Eastern International Ltd.
ELOG Industrials Integrated Freight & Logistics
Eastern International Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $45.6 million, up 14.0% from fiscal 2025. Insiders bought in the last twelve months.
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Eastern International Ltd. (ELOG) Altman Z-score
Eastern International Ltd.'s Altman Z-score for fiscal 2026 is 2.20, in the grey zone (1.81–2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 2.20 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.35 | — | 0.42 | |
| Retained earnings / total assets | 0.06 | — | 0.09 | |
| EBIT / total assets | (0.03) | — | −0.11 | |
| Market value of equity / total liabilities | 0.65 | — | 0.39 | |
| Sales / total assets | 1.41 | — | 1.41 | |
| Altman Z-score | Grey zone | 2.20 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 3.20 | ||
Z and Z″ put Eastern International Ltd. in different zones: grey zone by Z, safe zone by Z″.
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| SLGB Smart Logistics Global Limited compare | 7.4× |
| ELOG Eastern International Ltd. | 2.2× |
| SFWL Shengfeng Development Limited compare | 2.2× |
| JYD Jayud Global Logistics Limited compare | 1.8× |
| BTOC Armlogi Holding Corp. compare | 1.6× |
| ATXG Addentax Group Corp. compare | 0.3× |
| CRGO Freightos Limited compare | −1.7× |
| QNME Quanome Technologies, Inc. compare | −2.0× |
| CJMB Callan JMB Inc. compare | −4.3× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets