349.543
=0.1556

X2=Retained Earnings/Total Assets
=156.267/1349.543
=0.1158

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(132.36 - -34.983)/1349.543
=0.124

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1553.693/872.209
=1.7813

X5=Revenue/Total Assets
=294.124/1349.543
=0.2179

The zones of discrimination were as such:

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

Ratio Energies LP has a Altman Z-Score of 2.04 indicating it is in Grey 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 2.04 mean?
Ratio Energies LP (RTEXF) has a Altman Z-Score of 2.04 as of Aug. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ratio Energies LP and its competitors. This is 47% above median its historical median of 1.39. According to the industry distribution chart, Ratio Energies LP ranks #427 out of 907 companies in the Oil & Gas industry, placing it in the top 47.1%.
Is Ratio Energies LP's Altman Z-Score too high?
Ratio Energies LP's current Altman Z-Score of 2.04 is 47% above median its 10-year median of 1.39. The Oil & Gas industry median Altman Z-Score is 1.95. Ratio Energies LP's value of 2.04 is 4.6% above this industry median. Based on the distribution chart, Ratio Energies LP ranks #427 out of 907 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ratio Energies LP has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ratio Energies LP's Altman Z-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Ratio Energies LP ranks #427 out of 907 companies for Altman Z-Score. This puts Ratio Energies LP in the upper half of its industry. The industry median Altman Z-Score is 1.95. Ratio Energies LP's value of 2.04 is 4.6% above this benchmark. While the company's 10-year median is 1.39 vs. the industry median of 1.95, Ratio Energies LP 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 Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.95, based on 907 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. Ratio Energies LP's current Altman Z-Score of 2.04 is 4.6% 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 Ratio Energies LP and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratio Energies LP's current Altman Z-Score is 2.04, which is 47% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratio Energies LP stock overvalued right now?
Ratio Energies LP (RTEXF) has a current Altman Z-Score of 2.04. The stock's GF Value™ is $0.22, compared to a current price of $0.35 — trading 59.1% above its estimated fair value. The current Altman Z-Score is 2.04, which is 47% above median its 10-year median of 1.39 and 4.6% above the Oil & Gas industry median of 1.95. Ratio Energies LP's overall GF Score™ is 79/100 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 Ratio Energies LP (RTEXF), the current Altman Z-Score is 2.04 as of Aug. 09, 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 Ratio Energies LP (RTEXF) Overvalued in 2026?

Based on GuruFocus' analysis, Ratio Energies LP stock appears to be overvalued. The current stock price of $0.35 is trading 59.1% above its estimated GF Value™ of $0.22.

Key valuation signals for RTEXF:

  • Altman Z-Score: 2.04 (47% above median its 10-year median of 1.39)
  • GF Value™: $0.22 vs. price of $0.35 (59.1% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 4.6% above the Oil & Gas median (#427 of 907)

No single metric tells the full story. See the RTEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ratio Energies LP Business Description

Industry EnergyOil & Gas
Other Exchanges RATI:Israel
Address 85 Yehuda Ha-levi Street, Tel Aviv, ISR, 6579614
Ratio Energies LP focuses on the engaged in exploration, development, and production of natural gas and condensate from the Leviathan reservoir in the area of the Leviathan South and Leviathan North.
79GF Score

Get the complete analysis for RTEXF

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

$0.35
Price
$0.22
GF Value