ZONE (CleanCore Solutions) Altman Z-Score: -6.89 (As of Aug. 21, 2026)

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ZONE CleanCore Solutions Inc ZONE
11 GF Score
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! 3 Warning Signs
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What is CleanCore Solutions Altman Z-Score?

CleanCore Solutions ZONE -1.43% 11 Altman Z-Score is -6.89 as of Aug. 21, 2026. GuruFocus rates ZONE with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 3,008 Industrial Products companies, CleanCore Solutions ranks worse than 98.27% 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 -6.85 is in distress zone. This implies bankruptcy possibility in the next two years.

CleanCore Solutions has a Altman Z-Score of -6.89, 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 CleanCore Solutions's Altman Z-Score or its related term are showing as below:

ZONE' s Altman Z-Score Range Over the Past 10 Years
Min: -6.85   Med: -1.54   Max: 16.59
Current: -6.85

During the past 5 years, CleanCore Solutions's highest Altman Z-Score was 16.59. The lowest was -6.85. And the median was -1.54.


CleanCore Solutions  (AMEX:ZONE) 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.


CleanCore Solutions Altman Z-Score Related Terms


CleanCore Solutions Altman Z-Score Historical Data

* Premium members only.

The historical data trend for CleanCore Solutions'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.

CleanCore Solutions Altman Z-Score Chart

CleanCore Solutions Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
0.00 0.00 0.00 1.30 -1.96

CleanCore Solutions Quarterly Data
Jun21 Jun22 Oct22 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 -2.72 -1.96 16.59 -1.24 -3.19

ZONE vs ARQ, FTEK, SCWO: Altman Z-Score Comparison

For the Pollution & Treatment Controls subindustry, CleanCore Solutions'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.


CleanCore Solutions Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, CleanCore Solutions's Altman Z-Score distribution charts can be found below:

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


ZONE
11GF Score
CleanCore Solutions Inc ZONE
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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CleanCore Solutions 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.

CleanCore Solutions'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*0.181+1.4*-2.2015+3.3*-2.1496+0.6*5.0319+1.0*0.0462
=-6.89

* 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 $73.85 Mil.
Total Current Assets was $20.26 Mil.
Total Current Liabilities was $6.90 Mil.
Retained Earnings was $-162.58 Mil.
Pre-Tax Income was -37.265 + -104.36 + -13.368 + -4.072 = $-159.07 Mil.
Interest Expense was 0 + 0 + -0.133 + -0.183 = $-0.32 Mil.
Revenue was 0.544 + 1.069 + 0.905 + 0.893 = $3.41 Mil.
Market Cap (Today) was $35.49 Mil.
Total Liabilities was $7.05 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
=(20.262 - 6.897)/73.85
=0.181

X2=Retained Earnings/Total Assets
=-162.579/73.85
=-2.2015

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-159.065 - -0.316)/73.85
=-2.1496

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=35.485/7.052
=5.0319

X5=Revenue/Total Assets
=3.411/73.85
=0.0462

The zones of discrimination were as such:

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

CleanCore Solutions has a Altman Z-Score of -6.89 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 -6.89 mean?
CleanCore Solutions (ZONE) has a Altman Z-Score of -6.89 as of Aug. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on CleanCore Solutions and its competitors. According to the industry distribution chart, CleanCore Solutions ranks #2956 out of 3008 companies in the Industrial Products industry, placing it in the top 98.3%.
Is CleanCore Solutions' Altman Z-Score too high?
CleanCore Solutions' current Altman Z-Score is -6.89. Based on the distribution chart, CleanCore Solutions ranks #2956 out of 3008 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, CleanCore Solutions has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does CleanCore Solutions' Altman Z-Score compare to ARQ and FTEK?
According to the Industrial Products industry distribution chart, CleanCore Solutions ranks #2956 out of 3008 companies for Altman Z-Score. This places CleanCore Solutions in the lower half of its industry. The industry median Altman Z-Score is 3.28. 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 Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.28, based on 3,008 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 CleanCore Solutions and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CleanCore Solutions's current Altman Z-Score is -6.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CleanCore Solutions stock overvalued right now?
CleanCore Solutions (ZONE) has a current Altman Z-Score of -6.89. The current Altman Z-Score is -6.89. CleanCore Solutions' overall GF Score™ is 11/100 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 CleanCore Solutions (ZONE), the current Altman Z-Score is -6.89 as of Aug. 21, 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.

CleanCore Solutions Business Description

Address 5920 South 118th Circle, Suite 2, Omaha, NE, USA, 68137
CleanCore Solutions Inc engages in the development and manufacturing of cleaning products that produce pure aqueous ozone for professional, industrial, or home use. The firm has a patented nanobubble technology using aqueous ozone that is effective in cleaning, sanitizing, and deodorizing surfaces and high-touch areas. The company offers products and solutions that are marketed for janitorial and sanitation, ice machine cleaning, laundry, and industrial industries. Its products are used in many types of environments including retail establishments, distribution centers, factories, warehouses, restaurants, schools and universities, airports, healthcare, food service, and commercial buildings such as offices, malls, and stores.
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