AB Igrene (XSAT:ABI) Altman Z-Score: 43.73 (As of Jul. 14, 2026) — 346% Above Median

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XSAT:ABI AB Igrene XSAT:ABI
32 GF Score
Price kr0.46
! 2 Warning Signs
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What is AB Igrene Altman Z-Score?

AB Igrene XSAT:ABI +2.00% 32 Altman Z-Score is 43.73 as of Jul. 14, 2026, which is 346% above its 10-year median of 9.81. GuruFocus rates XSAT:ABI with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 896 Oil & Gas companies, AB Igrene ranks better than 98.77% 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 42.85 is strong.

AB Igrene has a Altman Z-Score of 43.73, 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 AB Igrene's Altman Z-Score or its related term are showing as below:

XSAT:ABI' s Altman Z-Score Range Over the Past 10 Years
Min: -2.71   Med: 9.81   Max: 105.16
Current: 42.85

During the past 13 years, AB Igrene's highest Altman Z-Score was 105.16. The lowest was -2.71. And the median was 9.81.


AB Igrene  (XSAT:ABI) 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.


AB Igrene Altman Z-Score Related Terms


AB Igrene Altman Z-Score Historical Data

* Premium members only.

The historical data trend for AB Igrene'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.

AB Igrene Altman Z-Score Chart

AB Igrene Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -2.71 0.00 0.34 0.00

AB Igrene Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 26.97 19.25 0.00 0.00 86.01

XSAT:ABI vs COP, EOG, FANG: Altman Z-Score Comparison

For the Oil & Gas E&P subindustry, AB Igrene'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.


AB Igrene Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, AB Igrene's Altman Z-Score distribution charts can be found below:

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


XSAT:ABI
32GF Score
AB Igrene XSAT:ABI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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AB Igrene 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.

AB Igrene'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*0.0374+1.4*0+3.3*-0.2932+0.6*74.4159+1.0*0.0001
=43.73

* 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 Feb. 2026:
Total Assets was kr23.41 Mil.
Total Current Assets was kr1.85 Mil.
Total Current Liabilities was kr0.97 Mil.
Retained Earnings was kr0.00 Mil.
Pre-Tax Income was -1.862 + -1.663 + -1.357 + -2.01 = kr-6.89 Mil.
Interest Expense was -0.029 + 0 + 0 + 0 = kr-0.03 Mil.
Revenue was 0.002 + 0 + 0 + 0 = kr0.00 Mil.
Market Cap (Today) was kr72.11 Mil.
Total Liabilities was kr0.97 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
=(1.845 - 0.969)/23.405
=0.0374

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-6.892 - -0.029)/23.405
=-0.2932

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=72.109/0.969
=74.4159

X5=Revenue/Total Assets
=0.002/23.405
=0.0001

The zones of discrimination were as such:

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

AB Igrene has a Altman Z-Score of 43.73 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 43.73 mean?
AB Igrene (XSAT:ABI) has a Altman Z-Score of 43.73 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on AB Igrene and its competitors. This is 346% above median its historical median of 9.81. According to the industry distribution chart, AB Igrene ranks #11 out of 896 companies in the Oil & Gas industry, placing it in the top 1.2%.
Is AB Igrene's Altman Z-Score too high?
AB Igrene's current Altman Z-Score of 43.73 is 346% above median its 10-year median of 9.81. The Oil & Gas industry median Altman Z-Score is 1.92. AB Igrene's value of 43.73 is 2183.6% above this industry median. Based on the distribution chart, AB Igrene ranks #11 out of 896 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, AB Igrene has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does AB Igrene's Altman Z-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, AB Igrene ranks #11 out of 896 companies for Altman Z-Score. This places AB Igrene in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.92. AB Igrene's value of 43.73 is 2183.6% above this benchmark. While the company's 10-year median is 9.81 vs. the industry median of 1.92, AB Igrene 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.92, based on 896 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. AB Igrene's current Altman Z-Score of 43.73 is 2183.6% 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 AB Igrene and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AB Igrene's current Altman Z-Score is 43.73, which is 346% above median its own 10-year median of 9.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AB Igrene stock overvalued right now?
AB Igrene (XSAT:ABI) has a current Altman Z-Score of 43.73. The current Altman Z-Score is 43.73, which is 346% above median its 10-year median of 9.81 and 2183.6% above the Oil & Gas industry median of 1.92. AB Igrene's overall GF Score™ is 32/100 with 2 warning signs 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 AB Igrene (XSAT:ABI), the current Altman Z-Score is 43.73 as of Jul. 14, 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.

AB Igrene Business Description

Industry EnergyOil & Gas
Address Hananivagen 12, Mora, Dalarna, SWE, 792 35
AB Igrene explores for gas, oil and warm water. The company's exploration process contains many phases.
32GF Score

Get the complete analysis for XSAT:ABI

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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