Xanadu Quantum TechnologiesXNDU -0.80%9 Altman Z-Score is 47.40 as of Jul. 09, 2026, which is 44% above its 10-year median of 32.83. GuruFocus rates XNDU with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 2,762 Software companies, Xanadu Quantum Technologies ranks better than 98.59% 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.
Good Sign:
Altman Z-score of 49.85 is strong.
Xanadu Quantum Technologies has a Altman Z-Score of 47.40, 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 Xanadu Quantum Technologies's Altman Z-Score or its related term are showing as below:
XNDU'
s Altman Z-Score Range Over the Past 10 Years
Min: 32.83 Med: 32.83 Max: 49.85
Current: 49.85
During the past 3 years, Xanadu Quantum Technologies's highest Altman Z-Score was 49.85. The lowest was 32.83. And the median was 32.83.
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.
* 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.
XNDU vs MSFT, ORCL, PLTR: Altman Z-Score Comparison
For the Software - Infrastructure subindustry, Xanadu Quantum Technologies'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.
Xanadu Quantum Technologies Altman Z-Score vs Software Industry
For the Software industry and Technology sector, Xanadu Quantum Technologies's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Xanadu Quantum Technologies's Altman Z-Score falls into.
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.
* 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.
Xanadu Quantum Technologies (XNDU) has a Altman Z-Score of 47.40 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Xanadu Quantum Technologies and its competitors. This is 44% above median its historical median of 32.83. Over the past decade, Xanadu Quantum Technologies' Altman Z-Score has ranged from 32.83 to 49.85. According to the industry distribution chart, Xanadu Quantum Technologies ranks #39 out of 2762 companies in the Software industry, placing it in the top 1.4%.
Is Xanadu Quantum Technologies' Altman Z-Score too high?
Xanadu Quantum Technologies' current Altman Z-Score of 47.40 is 44% above median its 10-year median of 32.83. Over the past 10 years, this metric has ranged from a low of 32.83 to a high of 49.85. The Software industry median Altman Z-Score is 3.18. Xanadu Quantum Technologies' value of 47.40 is 1392.9% above this industry median. Based on the distribution chart, Xanadu Quantum Technologies ranks #39 out of 2762 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Xanadu Quantum Technologies has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Xanadu Quantum Technologies' Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Xanadu Quantum Technologies ranks #39 out of 2762 companies for Altman Z-Score. This places Xanadu Quantum Technologies in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.18. Xanadu Quantum Technologies' value of 47.40 is 1392.9% above this benchmark. Historically, Xanadu Quantum Technologies' own Altman Z-Score has ranged from 32.83 to 49.85 over the past decade. While the company's 10-year median is 32.83 vs. the industry median of 3.18, Xanadu Quantum Technologies has consistently been above 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 Software company?
The median Altman Z-Score among Software companies is 3.18, based on 2,762 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. Xanadu Quantum Technologies's current Altman Z-Score of 47.40 is 1392.9% 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 Xanadu Quantum Technologies and its competitors. For the Software industry, the median Altman Z-Score is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xanadu Quantum Technologies's current Altman Z-Score is 47.40, which is 44% above median its own 10-year median of 32.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xanadu Quantum Technologies stock overvalued right now?
Xanadu Quantum Technologies (XNDU) has a current Altman Z-Score of 47.40. The current Altman Z-Score is 47.40, which is 44% above median its 10-year median of 32.83 and 1392.9% above the Software industry median of 3.18. Xanadu Quantum Technologies' overall GF Score™ is 9/100 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 Xanadu Quantum Technologies (XNDU), the current Altman Z-Score is 47.40 as of Jul. 09, 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.
Xanadu Quantum Technologies Ltd specializes in designing photonic devices and the platforms around them, including the experimentation and development of quantum computers available on the cloud with supporting software, along with quantum simulators and other related products and offerings. Its products include: Aurora, PennyLane, Catalyst, Lightning, Catalyst and PennyLane Codebook. The company operates in industries such as automotive, aerospace, energy, materials, and semiconductor sectors.
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