Can anyone explain why the Altman Z score is negative -2.2. The rest of the companies metrics look very good and it has a high Stockopedia Score.
It’s driven by the market value of equity over book value of liabilities being a negative number which I think is because because the net debt value is negative. I’ve raised the issue before on a different share but not had a reply.
SharePad has it’s Altman Z as 3.4.