ZEOX (Zeo ScientifiX) Altman Z-Score: -23.56 (As of Jun. 28, 2026)


ZEOX Zeo ScientifiX Inc ZEOX
50 GF Score
Price $1.75
GF Value $2.67
Valuation Possible Value Trap
! 4 Warning Signs
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What is Zeo ScientifiX Altman Z-Score?

Zeo ScientifiX ZEOX 50 Altman Z-Score is -23.56 as of Jun. 28, 2026. GuruFocus rates ZEOX with a GF Score™ of 50/100 and a GF Value™ of $2.67 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 933 Biotechnology companies, Zeo ScientifiX ranks worse than 93.46% 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.

Warning Sign:

Altman Z-score of -23.56 is in distress zone. This implies bankruptcy possibility in the next two years.

Zeo ScientifiX has a Altman Z-Score of -23.56, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Zeo ScientifiX's Altman Z-Score or its related term are showing as below:

ZEOX' s Altman Z-Score Range Over the Past 10 Years
Min: -429.66   Med: -47.39   Max: -9.22
Current: -23.56

During the past 13 years, Zeo ScientifiX's highest Altman Z-Score was -9.22. The lowest was -429.66. And the median was -47.39.


Zeo ScientifiX  (OTCPK:ZEOX) 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.


Zeo ScientifiX Altman Z-Score Related Terms


Zeo ScientifiX Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Zeo ScientifiX'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.

Zeo ScientifiX Altman Z-Score Chart

Zeo ScientifiX Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.19 -9.22 -33.93 -59.05 -69.35

Zeo ScientifiX Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -71.10 -65.73 -69.35 -37.95 -23.29

ZEOX vs LNAI, GDTC, HOOK: Altman Z-Score Comparison

For the Biotechnology subindustry, Zeo ScientifiX'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.


Zeo ScientifiX Altman Z-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Zeo ScientifiX's Altman Z-Score distribution charts can be found below:

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


ZEOX
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Zeo ScientifiX Inc ZEOX
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Zeo ScientifiX 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.

Zeo ScientifiX'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*0.0399+1.4*-17.6868+3.3*-0.9799+0.6*4.3214+1.0*1.798
=-23.56

* 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 Apr. 2026:
Total Assets was $3.89 Mil.
Total Current Assets was $3.27 Mil.
Total Current Liabilities was $3.11 Mil.
Retained Earnings was $-68.73 Mil.
Pre-Tax Income was -0.145 + -0.852 + -0.815 + -2.072 = $-3.88 Mil.
Interest Expense was -0.011 + -0.01 + -0.032 + -0.023 = $-0.08 Mil.
Revenue was 2.581 + 1.446 + 1.654 + 1.306 = $6.99 Mil.
Market Cap (Today) was $13.72 Mil.
Total Liabilities was $3.17 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
=(3.266 - 3.111)/3.886
=0.0399

X2=Retained Earnings/Total Assets
=-68.731/3.886
=-17.6868

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-3.884 - -0.076)/3.886
=-0.9799

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13.716/3.174
=4.3214

X5=Revenue/Total Assets
=6.987/3.886
=1.798

The zones of discrimination were as such:

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

Zeo ScientifiX has a Altman Z-Score of -23.56 indicating it is in Distress 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 -23.56 mean?
Zeo ScientifiX (ZEOX) has a Altman Z-Score of -23.56 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Zeo ScientifiX and its competitors. According to the industry distribution chart, Zeo ScientifiX ranks #872 out of 933 companies in the Biotechnology industry, placing it in the top 93.5%.
Is Zeo ScientifiX's Altman Z-Score too high?
Zeo ScientifiX's current Altman Z-Score is -23.56. Based on the distribution chart, Zeo ScientifiX ranks #872 out of 933 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Zeo ScientifiX has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeo ScientifiX's Altman Z-Score compare to LNAI and GDTC?
According to the Biotechnology industry distribution chart, Zeo ScientifiX ranks #872 out of 933 companies for Altman Z-Score. This places Zeo ScientifiX in the lower half of its industry. The industry median Altman Z-Score is 2.55. 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 Biotechnology company?
The median Altman Z-Score among Biotechnology companies is 2.55, based on 933 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. 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 Zeo ScientifiX and its competitors. For the Biotechnology industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeo ScientifiX's current Altman Z-Score is -23.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeo ScientifiX stock overvalued right now?
Based on GuruFocus' analysis, Zeo ScientifiX (ZEOX) is currently considered Possible Value Trap. The stock's GF Value™ is $2.67, compared to a current price of $1.75 — trading 34.5% below its estimated fair value. The current Altman Z-Score is -23.56. Zeo ScientifiX's overall GF Score™ is 50/100 with 4 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 Zeo ScientifiX (ZEOX), the current Altman Z-Score is -23.56 as of Jun. 28, 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.

Is Zeo ScientifiX (ZEOX) Overvalued in 2026?

Based on GuruFocus' analysis, Zeo ScientifiX stock appears to be undervalued. The current stock price of $1.75 is trading 34.5% below its estimated GF Value™ of $2.67. GuruFocus considers Zeo ScientifiX to be Possible Value Trap.

Key valuation signals for ZEOX:

  • Altman Z-Score: -23.56
  • GF Value™: $2.67 vs. price of $1.75 (34.5% below fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the ZEOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zeo ScientifiX Business Description

Address 3321 College Avenue, Suite 246, Davie, FL, USA, 33314
Zeo ScientifiX Inc is a clinical-stage biopharmaceutical company located inside Nova Southeastern University's Collaborative Center for Research in Davie, Florida. The Company is a clinical-stage biopharmaceutical company principally focusing on the development of biological therapeutics for the treatment of degenerative diseases and regenerative medicine. The Company's proprietary products, including Zofin, are derived from perinatal sources and manufactured to retain the naturally occurring extracellular vesicles, proteins and cell secreted nanoparticles and Patient Pure X (PPX ), an autologous biologic containing a nanoparticle fraction that is precipitated from a patient's own peripheral blood (RAAM Products).
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$1.75
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$2.67
GF Value