Blick Global Group AB (XSAT:BLICK) Altman Z-Score: 6.05 (As of Jul. 09, 2026) — 1063% Above Median


XSAT:BLICK Blick Global Group AB XSAT:BLICK
35 GF Score
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What is Blick Global Group AB Altman Z-Score?

Blick Global Group AB XSAT:BLICK -1.19% 35 Altman Z-Score is 6.05 as of Jul. 09, 2026, which is 1063% above its 10-year median of 0.52. GuruFocus rates XSAT:BLICK with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 834 Travel & Leisure companies, Blick Global Group AB ranks better than 85.49% 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 6.09 is strong.

Blick Global Group AB has a Altman Z-Score of 6.05, 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 Blick Global Group AB's Altman Z-Score or its related term are showing as below:

XSAT:BLICK' s Altman Z-Score Range Over the Past 10 Years
Min: -36.65   Med: 0.52   Max: 130.08
Current: 6.09

During the past 12 years, Blick Global Group AB's highest Altman Z-Score was 130.08. The lowest was -36.65. And the median was 0.52.


Blick Global Group AB  (XSAT:BLICK) 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.


Blick Global Group AB Altman Z-Score Related Terms


Blick Global Group AB Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Blick Global Group AB'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.

Blick Global Group AB Altman Z-Score Chart

Blick Global Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.40 -0.86 -21.56 -36.65 -8.58

Blick Global Group AB 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 10.05 24.55 130.08 -8.58 6.37

XSAT:BLICK vs FLUT, DKNG, SGHC: Altman Z-Score Comparison

For the Gambling subindustry, Blick Global Group AB'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.


Blick Global Group AB Altman Z-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Blick Global Group AB's Altman Z-Score distribution charts can be found below:

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


XSAT:BLICK
35GF Score
Blick Global Group AB XSAT:BLICK
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Blick Global Group AB 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.

Blick Global Group AB'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*0.3469+1.4*-0.039+3.3*0.6338+0.6*5.9922+1.0*0.0044
=6.05

* 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 kr19.55 Mil.
Total Current Assets was kr6.84 Mil.
Total Current Liabilities was kr0.06 Mil.
Retained Earnings was kr-0.76 Mil.
Pre-Tax Income was -0.928 + 9.636 + 3.624 + 0.061 = kr12.39 Mil.
Interest Expense was 0 + 0 + 0 + 0 = kr0.00 Mil.
Revenue was 0 + 0.087 + 0 + 0 = kr0.09 Mil.
Market Cap (Today) was kr11.52 Mil.
Total Liabilities was kr1.92 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
=(6.843 - 0.06)/19.553
=0.3469

X2=Retained Earnings/Total Assets
=-0.762/19.553
=-0.039

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(12.393 - 0)/19.553
=0.6338

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=11.523/1.923
=5.9922

X5=Revenue/Total Assets
=0.087/19.553
=0.0044

The zones of discrimination were as such:

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

Blick Global Group AB has a Altman Z-Score of 6.05 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 6.05 mean?
Blick Global Group AB (XSAT:BLICK) has a Altman Z-Score of 6.05 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Blick Global Group AB and its competitors. This is 1063% above median its historical median of 0.52. According to the industry distribution chart, Blick Global Group AB ranks #121 out of 834 companies in the Travel & Leisure industry, placing it in the top 14.5%.
Is Blick Global Group AB's Altman Z-Score too high?
Blick Global Group AB's current Altman Z-Score of 6.05 is 1063% above median its 10-year median of 0.52. The Travel & Leisure industry median Altman Z-Score is 2.01. Blick Global Group AB's value of 6.05 is 201% above this industry median. Based on the distribution chart, Blick Global Group AB ranks #121 out of 834 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Blick Global Group AB has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Blick Global Group AB's Altman Z-Score compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Blick Global Group AB ranks #121 out of 834 companies for Altman Z-Score. This places Blick Global Group AB in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.01. Blick Global Group AB's value of 6.05 is 201% above this benchmark. While the company's 10-year median is 0.52 vs. the industry median of 2.01, Blick Global Group AB 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 Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 2.01, based on 834 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. Blick Global Group AB's current Altman Z-Score of 6.05 is 201% 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 Blick Global Group AB and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blick Global Group AB's current Altman Z-Score is 6.05, which is 1063% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blick Global Group AB stock overvalued right now?
Blick Global Group AB (XSAT:BLICK) has a current Altman Z-Score of 6.05. The current Altman Z-Score is 6.05, which is 1063% above median its 10-year median of 0.52 and 201% above the Travel & Leisure industry median of 2.01. Blick Global Group AB's overall GF Score™ is 35/100 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 Blick Global Group AB (XSAT:BLICK), the current Altman Z-Score is 6.05 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.

Blick Global Group AB Business Description

Address Birger Jarlsgatan 20, 4tr, Stockholm, SWE, 114 34
Blick Global Group AB through its subsidiaries invests in internet-based games and online casinos.
35GF 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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