Bluejay Diagnostics, Inc. Altman Z-Score
BJDX|Modified Z-Score (book value) based on FY2023 data
Bluejay Diagnostics, Inc.'s Altman Z-Score of -10.44 places the company in the "distress zone" used by the Altman model (below 1.23) for FY2023.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -10.44 (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
Distress Zone (< 1.23)
The score is below the 1.23 boundary used in the Altman model.
The Altman Z-Score uses 5 financial ratios. Learn more
Components: book value of equity, working capital, retained earnings, EBIT, and revenue-to-assets — all derived from SEC FY2023 10-K filings.
5-Factor Decomposition
Working Capital / Total Assets
- Ratio
- 0.298
- Weight
- 0.717
- Contribution
- 0.213
Retained Earnings / Total Assets
- Ratio
- -5.536
- Weight
- 0.847
- Contribution
- -4.689
EBIT / Total Assets
- Ratio
- -2.118
- Weight
- 3.107
- Contribution
- -6.580
Book Equity / Total Liabilities
- Ratio
- 1.467
- Weight
- 0.420
- Contribution
- 0.616
Revenue / Total Assets
- Ratio
- -
- Weight
- 0.998
- Contribution
- -
| Component | Ratio | Weight | Contribution |
|---|---|---|---|
| Working Capital / Total Assets | 0.298 | 0.717 | 0.213 |
| Retained Earnings / Total Assets | -5.536 | 0.847 | -4.689 |
| EBIT / Total Assets | -2.118 | 3.107 | -6.580 |
| Book Equity / Total Liabilities | 1.467 | 0.420 | 0.616 |
| Revenue / Total Assets | - | 0.998 | - |
| Total Z-Score | -10.44 | ||
As of FY2023 · SEC Form 10-K · Last checked Jun 22, 2026
Z-Score Zones
Safe Zone - score above the 2.9 boundary used in the Altman model.
Grey Zone - score between the 1.23 and 2.9 boundaries used in the Altman model.
Distress Zone - score below the 1.23 boundary used in the Altman model.