Marwynn Holdings, Inc.
MWYN Consumer Cyclical Furnishings Fixtures & Appliances
In the quarter to July 2026, revenue grew 2,540.2%, EPS grew 96.6%, free cash flow fell 245.6% and total debt rose 3,069.2%, each against the same quarter a year earlier.
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Marwynn Holdings, Inc. (MWYN) Altman Z-score
Marwynn Holdings, Inc.'s Altman Z-score for fiscal 2026 is 10.41, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 10.41 | 8.34 |
| FY2025 | 2.07 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.81 | — | 0.98 | |
| Retained earnings / total assets | (2.62) | — | −3.67 | |
| EBIT / total assets | (1.09) | — | −3.60 | |
| Market value of equity / total liabilities | 25.49 | — | 15.29 | |
| Sales / total assets | 1.41 | — | 1.41 | |
| Altman Z-score | Safe zone | 10.41 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −4.20 | ||
Z and Z″ put Marwynn Holdings, Inc. in different zones: safe zone by Z, distress 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 |
|---|---|
| MWYN Marwynn Holdings, Inc. | 10.4× |
| HOFT Hooker Furnishings Corp. compare | 3.6× |
| KEQU Kewaunee Scientific Corporation compare | 3.4× |
| VIRC Virco Manufacturing Corporation compare | 2.6× |
| VIOT Viomi Technology Co., Ltd. Sponsored ADR compare | 2.5× |
| CRWS Crown Crafts, Inc. compare | 2.2× |
| FGI FGI Industries Ltd. compare | 2.0× |
| COOK Traeger, Inc. compare | −0.9× |
| EFOI Energy Focus, Inc. compare | −34.1× |
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