ANTMF (Antilles Gold) Altman Z2-Score: 7.52 (As of Jun. 29, 2026)


What is Antilles Gold Altman Z2-Score?

Antilles Gold ANTMF +7.03% Altman Z2-Score is 7.52 as of Jun. 29, 2026. The stock has 5 warning signs investors should review. Among 2,615 Metals & Mining companies, Antilles Gold ranks better than 69.64% 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:

Antilles Gold has a Altman Z2-Score of 7.52, 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 Antilles Gold's Altman Z2-Score or its related term are showing as below:

ANTMF' s Altman Z2-Score Range Over the Past 10 Years
Min: -12.91   Med: -6.05   Max: 7.51
Current: 7.51

During the past 13 years, Antilles Gold's highest Altman Z2-Score was 7.51. The lowest was -12.91. And the median was -6.05.


Antilles Gold  (OTCPK:ANTMF) 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.


Antilles Gold Altman Z2-Score Related Terms


Antilles Gold Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Antilles Gold'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.

Antilles Gold Altman Z2-Score Chart

Antilles Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.64 -11.05 -9.95 -1.96 7.51

Antilles Gold Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -9.95 0.00 -1.96 0.00 7.51

ANTMF vs NEM, AU: Altman Z2-Score Comparison

For the Gold subindustry, Antilles Gold'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.


Antilles Gold Altman Z2-Score vs Metals & Mining Industry

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

* The bar in red indicates where Antilles Gold's Altman Z2-Score falls into.



Antilles Gold 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.

Antilles Gold'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*0.1649+3.26*-4.5129+6.72*0.0525+1.05*19.8042
=7.52

* 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 Dec. 2025:
Total Assets was $21.03 Mil.
Total Current Assets was $3.99 Mil.
Total Current Liabilities was $0.52 Mil.
Retained Earnings was $-94.93 Mil.
Pre-Tax Income was $1.10 Mil.
Interest Expense was $-0.00 Mil.
Total Liabilities was $1.01 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
=(3.985 - 0.516)/21.034
=0.1649

X2=Retained Earnings/Total Assets
=-94.925/21.034
=-4.5129

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.101 - -0.003)/21.034
=0.0525

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(20.022 - 0)/1.011
=19.8042

The zones of discrimination were as such:

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

Antilles Gold has a Altman Z2-Score of 7.52 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.52 mean?
Antilles Gold (ANTMF) has a Altman Z2-Score of 7.52 as of Jun. 29, 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 Antilles Gold and its competitors. According to the industry distribution chart, Antilles Gold ranks #794 out of 2615 companies in the Metals & Mining industry, placing it in the top 30.4%.
Is Antilles Gold's Altman Z2-Score too high?
Antilles Gold's current Altman Z2-Score is 7.52. The Metals & Mining industry median Altman Z2-Score is 2.14. Antilles Gold's value of 7.52 is 251.4% above this industry median. Based on the distribution chart, Antilles Gold ranks #794 out of 2615 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Antilles Gold's Altman Z2-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Antilles Gold ranks #794 out of 2615 companies for Altman Z2-Score. This puts Antilles Gold in the upper half of its industry. The industry median Altman Z2-Score is 2.14. Antilles Gold's value of 7.52 is 251.4% above this benchmark. 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 2,615 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. Antilles Gold's current Altman Z2-Score of 7.52 is 251.4% 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 Antilles Gold 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. Antilles Gold's current Altman Z2-Score is 7.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antilles Gold stock overvalued right now?
Antilles Gold (ANTMF) has a current Altman Z2-Score of 7.52. The current Altman Z2-Score is 7.52 and 251.4% 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 Antilles Gold (ANTMF), the current Altman Z2-Score is 7.52 as of Jun. 29, 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.

Antilles Gold Business Description

Other Exchanges PTJ:GermanyAAU:Australia
Address 55 Kirkham Road, Bowral, Sydney, NSW, AUS, 2576
Antilles Gold Ltd is engaged in the exploration of gold and other metal deposits. The company is engaged in the development of the La Demajagua Gold/Silver Project and the Las Lagunas Project. The group's main operating segments. are the Las Lagunas project, its Albion/CIL plant design, and the Cuban projects. The company generates the majority of its revenue from the Las Lagunas Project. Geographically, the company has a presence in the Dominican Republic, Cuba, and Australia.