Roma Green Finance Limited

ROMA Industrials Consulting Services

Roma Green Finance Limited’s revenue for fiscal 2026 (year ended March 2026) was $1.2 million, down 22.2% from fiscal 2025.

8.02 0.32 −3.84%
Market cap
$496.8M
P/E
—
Fwd P/E
—
Dividend yield
—
F-score
3/9
Altman Z
339.22
Beneish M
2.00
Dividend safety
n/a

Roma Green Finance Limited (ROMA) Altman Z-score

Alert me on Altman Z-score

Roma Green Finance Limited's Altman Z-score for fiscal 2026 is 339.22, 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 339.22 315.95
FY2025 23.27 15.40
FY2024 7.87 —

How fiscal 2026’s score is made up

Component This year Year before Result Points
Working capital / total assets 0.78 — 0.94
Retained earnings / total assets (0.81) — −1.13
EBIT / total assets (0.38) — −1.27
Market value of equity / total liabilities 567.60 — 340.56
Sales / total assets 0.12 — 0.12
Altman Z-score Safe zone 339.22
Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) Safe zone 27.58

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 zoneabove 2.99above 2.60
Grey zone1.81–2.991.10–2.60
Distress zonebelow 1.81below 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

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

The full definition of Altman Z-score →

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