Red Square Games S AWAR:RSG +5.56%11 Altman Z-Score is 6.99 as of Jul. 07, 2026, which is 77% below its 10-year median of 30.71. GuruFocus rates WAR:RSG with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 550 Interactive Media companies, Red Square Games S A ranks better than 73.09% 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 6.55 is strong.
Red Square Games S A has a Altman Z-Score of 6.99, 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 Red Square Games S A's Altman Z-Score or its related term are showing as below:
WAR:RSG'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.66 Med: 30.71 Max: 39.63
Current: 6.55
During the past 4 years, Red Square Games S A's highest Altman Z-Score was 39.63. The lowest was 3.66. And the median was 30.71.
Red Square Games S A (WAR:RSG) 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.
Red Square Games S A Altman Z-Score Related Terms
Red Square Games S A Altman Z-Score Historical Data
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The historical data trend for Red Square Games S A'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.
WAR:RSG vs NTES, EA, TTWO: Altman Z-Score Comparison
For the Electronic Gaming & Multimedia subindustry, Red Square Games S A'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.
Red Square Games S A Altman Z-Score vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Red Square Games S A's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Red Square Games S A'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.
Red Square Games S A'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
*
0.579
+
1.4
*
-2.1497
+
3.3
*
-0.011
+
0.6
*
13.9943
+
1.0
*
0.9421
=
6.99
* 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.
Red Square Games S A (WAR:RSG) has a Altman Z-Score of 6.99 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Red Square Games S A and its competitors. This is 77% below median its historical median of 30.71. Over the past decade, Red Square Games S A's Altman Z-Score has ranged from 3.66 to 39.63. According to the industry distribution chart, Red Square Games S A ranks #148 out of 550 companies in the Interactive Media industry, placing it in the top 26.9%.
Is Red Square Games S A's Altman Z-Score too high?
Red Square Games S A's current Altman Z-Score of 6.99 is 77% below median its 10-year median of 30.71. Over the past 10 years, this metric has ranged from a low of 3.66 to a high of 39.63. The Interactive Media industry median Altman Z-Score is 3.04. Red Square Games S A's value of 6.99 is 130.3% above this industry median. Based on the distribution chart, Red Square Games S A ranks #148 out of 550 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Red Square Games S A has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Red Square Games S A's Altman Z-Score compare to NTES and EA?
According to the Interactive Media industry distribution chart, Red Square Games S A ranks #148 out of 550 companies for Altman Z-Score. This puts Red Square Games S A in the upper half of its industry. The industry median Altman Z-Score is 3.04. Red Square Games S A's value of 6.99 is 130.3% above this benchmark. Historically, Red Square Games S A's own Altman Z-Score has ranged from 3.66 to 39.63 over the past decade. While the company's 10-year median is 30.71 vs. the industry median of 3.04, Red Square Games S A 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 Interactive Media company?
The median Altman Z-Score among Interactive Media companies is 3.04, based on 550 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. Red Square Games S A's current Altman Z-Score of 6.99 is 130.3% 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 Red Square Games S A and its competitors. For the Interactive Media industry, the median Altman Z-Score is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Square Games S A's current Altman Z-Score is 6.99, which is 77% below median its own 10-year median of 30.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Square Games S A stock overvalued right now?
Red Square Games S A (WAR:RSG) has a current Altman Z-Score of 6.99. The current Altman Z-Score is 6.99, which is 77% below median its 10-year median of 30.71 and 130.3% above the Interactive Media industry median of 3.04. Red Square Games S A's overall GF Score™ is 11/100 with 2 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 Red Square Games S A (WAR:RSG), the current Altman Z-Score is 6.99 as of Jul. 07, 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.
Red Square Games S A operates in two areas related to games: Computer Games which involves the production of its computer games and those commissioned by other entities. Games without electricity the second area of ??activity includes offline games, for which the Issuer acts as a producer and publisher. This area is intended to introduce products such as board games, role playing games and card games to the market in physical and digital form.
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