BNB PLUS CORP. Altman Z-Score
BNBX|Modified Z-Score (book value) based on FY2019 data
BNB PLUS CORP.'s Altman Z-Score of -67.56 places the company in the "distress zone" used by the Altman model (below 1.23) for FY2019.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -67.56 (distress zone, below 1.23 threshold)
- 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 FY2019 10-K filings.
5-Factor Decomposition
Working Capital / Total Assets
- Ratio
- -0.028
- Weight
- 0.717
- Contribution
- -0.020
Retained Earnings / Total Assets
- Ratio
- -72.041
- Weight
- 0.847
- Contribution
- -61.018
EBIT / Total Assets
- Ratio
- -2.560
- Weight
- 3.107
- Contribution
- -7.953
Book Equity / Total Liabilities
- Ratio
- -0.191
- Weight
- 0.420
- Contribution
- -0.080
Revenue / Total Assets
- Ratio
- 1.512
- Weight
- 0.998
- Contribution
- 1.509
| Component | Ratio | Weight | Contribution |
|---|---|---|---|
| Working Capital / Total Assets | -0.028 | 0.717 | -0.020 |
| Retained Earnings / Total Assets | -72.041 | 0.847 | -61.018 |
| EBIT / Total Assets | -2.560 | 3.107 | -7.953 |
| Book Equity / Total Liabilities | -0.191 | 0.420 | -0.080 |
| Revenue / Total Assets | 1.512 | 0.998 | 1.509 |
| Total Z-Score | -67.56 | ||
As of FY2019 · 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.