Aktiebolaget Gotland Art & Design (XSAT:GAD) Altman Z-Score: 3.54 (As of Jul. 02, 2026)


XSAT:GAD Aktiebolaget Gotland Art & Design XSAT:GAD
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What is Aktiebolaget Gotland Art & Design Altman Z-Score?

Aktiebolaget Gotland Art & Design XSAT:GAD 13 Altman Z-Score is 3.54 as of Jul. 02, 2026. GuruFocus rates XSAT:GAD with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 426 Furnishings, Fixtures & Appliances companies, Aktiebolaget Gotland Art & Design ranks worse than 234741.55% 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.

Aktiebolaget Gotland Art & Design has a Altman Z-Score of 3.54, 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 Aktiebolaget Gotland Art & Design's Altman Z-Score or its related term are showing as below:


Aktiebolaget Gotland Art & Design  (XSAT:GAD) 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.


Aktiebolaget Gotland Art & Design Altman Z-Score Related Terms


Aktiebolaget Gotland Art & Design Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Aktiebolaget Gotland Art & Design'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.

Aktiebolaget Gotland Art & Design Altman Z-Score Chart

Aktiebolaget Gotland Art & Design Annual Data
Trend Dec24 Dec25
Altman Z-Score
0.00 0.00

Aktiebolaget Gotland Art & Design Quarterly Data
Sep24 Dec24 Sep25 Dec25 Mar26
Altman Z-Score 0.00 0.00 0.00 0.00 0.00

XSAT:GAD vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Aktiebolaget Gotland Art & Design'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.


Aktiebolaget Gotland Art & Design Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Aktiebolaget Gotland Art & Design's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Aktiebolaget Gotland Art & Design's Altman Z-Score falls into.


XSAT:GAD
13GF Score
Aktiebolaget Gotland Art & Design XSAT:GAD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Aktiebolaget Gotland Art & Design 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.

Aktiebolaget Gotland Art & Design'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*0.5044+1.4*0+3.3*-0.0384+0.6*2.8925+1.0*1.324
=3.54

* 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 kr17.42 Mil.
Total Current Assets was kr15.42 Mil.
Total Current Liabilities was kr6.63 Mil.
Retained Earnings was kr0.00 Mil.
Pre-Tax Income was -1.271 + 0.197 + 0.598 + -0.032 = kr-0.51 Mil.
Interest Expense was -0.071 + -0.05 + -0.096 + 0.378 = kr0.16 Mil.
Revenue was 5.376 + 5.258 + 4.147 + 8.289 = kr23.07 Mil.
Market Cap (Today) was kr20.58 Mil.
Total Liabilities was kr7.12 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
=(15.423 - 6.634)/17.424
=0.5044

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.508 - 0.161)/17.424
=-0.0384

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=20.580/7.115
=2.8925

X5=Revenue/Total Assets
=23.07/17.424
=1.324

The zones of discrimination were as such:

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

Aktiebolaget Gotland Art & Design has a Altman Z-Score of 3.54 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 3.54 mean?
Aktiebolaget Gotland Art & Design (XSAT:GAD) has a Altman Z-Score of 3.54 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aktiebolaget Gotland Art & Design and its competitors. According to the industry distribution chart, Aktiebolaget Gotland Art & Design ranks #999999 out of 426 companies in the Furnishings, Fixtures & Appliances industry.
Is Aktiebolaget Gotland Art & Design's Altman Z-Score too high?
Aktiebolaget Gotland Art & Design's current Altman Z-Score is 3.54. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.78. Aktiebolaget Gotland Art & Design's value of 3.54 is 27.6% above this industry median. Based on the distribution chart, Aktiebolaget Gotland Art & Design ranks #999999 out of 426 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Aktiebolaget Gotland Art & Design has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Aktiebolaget Gotland Art & Design's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Aktiebolaget Gotland Art & Design ranks #999999 out of 426 companies for Altman Z-Score. This places Aktiebolaget Gotland Art & Design in the lower half of its industry. The industry median Altman Z-Score is 2.78. Aktiebolaget Gotland Art & Design's value of 3.54 is 27.6% 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.78, based on 426 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. Aktiebolaget Gotland Art & Design's current Altman Z-Score of 3.54 is 27.6% 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 Aktiebolaget Gotland Art & Design and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aktiebolaget Gotland Art & Design's current Altman Z-Score is 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aktiebolaget Gotland Art & Design stock overvalued right now?
Aktiebolaget Gotland Art & Design (XSAT:GAD) has a current Altman Z-Score of 3.54. The current Altman Z-Score is 3.54 and 27.6% above the Furnishings, Fixtures & Appliances industry median of 2.78. Aktiebolaget Gotland Art & Design's overall GF Score™ is 13/100 with 3 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 Aktiebolaget Gotland Art & Design (XSAT:GAD), the current Altman Z-Score is 3.54 as of Jul. 02, 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.

Aktiebolaget Gotland Art & Design Business Description

Address Klosterbrunnsgatan 1, Visby, SWE, 621 56
Aktiebolaget Gotland Art & Design is a swedish design company engaged in manufacturing furniture in local, solid natural materials such as oak, birch, and Gotland Limestone.
13GF Score

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