HIGH WIRE NETWORKS, INC. Altman Z-Score
HWNI|Modified Z-Score (book value) based on FY2024 data
HIGH WIRE NETWORKS, INC.'s Altman Z-Score of -10.89 places the company in the "distress zone" used by the Altman model (below 1.23) for FY2024.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -10.89 (distress zone, below 1.23 threshold)
- Accrual-heavy earnings: Net income significantly exceeds operating cash flow
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 FY2024 10-K filings.
5-Factor Decomposition
Working Capital / Total Assets
- Ratio
- -1.076
- Weight
- 0.717
- Contribution
- -0.771
Retained Earnings / Total Assets
- Ratio
- -8.110
- Weight
- 0.847
- Contribution
- -6.869
EBIT / Total Assets
- Ratio
- -1.478
- Weight
- 3.107
- Contribution
- -4.593
Book Equity / Total Liabilities
- Ratio
- -0.242
- Weight
- 0.420
- Contribution
- -0.102
Revenue / Total Assets
- Ratio
- 1.448
- Weight
- 0.998
- Contribution
- 1.445
| Component | Ratio | Weight | Contribution |
|---|---|---|---|
| Working Capital / Total Assets | -1.076 | 0.717 | -0.771 |
| Retained Earnings / Total Assets | -8.110 | 0.847 | -6.869 |
| EBIT / Total Assets | -1.478 | 3.107 | -4.593 |
| Book Equity / Total Liabilities | -0.242 | 0.420 | -0.102 |
| Revenue / Total Assets | 1.448 | 0.998 | 1.445 |
| Total Z-Score | -10.89 | ||
As of FY2024 · SEC Form 10-K · Last checked Jun 29, 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.