SkyeChip Bhd (XKLS:5357) Altman Z-Score: 432.30 (As of Jun. 26, 2026)


XKLS:5357 SkyeChip Bhd XKLS:5357
19 GF Score
Price RM3.03
! 1 Warning Sign
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What is SkyeChip Bhd Altman Z-Score?

SkyeChip Bhd XKLS:5357 +2.02% 19 Altman Z-Score is 432.30 as of Jun. 26, 2026. GuruFocus rates XKLS:5357 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,015 Semiconductors companies, SkyeChip Bhd ranks worse than 98522.07% 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.

SkyeChip Bhd has a Altman Z-Score of 432.30, 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 SkyeChip Bhd's Altman Z-Score or its related term are showing as below:


SkyeChip Bhd  (XKLS:5357) 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.


SkyeChip Bhd Altman Z-Score Related Terms


SkyeChip Bhd Altman Z-Score Historical Data

* Premium members only.

The historical data trend for SkyeChip 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.

SkyeChip Bhd Altman Z-Score Chart

SkyeChip Bhd Annual Data
Trend Mar23 Mar24 Mar25
Altman Z-Score
0.00 0.00 0.00

SkyeChip Bhd Semi-Annual Data
Mar23 Mar24 Mar25
Altman Z-Score 0.00 0.00 0.00

XKLS:5357 vs NVDA, AVGO, MU: Altman Z-Score Comparison

For the Semiconductors subindustry, SkyeChip 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.


SkyeChip Bhd Altman Z-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SkyeChip Bhd's Altman Z-Score distribution charts can be found below:

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


XKLS:5357
19GF Score
SkyeChip Bhd XKLS:5357
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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SkyeChip 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.

SkyeChip 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*0.6087+1.4*0.7023+3.3*0.2777+0.6*714.6264+1.0*0.8922
=432.30

* 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. 2025:
Total Assets was RM133.9 Mil.
Total Current Assets was RM85.5 Mil.
Total Current Liabilities was RM4.0 Mil.
Retained Earnings was RM94.1 Mil.
Pre-Tax Income was RM37.0 Mil.
Interest Expense was RM-0.2 Mil.
Revenue was RM119.5 Mil.
Market Cap (Today) was RM5,441.9 Mil.
Total Liabilities was RM7.6 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
=(85.547 - 4.014)/133.945
=0.6087

X2=Retained Earnings/Total Assets
=94.07/133.945
=0.7023

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(36.999 - -0.2)/133.945
=0.2777

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5441.880/7.615
=714.6264

X5=Revenue/Total Assets
=119.503/133.945
=0.8922

The zones of discrimination were as such:

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

SkyeChip Bhd has a Altman Z-Score of 432.30 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 432.30 mean?
SkyeChip Bhd (XKLS:5357) has a Altman Z-Score of 432.30 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on SkyeChip Bhd and its competitors. According to the industry distribution chart, SkyeChip Bhd ranks #999999 out of 1015 companies in the Semiconductors industry.
Is SkyeChip Bhd's Altman Z-Score too high?
SkyeChip Bhd's current Altman Z-Score is 432.30. The Semiconductors industry median Altman Z-Score is 5.54. SkyeChip Bhd's value of 432.30 is 7703.2% above this industry median. Based on the distribution chart, SkyeChip Bhd ranks #999999 out of 1015 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, SkyeChip Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does SkyeChip Bhd's Altman Z-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, SkyeChip Bhd ranks #999999 out of 1015 companies for Altman Z-Score. This places SkyeChip Bhd in the lower half of its industry. The industry median Altman Z-Score is 5.54. SkyeChip Bhd's value of 432.30 is 7703.2% 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 Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.54, based on 1,015 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. SkyeChip Bhd's current Altman Z-Score of 432.30 is 7703.2% 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 SkyeChip Bhd and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SkyeChip Bhd's current Altman Z-Score is 432.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SkyeChip Bhd stock overvalued right now?
SkyeChip Bhd (XKLS:5357) has a current Altman Z-Score of 432.30. The current Altman Z-Score is 432.30 and 7703.2% above the Semiconductors industry median of 5.54. SkyeChip Bhd's overall GF Score™ is 19/100 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 SkyeChip Bhd (XKLS:5357), the current Altman Z-Score is 432.30 as of Jun. 26, 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.

SkyeChip Bhd Business Description

Address 1-18-12 Suntech, Penang Cybercity, Lintang Mayang Pasir 3, Bayan Baru, PNG, MYS, 11950
SkyeChip Bhd is principally involved in IC design specialising in silicon IPs and silicon products including custom ASIC. It provides licensable silicon IPs to the customers to integrate into their IC products. The company also designs and develops custom ASIC products tailored to meet specific customer requirements, delivering semiconductor chips that are optimised for a specific application rather than for general-purpose use. The company has only one reportable business segment which relates principally to the provision of semiconductor intellectual property, integrated circuit manufacturing, software design and development and engineering consultation. Its geographical segments include Malaysia and Singapore, with the majority of revenue generated from Malaysia.
19GF 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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