Inspace Creation Bhd (XKLS:0451) Altman Z-Score: 6.11 (As of Jun. 25, 2026)


XKLS:0451 Inspace Creation Bhd XKLS:0451
18 GF Score
Price RM0.23
! 1 Warning Sign
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What is Inspace Creation Bhd Altman Z-Score?

Inspace Creation Bhd XKLS:0451 18 Altman Z-Score is 6.11 as of Jun. 25, 2026. GuruFocus rates XKLS:0451 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 1,758 Construction companies, Inspace Creation Bhd ranks worse than 56882.76% 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.

Inspace Creation Bhd has a Altman Z-Score of 6.11, 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 Inspace Creation Bhd's Altman Z-Score or its related term are showing as below:


Inspace Creation Bhd  (XKLS:0451) 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.


Inspace Creation Bhd Altman Z-Score Related Terms


Inspace Creation Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Inspace Creation 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.

Inspace Creation Bhd Altman Z-Score Chart

Inspace Creation Bhd Annual Data
Trend Nov22 Nov23 Nov24 Nov25
Altman Z-Score
0.00 0.00 0.00 0.00

Inspace Creation Bhd Semi-Annual Data
Nov22 Nov23 Nov24 Nov25
Altman Z-Score 0.00 0.00 0.00 0.00

XKLS:0451 vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Inspace Creation 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.


Inspace Creation Bhd Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Inspace Creation Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Inspace Creation Bhd's Altman Z-Score falls into.


XKLS:0451
18GF Score
Inspace Creation Bhd XKLS:0451
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Inspace Creation 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.

Inspace Creation 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*0.5222+1.4*0.2257+3.3*0.247+0.6*4.5125+1.0*1.6459
=6.11

* 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 Nov. 2025:
Total Assets was RM47.76 Mil.
Total Current Assets was RM40.99 Mil.
Total Current Liabilities was RM16.06 Mil.
Retained Earnings was RM10.78 Mil.
Pre-Tax Income was RM11.42 Mil.
Interest Expense was RM-0.38 Mil.
Revenue was RM78.60 Mil.
Market Cap (Today) was RM83.09 Mil.
Total Liabilities was RM18.41 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
=(40.991 - 16.055)/47.756
=0.5222

X2=Retained Earnings/Total Assets
=10.78/47.756
=0.2257

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(11.419 - -0.376)/47.756
=0.247

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=83.093/18.414
=4.5125

X5=Revenue/Total Assets
=78.603/47.756
=1.6459

The zones of discrimination were as such:

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

Inspace Creation Bhd has a Altman Z-Score of 6.11 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 6.11 mean?
Inspace Creation Bhd (XKLS:0451) has a Altman Z-Score of 6.11 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Inspace Creation Bhd and its competitors. According to the industry distribution chart, Inspace Creation Bhd ranks #999999 out of 1758 companies in the Construction industry.
Is Inspace Creation Bhd's Altman Z-Score too high?
Inspace Creation Bhd's current Altman Z-Score is 6.11. The Construction industry median Altman Z-Score is 2.35. Inspace Creation Bhd's value of 6.11 is 160.6% above this industry median. Based on the distribution chart, Inspace Creation Bhd ranks #999999 out of 1758 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Inspace Creation Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Inspace Creation Bhd's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Inspace Creation Bhd ranks #999999 out of 1758 companies for Altman Z-Score. This places Inspace Creation Bhd in the lower half of its industry. The industry median Altman Z-Score is 2.35. Inspace Creation Bhd's value of 6.11 is 160.6% above this benchmark. 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 Construction company?
The median Altman Z-Score among Construction companies is 2.35, based on 1,758 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. Inspace Creation Bhd's current Altman Z-Score of 6.11 is 160.6% 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 Inspace Creation Bhd and its competitors. For the Construction industry, the median Altman Z-Score is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inspace Creation Bhd's current Altman Z-Score is 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inspace Creation Bhd stock overvalued right now?
Inspace Creation Bhd (XKLS:0451) has a current Altman Z-Score of 6.11. The current Altman Z-Score is 6.11 and 160.6% above the Construction industry median of 2.35. Inspace Creation Bhd's overall GF Score™ is 18/100 with 1 warning sign 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 Inspace Creation Bhd (XKLS:0451), the current Altman Z-Score is 6.11 as of Jun. 25, 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.

Inspace Creation Bhd Business Description

Inspace Creation Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the provision of interior fitting-out services, which include project planning and management, design conceptualisation and build as well as servicing and maintenance works. The company's offerings include project planning and management, design, construction, and maintenance works. Its services are focused on commercial offices and related spaces. It operates in a single industry segment of interior fitting-out services, including project management. The company's revenue was derived entirely from the provision of interior fitting-out services. Geographically, it operates predominantly in Malaysia.
18GF Score

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

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