Reservoir Link Energy Bhd (XKLS:0219) Altman Z-Score: 0.57 (As of Jun. 29, 2026) — 80% Below Median


XKLS:0219 Reservoir Link Energy Bhd XKLS:0219
43 GF Score
Price RM0.27
GF Value RM0.14
Valuation Significantly Overvalued
! 13 Warning Signs
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What is Reservoir Link Energy Bhd Altman Z-Score?

Reservoir Link Energy Bhd XKLS:0219 -1.82% 43 Altman Z-Score is 0.57 as of Jun. 29, 2026, which is 80% below its 10-year median of 2.82. GuruFocus rates XKLS:0219 with a GF Score™ of 43/100 and a GF Value™ of RM0.14 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 900 Oil & Gas companies, Reservoir Link Energy Bhd ranks worse than 78.44% 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 0.58 is in distress zone. This implies bankruptcy possibility in the next two years.

Reservoir Link Energy Bhd has a Altman Z-Score of 0.57, 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 Reservoir Link Energy Bhd's Altman Z-Score or its related term are showing as below:

XKLS:0219' s Altman Z-Score Range Over the Past 10 Years
Min: 0.58   Med: 2.82   Max: 7.85
Current: 0.58

During the past 10 years, Reservoir Link Energy Bhd's highest Altman Z-Score was 7.85. The lowest was 0.58. And the median was 2.82.


Reservoir Link Energy Bhd  (XKLS:0219) 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.


Reservoir Link Energy Bhd Altman Z-Score Related Terms


Reservoir Link Energy Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Reservoir Link Energy Bhd'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.

Reservoir Link Energy Bhd Altman Z-Score Chart

Reservoir Link Energy Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.14 2.89 2.82 1.77 2.19

Reservoir Link Energy Bhd 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 3.49 2.19 2.09 0.65 0.59

XKLS:0219 vs SLB, BKR, HAL: Altman Z-Score Comparison

For the Oil & Gas Equipment & Services subindustry, Reservoir Link Energy Bhd'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.


Reservoir Link Energy Bhd Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reservoir Link Energy Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Reservoir Link Energy Bhd's Altman Z-Score falls into.


XKLS:0219
43GF Score
Reservoir Link Energy Bhd XKLS:0219
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Reservoir Link Energy Bhd 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.

Reservoir Link Energy Bhd'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*0.0817+1.4*0.2733+3.3*-0.2846+0.6*1.0593+1.0*0.388
=0.57

* 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 RM208.02 Mil.
Total Current Assets was RM65.96 Mil.
Total Current Liabilities was RM48.95 Mil.
Retained Earnings was RM56.85 Mil.
Pre-Tax Income was -9.672 + -3.888 + 1.003 + -50.912 = RM-63.47 Mil.
Interest Expense was -0.725 + -1.245 + -1.004 + -1.295 = RM-4.27 Mil.
Revenue was 15.747 + 13.998 + 25.388 + 25.588 = RM80.72 Mil.
Market Cap (Today) was RM99.74 Mil.
Total Liabilities was RM94.16 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
=(65.955 - 48.953)/208.024
=0.0817

X2=Retained Earnings/Total Assets
=56.853/208.024
=0.2733

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-63.469 - -4.269)/208.024
=-0.2846

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=99.741/94.16
=1.0593

X5=Revenue/Total Assets
=80.721/208.024
=0.388

The zones of discrimination were as such:

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

Reservoir Link Energy Bhd has a Altman Z-Score of 0.57 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 0.57 mean?
Reservoir Link Energy Bhd (XKLS:0219) has a Altman Z-Score of 0.57 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Reservoir Link Energy Bhd and its competitors. This is 80% below median its historical median of 2.82. Over the past decade, Reservoir Link Energy Bhd's Altman Z-Score has ranged from 0.58 to 7.85. According to the industry distribution chart, Reservoir Link Energy Bhd ranks #706 out of 900 companies in the Oil & Gas industry, placing it in the top 78.4%.
Is Reservoir Link Energy Bhd's Altman Z-Score too high?
Reservoir Link Energy Bhd's current Altman Z-Score of 0.57 is 80% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 7.85. The Oil & Gas industry median Altman Z-Score is 1.90. Reservoir Link Energy Bhd's value of 0.57 is 69.9% below this industry median. Based on the distribution chart, Reservoir Link Energy Bhd ranks #706 out of 900 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Reservoir Link Energy Bhd has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reservoir Link Energy Bhd's Altman Z-Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Reservoir Link Energy Bhd ranks #706 out of 900 companies for Altman Z-Score. This places Reservoir Link Energy Bhd in the lower half of its industry. The industry median Altman Z-Score is 1.90. Reservoir Link Energy Bhd's value of 0.57 is 69.9% below this benchmark. Historically, Reservoir Link Energy Bhd's own Altman Z-Score has ranged from 0.58 to 7.85 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 1.90, Reservoir Link Energy Bhd 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.90, based on 900 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. Reservoir Link Energy Bhd's current Altman Z-Score of 0.57 is 69.9% 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 Reservoir Link Energy Bhd and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reservoir Link Energy Bhd's current Altman Z-Score is 0.57, which is 80% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reservoir Link Energy Bhd stock overvalued right now?
Based on GuruFocus' analysis, Reservoir Link Energy Bhd (XKLS:0219) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.14, compared to a current price of RM0.27 — trading 92.9% above its estimated fair value. The current Altman Z-Score is 0.57, which is 80% below median its 10-year median of 2.82 and 69.9% below the Oil & Gas industry median of 1.90. Reservoir Link Energy Bhd's overall GF Score™ is 43/100 with 13 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 Reservoir Link Energy Bhd (XKLS:0219), the current Altman Z-Score is 0.57 as of Jun. 29, 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 Reservoir Link Energy Bhd (XKLS:0219) Overvalued in 2026?

Based on GuruFocus' analysis, Reservoir Link Energy Bhd stock appears to be overvalued. The current stock price of RM0.27 is trading 92.9% above its estimated GF Value™ of RM0.14. GuruFocus considers Reservoir Link Energy Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0219:

  • Altman Z-Score: 0.57 (80% below median its 10-year median of 2.82)
  • GF Value™: RM0.14 vs. price of RM0.27 (92.9% above fair value)
  • GF Score™: 43/100 with 13 warning signs
  • Industry Position: 69.9% below the Oil & Gas median (#706 of 900)

No single metric tells the full story. See the XKLS:0219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reservoir Link Energy Bhd Business Description

Industry EnergyOil & Gas
Address No. 2, Jalan Kerinchi, Gerbang Kerinchi, E-33-01, Menara SUEZCAP 2, KL Gateway, Lestari, Wilayah Persekutuan, Kuala Lumpur, MYS, 59200
Reservoir Link Energy Bhd is an investment holding company with three main segments. The oil and gas-related and other activities segment develops and provides oil and gas production, enhancement services, and sand management solutions. The renewable energy and related activities segment provides renewable energy services and related businesses. The wastewater treatment and related activities segment builds, owns, operates, and maintains wastewater treatment plants. The majority of revenue comes from the oil and gas segment. The company operates in Malaysia, Indonesia, Turkmenistan, and other locations, with the majority of revenue from Malaysia.
43GF Score

Get the complete analysis for XKLS:0219

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

RM0.27
Price
RM0.14
GF Value