Gold Li Holdings Bhd (XKLS:0452) Altman Z-Score: 1.87 (As of Jul. 12, 2026)


What is Gold Li Holdings Bhd Altman Z-Score?

Gold Li Holdings Bhd XKLS:0452 Altman Z-Score is 1.87 as of Jul. 12, 2026. The stock has 3 warning signs investors should review. Among 1,734 Real Estate companies, Gold Li Holdings Bhd ranks better than 66.84% 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 1.87 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Gold Li Holdings Bhd has a Altman Z-Score of 1.87, indicating it is in Grey Zones. This implies that Gold Li Holdings Bhd is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Gold Li Holdings Bhd's Altman Z-Score or its related term are showing as below:

XKLS:0452' s Altman Z-Score Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.87
Current: 1.87

During the past 3 years, Gold Li Holdings Bhd's highest Altman Z-Score was 1.87. The lowest was 0.00. And the median was 0.00.


Gold Li Holdings Bhd  (XKLS:0452) 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.


Gold Li Holdings Bhd Altman Z-Score Related Terms


Gold Li Holdings Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Gold Li Holdings 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.

Gold Li Holdings Bhd Altman Z-Score Chart

Gold Li Holdings Bhd Annual Data
Trend Jan23 Jan24 Jan25
Altman Z-Score
0.00 0.00 0.00

Gold Li Holdings Bhd Semi-Annual Data
Jan23 Jan24 Jan25
Altman Z-Score 0.00 0.00 0.00

Gold Li Holdings Bhd Altman Z-Score Competitor Comparison

For the Real Estate - Development subindustry, Gold Li Holdings 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.


Gold Li Holdings Bhd Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Gold Li Holdings Bhd's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Gold Li Holdings Bhd's Altman Z-Score falls into.



Gold Li Holdings 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.

Gold Li Holdings 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*0.2796+1.4*0.5034+3.3*0.0571+0.6*0.5449+1.0*0.3161
=1.87

* 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 Jan. 2025:
Total Assets was RM205.72 Mil.
Total Current Assets was RM132.38 Mil.
Total Current Liabilities was RM74.85 Mil.
Retained Earnings was RM103.57 Mil.
Pre-Tax Income was RM10.61 Mil.
Interest Expense was RM-1.13 Mil.
Revenue was RM65.03 Mil.
Market Cap (Today) was RM54.00 Mil.
Total Liabilities was RM99.10 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
=(132.375 - 74.85)/205.715
=0.2796

X2=Retained Earnings/Total Assets
=103.566/205.715
=0.5034

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(10.611 - -1.134)/205.715
=0.0571

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=54.000/99.099
=0.5449

X5=Revenue/Total Assets
=65.026/205.715
=0.3161

The zones of discrimination were as such:

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

Gold Li Holdings Bhd has a Altman Z-Score of 1.87 indicating it is in Grey 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 1.87 mean?
Gold Li Holdings Bhd (XKLS:0452) has a Altman Z-Score of 1.87 as of Jul. 12, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Gold Li Holdings Bhd and its competitors. According to the industry distribution chart, Gold Li Holdings Bhd ranks #575 out of 1734 companies in the Real Estate industry, placing it in the top 33.2%.
Is Gold Li Holdings Bhd's Altman Z-Score too high?
Gold Li Holdings Bhd's current Altman Z-Score is 1.87. The Real Estate industry median Altman Z-Score is 1.31. Gold Li Holdings Bhd's value of 1.87 is 42.7% above this industry median. Based on the distribution chart, Gold Li Holdings Bhd ranks #575 out of 1734 companies in the Real Estate industry, which is above the industry midpoint.
How does Gold Li Holdings Bhd's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Gold Li Holdings Bhd ranks #575 out of 1734 companies for Altman Z-Score. This puts Gold Li Holdings Bhd in the upper half of its industry. The industry median Altman Z-Score is 1.31. Gold Li Holdings Bhd's value of 1.87 is 42.7% 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,734 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. Gold Li Holdings Bhd's current Altman Z-Score of 1.87 is 42.7% 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 Gold Li Holdings Bhd and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Li Holdings Bhd's current Altman Z-Score is 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Li Holdings Bhd stock overvalued right now?
Gold Li Holdings Bhd (XKLS:0452) has a current Altman Z-Score of 1.87. The current Altman Z-Score is 1.87 and 42.7% above the Real Estate industry median of 1.31. 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 Gold Li Holdings Bhd (XKLS:0452), the current Altman Z-Score is 1.87 as of Jul. 12, 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.

Gold Li Holdings Bhd Business Description

Address 1201-6, Jalan Perniagaan Jaya 5, Pusat Perniagaan Mas Jaya, Muar, JHR, MYS, 84000
Gold Li Holdings Bhd is principally engaged in investment holding and provision of management services. Through its subsidiaries, the company is a property developer, specialising in the development of landed residential properties, located in the districts of Muar, Tangkak and Batu Pahat in the state of Johor, Malaysia. Its residential property developments comprise terrace, semi-detached and detached houses. The company operates predominantly in one business segment in Malaysia, namely property developer which comprises development of residential and commercial properties. Its revenue is mainly derived from the sale of ongoing property developments and completed developments.