Kustom Entertainment (STU:QB90) Altman Z-Score: -12.01 (As of Jul. 24, 2026)

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STU:QB90 Kustom Entertainment Inc STU:QB90
24 GF Score
Price €193,200.00
! 8 Warning Signs
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What is Kustom Entertainment Altman Z-Score?

Kustom Entertainment STU:QB90 24 Altman Z-Score is -12.01 as of Jul. 24, 2026. GuruFocus rates STU:QB90 with a GF Score™ of 24/100. The stock has 8 warning signs investors should review. Among 1,007 Media - Diversified companies, Kustom Entertainment ranks worse than 96.72% 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 -12.02 is in distress zone. This implies bankruptcy possibility in the next two years.

Kustom Entertainment has a Altman Z-Score of -12.01, 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 Kustom Entertainment's Altman Z-Score or its related term are showing as below:

STU:QB90' s Altman Z-Score Range Over the Past 10 Years
Min: -12.02   Med: 3.92   Max: 825.16
Current: -12.02

During the past 13 years, Kustom Entertainment's highest Altman Z-Score was 825.16. The lowest was -12.02. And the median was 3.92.


Kustom Entertainment  (STU:QB90) 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.


Kustom Entertainment Altman Z-Score Related Terms


Kustom Entertainment Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kustom Entertainment'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.

Kustom Entertainment Altman Z-Score Chart

Kustom Entertainment 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 3.43 -1.65 -4.43 -8.92 -10.68

Kustom Entertainment 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 -6.20 -7.65 -7.49 -10.68 -11.99

STU:QB90 vs GFMH, BOTY, WNLV: Altman Z-Score Comparison

For the Entertainment subindustry, Kustom Entertainment'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.


Kustom Entertainment Altman Z-Score vs Media - Diversified Industry

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

* The bar in red indicates where Kustom Entertainment's Altman Z-Score falls into.


STU:QB90
24GF Score
Kustom Entertainment Inc STU:QB90
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kustom Entertainment 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.

Kustom Entertainment'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*-0.0033+1.4*-7.7146+3.3*-0.5904+0.6*0.0595+1.0*0.7082
=-12.01

* 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 €16.55 Mil.
Total Current Assets was €8.13 Mil.
Total Current Liabilities was €8.19 Mil.
Retained Earnings was €-127.68 Mil.
Pre-Tax Income was -1.31 + -4.074 + -0.82 + -3.892 = €-10.10 Mil.
Interest Expense was -0.058 + -0.121 + -0.078 + -0.067 = €-0.32 Mil.
Revenue was 3.732 + -0.76 + 3.866 + 4.883 = €11.72 Mil.
Market Cap (Today) was €0.76 Mil.
Total Liabilities was €12.84 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
=(8.13 - 8.185)/16.551
=-0.0033

X2=Retained Earnings/Total Assets
=-127.684/16.551
=-7.7146

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-10.096 - -0.324)/16.551
=-0.5904

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=0.764/12.836
=0.0595

X5=Revenue/Total Assets
=11.721/16.551
=0.7082

The zones of discrimination were as such:

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

Kustom Entertainment has a Altman Z-Score of -12.01 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 -12.01 mean?
Kustom Entertainment (STU:QB90) has a Altman Z-Score of -12.01 as of Jul. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kustom Entertainment and its competitors. According to the industry distribution chart, Kustom Entertainment ranks #974 out of 1007 companies in the Media - Diversified industry, placing it in the top 96.7%.
Is Kustom Entertainment's Altman Z-Score too high?
Kustom Entertainment's current Altman Z-Score is -12.01. Based on the distribution chart, Kustom Entertainment ranks #974 out of 1007 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Kustom Entertainment has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Kustom Entertainment's Altman Z-Score compare to GFMH and BOTY?
According to the Media - Diversified industry distribution chart, Kustom Entertainment ranks #974 out of 1007 companies for Altman Z-Score. This places Kustom Entertainment in the lower half of its industry. The industry median Altman Z-Score is 2.00. 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 2.00, based on 1,007 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 Kustom Entertainment and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kustom Entertainment's current Altman Z-Score is -12.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kustom Entertainment stock overvalued right now?
Kustom Entertainment (STU:QB90) has a current Altman Z-Score of -12.01. The current Altman Z-Score is -12.01. Kustom Entertainment's overall GF Score™ is 24/100 with 8 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 Kustom Entertainment (STU:QB90), the current Altman Z-Score is -12.01 as of Jul. 24, 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.

Kustom Entertainment Business Description

Other Exchanges KUST:USA
Address 6366 College Boulevard, Overland Park, KS, USA, 66211
Kustom Entertainment Inc provides live event production and ticketing technology services. The company operates in two segments: video solutions and entertainment. The Video Solutions Segment represents the Company's legacy operations and includes the development, manufacture, and sale of digital video imaging and storage products, disinfectant, and related safety products for use in law enforcement, security, and commercial applications. The Entertainment Segment operates a secondary ticketing platform through TicketSmarter.com, acting as an intermediary between ticket buyers and sellers. In addition, this segment includes live event production and promotion activities, including the Country Stampede music festival and other entertainment events.
24GF Score

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

€193,200.00
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