DUKMF (Duketon Mining) Altman Z2-Score: 36.48 (As of Jun. 30, 2026) — 65% Above Median


DUKMF Duketon Mining Ltd DUKMF
31 GF Score
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What is Duketon Mining Altman Z2-Score?

Duketon Mining DUKMF 31 Altman Z2-Score is 36.48 as of Jun. 30, 2026, which is 65% above its 10-year median of 22.05. GuruFocus rates DUKMF with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,614 Metals & Mining companies, Duketon Mining ranks better than 89.29% 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:

Duketon Mining has a Altman Z2-Score of 36.48, 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 Duketon Mining's Altman Z2-Score or its related term are showing as below:

DUKMF' s Altman Z2-Score Range Over the Past 10 Years
Min: -1.96   Med: 22.05   Max: 115.41
Current: 36.41

During the past 11 years, Duketon Mining's highest Altman Z2-Score was 115.41. The lowest was -1.96. And the median was 22.05.


Duketon Mining  (OTCPK:DUKMF) 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.


Duketon Mining Altman Z2-Score Related Terms


Duketon Mining Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Duketon Mining'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.

Duketon Mining Altman Z2-Score Chart

Duketon Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.35 25.47 21.50 35.73 36.41

Duketon Mining 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 0.00 35.73 0.00 36.41 0.00

Duketon Mining Altman Z2-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Duketon Mining'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.


Duketon Mining Altman Z2-Score vs Metals & Mining Industry

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

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


DUKMF
31GF Score
Duketon Mining Ltd DUKMF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Duketon Mining 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.

Duketon Mining'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*0.9582+3.26*-1.1501+6.72*-0.0464+1.05*32.6207
=36.48

* 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 Jun. 2025:
Total Assets was $7.80 Mil.
Total Current Assets was $7.70 Mil.
Total Current Liabilities was $0.23 Mil.
Retained Earnings was $-8.97 Mil.
Pre-Tax Income was $-0.37 Mil.
Interest Expense was $-0.00 Mil.
Total Liabilities was $0.23 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
=(7.699 - 0.225)/7.8
=0.9582

X2=Retained Earnings/Total Assets
=-8.971/7.8
=-1.1501

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.365 - -0.003)/7.8
=-0.0464

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(7.568 - 0)/0.232
=32.6207

The zones of discrimination were as such:

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

Duketon Mining has a Altman Z2-Score of 36.48 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 36.48 mean?
Duketon Mining (DUKMF) has a Altman Z2-Score of 36.48 as of Jun. 30, 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 Duketon Mining and its competitors. This is 65% above median its historical median of 22.05. According to the industry distribution chart, Duketon Mining ranks #280 out of 2614 companies in the Metals & Mining industry, placing it in the top 10.7%.
Is Duketon Mining's Altman Z2-Score too high?
Duketon Mining's current Altman Z2-Score of 36.48 is 65% above median its 10-year median of 22.05. The Metals & Mining industry median Altman Z2-Score is 2.16. Duketon Mining's value of 36.48 is 1592.8% above this industry median. Based on the distribution chart, Duketon Mining ranks #280 out of 2614 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Duketon Mining has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Duketon Mining's Altman Z2-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Duketon Mining ranks #280 out of 2614 companies for Altman Z2-Score. This places Duketon Mining in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.16. Duketon Mining's value of 36.48 is 1592.8% above this benchmark. While the company's 10-year median is 22.05 vs. the industry median of 2.16, Duketon Mining 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 2.16, based on 2,614 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. Duketon Mining's current Altman Z2-Score of 36.48 is 1592.8% 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 Duketon Mining and its competitors. For the Metals & Mining industry, the median Altman Z2-Score is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duketon Mining's current Altman Z2-Score is 36.48, which is 65% above median its own 10-year median of 22.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duketon Mining stock overvalued right now?
Duketon Mining (DUKMF) has a current Altman Z2-Score of 36.48. The current Altman Z2-Score is 36.48, which is 65% above median its 10-year median of 22.05 and 1592.8% above the Metals & Mining industry median of 2.16. Duketon Mining's overall GF Score™ is 31/100 with 1 warning sign to review. 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 Duketon Mining (DUKMF), the current Altman Z2-Score is 36.48 as of Jun. 30, 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.

Duketon Mining Business Description

Other Exchanges DKN:GermanyDKM:Australia
Address 25 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Duketon Mining Ltd is a mineral exploration company engaged in the exploration and evaluation of mineral resources. The company focuses on the exploration of different commodities, including gold, lithium, nickel, base metals, uranium, rare earths, and iron ore. Its projects include the Duketon Project comprising C2, Somerset, and Rosie deposits, and the Barlee, Stephens, Rosie, Killarney, and Doris projects. The company operates in one segment, the mining exploration sector in Australia.
31GF Score

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