WHEN (World Health Energy Holdings) Altman Z-Score: 0.35 (As of Jun. 24, 2026) — 89% Below Median


What is World Health Energy Holdings Altman Z-Score?

World Health Energy Holdings WHEN +100.00% Altman Z-Score is 0.35 as of Jun. 24, 2026, which is 89% below its 10-year median of 3.12. The stock has 4 warning signs investors should review. Among 2,763 Software companies, World Health Energy Holdings ranks worse than 81.61% 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 0.35 is in distress zone. This implies bankruptcy possibility in the next two years.

World Health Energy Holdings has a Altman Z-Score of 0.35, 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 World Health Energy Holdings's Altman Z-Score or its related term are showing as below:

WHEN' s Altman Z-Score Range Over the Past 10 Years
Min: -37878.41   Med: 3.12   Max: 32.88
Current: 0.35

During the past 13 years, World Health Energy Holdings's highest Altman Z-Score was 32.88. The lowest was -37878.41. And the median was 3.12.


World Health Energy Holdings  (OTCPK:WHEN) 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.


World Health Energy Holdings Altman Z-Score Related Terms


World Health Energy Holdings Altman Z-Score Historical Data

* Premium members only.

The historical data trend for World Health Energy Holdings'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.

World Health Energy Holdings Altman Z-Score Chart

World Health Energy Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.11 32.88 14.17 10.68 2.53

World Health Energy Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 3.40 2.53 1.29 0.92 5.49

WHEN vs AVX, EXYN, USIO: Altman Z-Score Comparison

For the Software - Infrastructure subindustry, World Health Energy Holdings'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.


World Health Energy Holdings Altman Z-Score vs Software Industry

For the Software industry and Technology sector, World Health Energy Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where World Health Energy Holdings's Altman Z-Score falls into.



World Health Energy Holdings 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.

World Health Energy Holdings'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*-0.0921+1.4*-2.7127+3.3*-0.2743+0.6*8.5687+1.0*0.0191
=0.35

* 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 Sep. 2025:
Total Assets was $11.10 Mil.
Total Current Assets was $0.36 Mil.
Total Current Liabilities was $1.38 Mil.
Retained Earnings was $-30.12 Mil.
Pre-Tax Income was -0.585 + -1.269 + -0.747 + -1.306 = $-3.91 Mil.
Interest Expense was -0.064 + -0.042 + -0.004 + -0.751 = $-0.86 Mil.
Revenue was 0.065 + 0.055 + 0.049 + 0.043 = $0.21 Mil.
Market Cap (Today) was $53.08 Mil.
Total Liabilities was $6.20 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
=(0.361 - 1.384)/11.104
=-0.0921

X2=Retained Earnings/Total Assets
=-30.122/11.104
=-2.7127

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.907 - -0.861)/11.104
=-0.2743

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=53.083/6.195
=8.5687

X5=Revenue/Total Assets
=0.212/11.104
=0.0191

The zones of discrimination were as such:

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

World Health Energy Holdings has a Altman Z-Score of 0.35 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 0.35 mean?
World Health Energy Holdings (WHEN) has a Altman Z-Score of 0.35 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on World Health Energy Holdings and its competitors. This is 89% below median its historical median of 3.12. According to the industry distribution chart, World Health Energy Holdings ranks #2255 out of 2763 companies in the Software industry, placing it in the top 81.6%.
Is World Health Energy Holdings' Altman Z-Score too high?
World Health Energy Holdings' current Altman Z-Score of 0.35 is 89% below median its 10-year median of 3.12. The Software industry median Altman Z-Score is 3.13. World Health Energy Holdings' value of 0.35 is 88.8% below this industry median. Based on the distribution chart, World Health Energy Holdings ranks #2255 out of 2763 companies in the Software industry, which is in the bottom quartile relative to peers.
How does World Health Energy Holdings' Altman Z-Score compare to AVX and EXYN?
According to the Software industry distribution chart, World Health Energy Holdings ranks #2255 out of 2763 companies for Altman Z-Score. This places World Health Energy Holdings in the lower half of its industry. The industry median Altman Z-Score is 3.13. World Health Energy Holdings' value of 0.35 is 88.8% below this benchmark. While the company's 10-year median is 3.12 vs. the industry median of 3.13, World Health Energy Holdings has consistently been below 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 a Software company?
The median Altman Z-Score among Software companies is 3.13, based on 2,763 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. World Health Energy Holdings's current Altman Z-Score of 0.35 is 88.8% below 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 World Health Energy Holdings and its competitors. For the Software industry, the median Altman Z-Score is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Health Energy Holdings's current Altman Z-Score is 0.35, which is 89% below median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Health Energy Holdings stock overvalued right now?
World Health Energy Holdings (WHEN) has a current Altman Z-Score of 0.35. The current Altman Z-Score is 0.35, which is 89% below median its 10-year median of 3.12 and 88.8% below the Software industry median of 3.13. 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 World Health Energy Holdings (WHEN), the current Altman Z-Score is 0.35 as of Jun. 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.

World Health Energy Holdings Business Description

Address 1825 NW Corporate Boulevard, Suite 110, Boca Raton, FL, USA, 33431
World Health Energy Holdings Inc is engaged in the telecom and cybersecurity technology field. Along with its subsidiaries, the company offers cybersecurity system software, AI-based image processing systems such as audio-video systems and security camera solutions, and public mobile telephone services in Europe. The company has two reportable segments: global telecom, and cybersecurity technology. It generates the majority of its revenue from the cybersecurity technology segment.