Wearable Devices Ltd.
WLDS Technology Consumer Electronics
Wearable Devices Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $647,000.00, up 23.9% from fiscal 2024. Revenue growth for three consecutive years.
Follow WLDS
Wearable Devices Ltd. (WLDS) Altman Z-score
Wearable Devices Ltd.'s Altman Z-score for fiscal 2025 is −1.09, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | −1.09 | 8.47 |
| FY2024 | −9.56 | (4.50) |
| FY2023 | −5.06 | (5.12) |
| FY2022 | 0.06 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.91 | — | 1.09 | |
| Retained earnings / total assets | (1.86) | — | −2.61 | |
| EBIT / total assets | (0.42) | — | −1.38 | |
| Market value of equity / total liabilities | 2.95 | — | 1.77 | |
| Sales / total assets | 0.03 | — | 0.03 | |
| Altman Z-score | Distress zone | −1.09 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 10.64 | ||
Z and Z″ put Wearable Devices Ltd. in different zones: distress 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 |
|---|---|
| KOSS Koss Corporation compare | 5.1× |
| FEBO Fenbo Holdings Limited compare | 3.2× |
| MSN Emerson Radio Corporation compare | 1.4× |
| ZEPP Zepp Health Corporation Sponsored ADR compare | 1.0× |
| GMEX Fitell Corporation compare | −0.2× |
| WLDS Wearable Devices Ltd. | −1.1× |
| BOXL Boxlight Corporation compare | −1.3× |
| RIME Algorhythm Holdings, Inc. compare | −9.4× |
| FOXX Foxx Development Holdings Inc. compare | −9.5× |
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