Titan Logix (TSXV:TLA) Altman Z-Score: 10.20 (As of Jul. 14, 2026) — 18% Below Median

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TSXV:TLA Titan Logix Corp TSXV:TLA
46 GF Score
Price C$0.52
GF Value C$0.56
Valuation Fairly Valued
! 5 Warning Signs
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What is Titan Logix Altman Z-Score?

Titan Logix TSXV:TLA 46 Altman Z-Score is 10.20 as of Jul. 14, 2026, which is 18% below its 10-year median of 12.47. GuruFocus rates TSXV:TLA with a GF Score™ of 46/100 and a GF Value™ of C$0.56 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,007 Industrial Products companies, Titan Logix ranks better than 88.03% 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 10.2 is strong.

Titan Logix has a Altman Z-Score of 10.20, 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 Titan Logix's Altman Z-Score or its related term are showing as below:

TSXV:TLA' s Altman Z-Score Range Over the Past 10 Years
Min: 7.63   Med: 12.47   Max: 25.4
Current: 10.2

During the past 13 years, Titan Logix's highest Altman Z-Score was 25.40. The lowest was 7.63. And the median was 12.47.


Titan Logix  (TSXV:TLA) 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.


Titan Logix Altman Z-Score Related Terms


Titan Logix Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Titan Logix'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.

Titan Logix Altman Z-Score Chart

Titan Logix Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.66 12.20 9.20 10.49 7.83

Titan Logix Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 11.31 7.83 8.91 9.75 10.68

TSXV:TLA vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Titan Logix'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.


Titan Logix Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Titan Logix's Altman Z-Score distribution charts can be found below:

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


TSXV:TLA
46GF Score
Titan Logix Corp TSXV:TLA
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Titan Logix 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.

Titan Logix'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*0.8074+1.4*0.5407+3.3*-0.0626+0.6*13.8361+1.0*0.3825
=10.20

* 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 May. 2026:
Total Assets was C$16.31 Mil.
Total Current Assets was C$13.83 Mil.
Total Current Liabilities was C$0.66 Mil.
Retained Earnings was C$8.82 Mil.
Pre-Tax Income was -0.128 + -0.213 + -0.34 + -0.38 = C$-1.06 Mil.
Interest Expense was -0.009 + -0.01 + -0.01 + -0.011 = C$-0.04 Mil.
Revenue was 1.527 + 1.654 + 1.447 + 1.609 = C$6.24 Mil.
Market Cap (Today) was C$13.93 Mil.
Total Liabilities was C$1.01 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
=(13.83 - 0.664)/16.307
=0.8074

X2=Retained Earnings/Total Assets
=8.818/16.307
=0.5407

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.061 - -0.04)/16.307
=-0.0626

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13.933/1.007
=13.8361

X5=Revenue/Total Assets
=6.237/16.307
=0.3825

The zones of discrimination were as such:

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

Titan Logix has a Altman Z-Score of 10.20 indicating it is in Safe 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 10.20 mean?
Titan Logix (TSXV:TLA) has a Altman Z-Score of 10.20 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Titan Logix and its competitors. This is 18% below median its historical median of 12.47. Over the past decade, Titan Logix's Altman Z-Score has ranged from 7.63 to 25.40. According to the industry distribution chart, Titan Logix ranks #360 out of 3007 companies in the Industrial Products industry, placing it in the top 12%.
Is Titan Logix's Altman Z-Score too high?
Titan Logix's current Altman Z-Score of 10.20 is 18% below median its 10-year median of 12.47. Over the past 10 years, this metric has ranged from a low of 7.63 to a high of 25.40. The Industrial Products industry median Altman Z-Score is 3.32. Titan Logix's value of 10.20 is 207.2% above this industry median. Based on the distribution chart, Titan Logix ranks #360 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Titan Logix has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Titan Logix's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Titan Logix ranks #360 out of 3007 companies for Altman Z-Score. This places Titan Logix in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.32. Titan Logix's value of 10.20 is 207.2% above this benchmark. Historically, Titan Logix's own Altman Z-Score has ranged from 7.63 to 25.40 over the past decade. While the company's 10-year median is 12.47 vs. the industry median of 3.32, Titan Logix 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 Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.32, based on 3,007 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. Titan Logix's current Altman Z-Score of 10.20 is 207.2% 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 Titan Logix and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan Logix's current Altman Z-Score is 10.20, which is 18% below median its own 10-year median of 12.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Logix stock overvalued right now?
Based on GuruFocus' analysis, Titan Logix (TSXV:TLA) is currently considered Fairly Valued. The stock's GF Value™ is C$0.56, compared to a current price of C$0.52 — trading 7.1% below its estimated fair value. The current Altman Z-Score is 10.20, which is 18% below median its 10-year median of 12.47 and 207.2% above the Industrial Products industry median of 3.32. Titan Logix's overall GF Score™ is 46/100 with 5 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 Titan Logix (TSXV:TLA), the current Altman Z-Score is 10.20 as of Jul. 14, 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 Titan Logix (TSXV:TLA) Overvalued in 2026?

Based on GuruFocus' analysis, Titan Logix stock appears to be undervalued. The current stock price of C$0.52 is trading 7.1% below its estimated GF Value™ of C$0.56. GuruFocus considers Titan Logix to be Fairly Valued.

Key valuation signals for TSXV:TLA:

  • Altman Z-Score: 10.20 (18% below median its 10-year median of 12.47)
  • GF Value™: C$0.56 vs. price of C$0.52 (7.1% below fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 207.2% above the Industrial Products median (#360 of 3007)

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


Titan Logix Business Description

Address 4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5
Titan Logix Corp designs and manufactures mobile liquid measurement solutions that help businesses reduce risk and maximize efficiencies in bulk liquid transportation. The company's TD Series tank-level monitors are known for their high accuracy, rugged design, and solid-state reliability. The solutions are designed for both hazardous and non-hazardous applications and serve customers across a wide range of industries, including petroleum, environmental solutions, chemical, and agriculture. The company predominantly operates in two geographic regions, Canada and the United States, and derives the majority of its revenue from its business in the United States.
46GF Score

Get the complete analysis for TSXV:TLA

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

C$0.52
Price
C$0.56
GF Value