ALBAF (Arkadian Strategic Metals) Altman Z2-Score: 13.18 (As of Jun. 25, 2026) — Near Median


What is Arkadian Strategic Metals Altman Z2-Score?

Arkadian Strategic Metals ALBAF Altman Z2-Score is 13.18 as of Jun. 25, 2026, which is 7% below its 10-year median of 14.15. Among 2,618 Metals & Mining companies, Arkadian Strategic Metals ranks better than 77.58% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Arkadian Strategic Metals has a Altman Z2-Score of 13.18, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Arkadian Strategic Metals's Altman Z2-Score or its related term are showing as below:

ALBAF' s Altman Z2-Score Range Over the Past 10 Years
Min: 3.24   Med: 14.15   Max: 43.67
Current: 13.17

During the past 13 years, Arkadian Strategic Metals's highest Altman Z2-Score was 43.67. The lowest was 3.24. And the median was 14.15.


Arkadian Strategic Metals  (OTCPK:ALBAF) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Arkadian Strategic Metals Altman Z2-Score Related Terms


Arkadian Strategic Metals Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Arkadian Strategic Metals's Altman Z2-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arkadian Strategic Metals Altman Z2-Score Chart

Arkadian Strategic Metals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.81 16.68 43.67 26.96 13.17

Arkadian Strategic Metals Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.67 0.00 26.96 0.00 13.17

Arkadian Strategic Metals Altman Z2-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Arkadian Strategic Metals's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arkadian Strategic Metals Altman Z2-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arkadian Strategic Metals's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Arkadian Strategic Metals's Altman Z2-Score falls into.



Arkadian Strategic Metals Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Arkadian Strategic Metals's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.0052+3.26*-1.4933+6.72*-0.1905+1.05*18.378
=13.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Nov. 2025:
Total Assets was $10.41 Mil.
Total Current Assets was $0.59 Mil.
Total Current Liabilities was $0.54 Mil.
Retained Earnings was $-15.54 Mil.
Pre-Tax Income was $-1.98 Mil.
Interest Expense was $0.00 Mil.
Total Liabilities was $0.54 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(0.591 - 0.537)/10.406
=0.0052

X2=Retained Earnings/Total Assets
=-15.539/10.406
=-1.4933

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.982 - 0)/10.406
=-0.1905

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(9.869 - 0)/0.537
=18.378

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Arkadian Strategic Metals has a Altman Z2-Score of 13.18 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 13.18 mean?
Arkadian Strategic Metals (ALBAF) has a Altman Z2-Score of 13.18 as of Jun. 25, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Arkadian Strategic Metals and its competitors. This is near median its historical median of 14.15. Over the past decade, Arkadian Strategic Metals' Altman Z2-Score has ranged from 3.24 to 43.67. According to the industry distribution chart, Arkadian Strategic Metals ranks #587 out of 2618 companies in the Metals & Mining industry, placing it in the top 22.4%.
Is Arkadian Strategic Metals' Altman Z2-Score too high?
Arkadian Strategic Metals' current Altman Z2-Score of 13.18 is near median its 10-year median of 14.15. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 43.67. The Metals & Mining industry median Altman Z2-Score is 2.14. Arkadian Strategic Metals' value of 13.18 is 517.3% above this industry median. Based on the distribution chart, Arkadian Strategic Metals ranks #587 out of 2618 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Arkadian Strategic Metals' Altman Z2-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Arkadian Strategic Metals ranks #587 out of 2618 companies for Altman Z2-Score. This places Arkadian Strategic Metals in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.14. Arkadian Strategic Metals' value of 13.18 is 517.3% above this benchmark. Historically, Arkadian Strategic Metals' own Altman Z2-Score has ranged from 3.24 to 43.67 over the past decade. While the company's 10-year median is 14.15 vs. the industry median of 2.14, Arkadian Strategic Metals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a Metals & Mining company?
The median Altman Z2-Score among Metals & Mining companies is 2.14, based on 2,618 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arkadian Strategic Metals's current Altman Z2-Score of 13.18 is 517.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Arkadian Strategic Metals and its competitors. For the Metals & Mining industry, the median Altman Z2-Score is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arkadian Strategic Metals's current Altman Z2-Score is 13.18, which is near median its own 10-year median of 14.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arkadian Strategic Metals stock overvalued right now?
Arkadian Strategic Metals (ALBAF) has a current Altman Z2-Score of 13.18. The current Altman Z2-Score is 13.18, which is near median its 10-year median of 14.15 and 517.3% above the Metals & Mining industry median of 2.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Arkadian Strategic Metals (ALBAF), the current Altman Z2-Score is 13.18 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arkadian Strategic Metals Business Description

Other Exchanges AKN:UK
Address C/O Arch Law Limited, Huckletree Bishopsgate, 8 Bishopsgate, London, GBR, EC2N 4BQ
Arkadian Strategic Metals PLC comprises gold, graphite, rare earth, and ilmenite projects in northern Europe (the United Kingdom, Greenland, and Sweden). Its focus is on unearthing hidden value from previously drilled or mined projects such as the Clogau-St David's gold mine in Wales, and the Amitsoq Graphite Project in Greenland. At the same time, it is also continuing to pursue complementary earlier-stage opportunities, such as the Finnsbo Rare Earth and Gold Project in Sweden. The group's gold projects are Clogau-St David's Gold Mine, Gwynfynydd Gold Mine, and Dolgellau Gold Belt. Its Critical Raw Materials are Motzfeldt Critical Metals Project, Finnsbo Gold-Rare Earths, and GreenRoc.