Global Oriental Bhd (XKLS:1147) Altman Z-Score: 0.16 (As of Jul. 06, 2026) — 70% Below Median


What is Global Oriental Bhd Altman Z-Score?

Global Oriental Bhd XKLS:1147 -5.26% Altman Z-Score is 0.16 as of Jul. 06, 2026, which is 70% below its 10-year median of 0.53. The stock has 6 warning signs investors should review. Among 1,732 Real Estate companies, Global Oriental Bhd ranks worse than 86.55% 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 0.16 is in distress zone. This implies bankruptcy possibility in the next two years.

Global Oriental Bhd has a Altman Z-Score of 0.16, 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 Global Oriental Bhd's Altman Z-Score or its related term are showing as below:

XKLS:1147' s Altman Z-Score Range Over the Past 10 Years
Min: 0.16   Med: 0.53   Max: 1.39
Current: 0.16

During the past 13 years, Global Oriental Bhd's highest Altman Z-Score was 1.39. The lowest was 0.16. And the median was 0.53.


Global Oriental Bhd  (XKLS:1147) 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.


Global Oriental Bhd Altman Z-Score Related Terms


Global Oriental Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Global Oriental 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.

Global Oriental Bhd Altman Z-Score Chart

Global Oriental Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.54 0.24 0.29 0.17

Global Oriental 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 0.29 0.12 0.24 0.22 0.17

Global Oriental Bhd Altman Z-Score Competitor Comparison

For the Real Estate - Development subindustry, Global Oriental 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.


Global Oriental Bhd Altman Z-Score vs Real Estate Industry

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

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



Global Oriental 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.

Global Oriental 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*-0.1496+1.4*0+3.3*0.0261+0.6*0.0873+1.0*0.2047
=0.16

* 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 RM741.5 Mil.
Total Current Assets was RM217.0 Mil.
Total Current Liabilities was RM327.9 Mil.
Retained Earnings was RM0.0 Mil.
Pre-Tax Income was 6.24 + 2.401 + 2.904 + -3.518 = RM8.0 Mil.
Interest Expense was -3.801 + -2.265 + -2.554 + -2.695 = RM-11.3 Mil.
Revenue was 44.614 + 33.459 + 41.032 + 32.664 = RM151.8 Mil.
Market Cap (Today) was RM43.2 Mil.
Total Liabilities was RM494.6 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
=(217 - 327.908)/741.523
=-0.1496

X2=Retained Earnings/Total Assets
=0/741.523
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(8.027 - -11.315)/741.523
=0.0261

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=43.194/494.641
=0.0873

X5=Revenue/Total Assets
=151.769/741.523
=0.2047

The zones of discrimination were as such:

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

Global Oriental Bhd has a Altman Z-Score of 0.16 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 0.16 mean?
Global Oriental Bhd (XKLS:1147) has a Altman Z-Score of 0.16 as of Jul. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Global Oriental Bhd and its competitors. This is 70% below median its historical median of 0.53. Over the past decade, Global Oriental Bhd's Altman Z-Score has ranged from 0.16 to 1.39. According to the industry distribution chart, Global Oriental Bhd ranks #1499 out of 1732 companies in the Real Estate industry, placing it in the top 86.5%.
Is Global Oriental Bhd's Altman Z-Score too high?
Global Oriental Bhd's current Altman Z-Score of 0.16 is 70% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.39. The Real Estate industry median Altman Z-Score is 1.31. Global Oriental Bhd's value of 0.16 is 87.8% below this industry median. Based on the distribution chart, Global Oriental Bhd ranks #1499 out of 1732 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Global Oriental Bhd's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Global Oriental Bhd ranks #1499 out of 1732 companies for Altman Z-Score. This places Global Oriental Bhd in the lower half of its industry. The industry median Altman Z-Score is 1.31. Global Oriental Bhd's value of 0.16 is 87.8% below this benchmark. Historically, Global Oriental Bhd's own Altman Z-Score has ranged from 0.16 to 1.39 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.31, Global Oriental 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 a Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.31, based on 1,732 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. Global Oriental Bhd's current Altman Z-Score of 0.16 is 87.8% 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 Global Oriental 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. Global Oriental Bhd's current Altman Z-Score is 0.16, which is 70% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Oriental Bhd stock overvalued right now?
Based on GuruFocus' analysis, Global Oriental Bhd (XKLS:1147) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.09 — trading 10% below its estimated fair value. The current Altman Z-Score is 0.16, which is 70% below median its 10-year median of 0.53 and 87.8% below 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 Global Oriental Bhd (XKLS:1147), the current Altman Z-Score is 0.16 as of Jul. 06, 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.

Global Oriental Bhd Business Description

Address Persiaran Equine Perdana, Taman Equine, G1-08, Galleria 2, Seri Kembangan, SGR, MYS, 43300
Global Oriental Bhd is an investment holding company. It is engaged in property development. Its township developments comprise mixed residential and commercial township developments in the Klang Valley and Penang. Its operating segments are Property development, Carpark operations, Trading and distribution, Investment holding, and Others. It generates the majority of its revenue from Property development, which provides the Development of residential and commercial properties. It group currently operates in Malaysia only.