Hopium (XPAR:ALHPI) Altman Z-Score: 15.38 (As of Jul. 19, 2026)

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What is Hopium Altman Z-Score?

Hopium XPAR:ALHPI -2.17% Altman Z-Score is 15.38 as of Jul. 19, 2026. The stock has 3 warning signs investors should review. Among 1,314 Vehicles & Parts companies, Hopium ranks better than 97.11% 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 15.38 is strong.

Hopium has a Altman Z-Score of 15.38, 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 Hopium's Altman Z-Score or its related term are showing as below:

XPAR:ALHPI' s Altman Z-Score Range Over the Past 10 Years
Min: -33.11   Med: -11.16   Max: 15.4
Current: 15.38

During the past 6 years, Hopium's highest Altman Z-Score was 15.40. The lowest was -33.11. And the median was -11.16.


Hopium  (XPAR:ALHPI) 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.


Hopium Altman Z-Score Related Terms


Hopium Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Hopium'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.

Hopium Altman Z-Score Chart

Hopium Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 -4.44 -33.11 -17.88 15.40

Hopium Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -33.11 0.00 -17.88 0.00 15.40

XPAR:ALHPI vs TSLA, GM, F: Altman Z-Score Comparison

For the Auto Manufacturers subindustry, Hopium'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.


Hopium Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hopium's Altman Z-Score distribution charts can be found below:

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



Hopium 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.

Hopium'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*-0.1941+1.4*3.3093+3.3*3.297+0.6*0.0844+1.0*0.0491
=15.38

* 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 Dec. 2025:
Total Assets was €3.65 Mil.
Total Current Assets was €2.90 Mil.
Total Current Liabilities was €3.61 Mil.
Retained Earnings was €12.07 Mil.
Pre-Tax Income was €11.66 Mil.
Interest Expense was €-0.36 Mil.
Revenue was €0.18 Mil.
Market Cap (Today) was €1.72 Mil.
Total Liabilities was €20.35 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
=(2.903 - 3.611)/3.647
=-0.1941

X2=Retained Earnings/Total Assets
=12.069/3.647
=3.3093

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(11.66 - -0.364)/3.647
=3.297

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1.717/20.347
=0.0844

X5=Revenue/Total Assets
=0.179/3.647
=0.0491

The zones of discrimination were as such:

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

Hopium has a Altman Z-Score of 15.38 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 15.38 mean?
Hopium (XPAR:ALHPI) has a Altman Z-Score of 15.38 as of Jul. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Hopium and its competitors. According to the industry distribution chart, Hopium ranks #38 out of 1314 companies in the Vehicles & Parts industry, placing it in the top 2.9%.
Is Hopium's Altman Z-Score too high?
Hopium's current Altman Z-Score is 15.38. The Vehicles & Parts industry median Altman Z-Score is 2.54. Hopium's value of 15.38 is 505.5% above this industry median. Based on the distribution chart, Hopium ranks #38 out of 1314 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers.
How does Hopium's Altman Z-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Hopium ranks #38 out of 1314 companies for Altman Z-Score. This places Hopium in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.54. Hopium's value of 15.38 is 505.5% 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.54, based on 1,314 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. Hopium's current Altman Z-Score of 15.38 is 505.5% 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 Hopium and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hopium's current Altman Z-Score is 15.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hopium stock overvalued right now?
Hopium (XPAR:ALHPI) has a current Altman Z-Score of 15.38. The current Altman Z-Score is 15.38 and 505.5% above the Vehicles & Parts industry median of 2.54. 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 Hopium (XPAR:ALHPI), the current Altman Z-Score is 15.38 as of Jul. 19, 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.

Hopium Business Description

Other Exchanges 05B0:Germany
Address 54/56 Avenue Hoche, Paris, FRA, 75008
Hopium SA is specialized in the construction of high-end hydrogen powered vehicles.