VGES (Vanguard Green Investment) Altman Z-Score: N/A (As of Jul. 06, 2026)


VGES Vanguard Green Investment Ltd VGES
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What is Vanguard Green Investment Altman Z-Score?

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.

Vanguard Green Investment has a Altman Z-Score of N/A, 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 Vanguard Green Investment's Altman Z-Score or its related term are showing as below:

During the past 8 years, Vanguard Green Investment's highest Altman Z-Score was 64.83. The lowest was -351.98. And the median was 29.33.


Vanguard Green Investment  (OTCPK:VGES) 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.


Vanguard Green Investment Altman Z-Score Related Terms


Vanguard Green Investment Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Vanguard Green Investment'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.

Vanguard Green Investment Altman Z-Score Chart

Vanguard Green Investment Annual Data
Trend Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Altman Z-Score
Get a 7-Day Free Trial 47.73 18.74 -102.20 0.00 0.00

Vanguard Green Investment Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.00 0.00

VGES vs EVTK, DROR, CLIK: Altman Z-Score Comparison

For the Personal Services subindustry, Vanguard Green Investment'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.


Vanguard Green Investment Altman Z-Score vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Vanguard Green Investment's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Vanguard Green Investment's Altman Z-Score falls into.


VGES
31GF Score
Vanguard Green Investment Ltd VGES
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Vanguard Green Investment 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.

Vanguard Green Investment'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*-46.1176+1.4*-154.5294+3.3*-5.5882+0.6*41.2429+1.0*0
=N/A

* 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 Apr. 2026:
Total Assets was $0.02 Mil.
Total Current Assets was $0.02 Mil.
Total Current Liabilities was $0.80 Mil.
Retained Earnings was $-2.63 Mil.
Pre-Tax Income was -0.019 + -0.03 + -0.017 + -0.037 = $-0.10 Mil.
Interest Expense was -0.001 + -0.002 + -0.002 + -0.003 = $-0.01 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Market Cap (Today) was $33.28 Mil.
Total Liabilities was $0.81 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
=(0.017 - 0.801)/0.017
=-46.1176

X2=Retained Earnings/Total Assets
=-2.627/0.017
=-154.5294

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.103 - -0.008)/0.017
=-5.5882

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=33.283/0.807
=41.2429

X5=Revenue/Total Assets
=0/0.017
=0

The zones of discrimination were as such:

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

Vanguard Green Investment has a Altman Z-Score of N/A 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.


Vanguard Green Investment Business Description

Address Jianguo North Road, Lane 258, 4th Floor, No. 33, Section 2, Zhongshan District, Taipei, TWN, 104482
Vanguard Green Investment Ltd is a beauty and wellness company, providing SPA and wellness service and also Spa related products to the customers. The services provided are designed to improve the overall health system and body function. It operates in the Chinese market with three business models namely Tripartite co-operation and profit-sharing model (deployment of stone spa bed & franchise); Large-scale chain agent model (deployment of stone spa bed); and Direct- service store model. The company has geographical segments in Nevada, Seychelles, and Hong Kong.
31GF Score

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