Sleep NumberSNBRQ 49 Altman Z-Score is -1.27 as of Jun. 25, 2026. GuruFocus rates SNBRQ with a GF Score™ of 49/100 and a GF Value™ of $9.42 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 429 Furnishings, Fixtures & Appliances companies, Sleep Number ranks worse than 97.9% 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 -1.27 is in distress zone. This implies bankruptcy possibility in the next two years.
Sleep Number has a Altman Z-Score of -1.27, 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 Sleep Number's Altman Z-Score or its related term are showing as below:
SNBRQ'
s Altman Z-Score Range Over the Past 10 Years
Min: -1.27 Med: 2.31 Max: 6.45
Current: -1.27
During the past 13 years, Sleep Number's highest Altman Z-Score was 6.45. The lowest was -1.27. And the median was 2.31.
Sleep Number (OTCPK:SNBRQ) 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.
Sleep Number Altman Z-Score Related Terms
Sleep Number Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Sleep Number'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.
SNBRQ vs CRWS, NTZ, EFOI: Altman Z-Score Comparison
For the Furnishings, Fixtures & Appliances subindustry, Sleep Number'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.
Sleep Number Altman Z-Score vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sleep Number's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Sleep Number'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.
Sleep Number'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
*
-1.2297
+
1.4
*
-1.0319
+
3.3
*
-0.1331
+
0.6
*
0.0006
+
1.0
*
2.0861
=
-1.27
* 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.
Sleep Number (SNBRQ) has a Altman Z-Score of -1.27 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sleep Number and its competitors. According to the industry distribution chart, Sleep Number ranks #420 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 97.9%.
Is Sleep Number's Altman Z-Score too high?
Sleep Number's current Altman Z-Score is -1.27. Based on the distribution chart, Sleep Number ranks #420 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Sleep Number has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sleep Number's Altman Z-Score compare to CRWS and NTZ?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sleep Number ranks #420 out of 429 companies for Altman Z-Score. This places Sleep Number in the lower half of its industry. The industry median Altman Z-Score is 2.81. 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.81, based on 429 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. 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 Sleep Number and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sleep Number's current Altman Z-Score is -1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sleep Number stock overvalued right now?
Based on GuruFocus' analysis, Sleep Number (SNBRQ) is currently considered Possible Value Trap. The stock's GF Value™ is $9.42, compared to a current price of $0.03 — trading 99.7% below its estimated fair value. The current Altman Z-Score is -1.27. Sleep Number's overall GF Score™ is 49/100 with 9 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 Sleep Number (SNBRQ), the current Altman Z-Score is -1.27 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 Sleep Number (SNBRQ) Overvalued in 2026?
Based on GuruFocus' analysis, Sleep Number stock appears to be undervalued.
The current stock price of $0.03 is trading 99.7% below its estimated GF Value™ of $9.42.
GuruFocus considers Sleep Number to be Possible Value Trap.
Key valuation signals for SNBRQ:
Altman Z-Score: -1.27
GF Value™: $9.42 vs. price of $0.03 (99.7% below fair value)
No single metric tells the full story. See the SNBRQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sleep Number Corp is a designer, manufacturer, marketer, and retailer, which allows it to offer consumers high-quality, individualized sleep solutions and services. It also offers FlextFit adjustable bases, and Sleep Number pillows, sheets, and other bedding products. The company generates revenue by marketing its innovations directly to new and existing customers and selling products through its Stores, Online, Phone, Chat (Total Retail), and Other. It focuses on personalized sleep wellness, with mattresses designed to evolve with each sleeper to help them feel and perform well, featuring adjustable firmness, pressure-relieving support, and temperature-balancing comfort built into every mattress. Its products include mattresses, bundles, bedding, pillows, and furniture.
49GF Score
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