Infinity Natural Resources (FRA:A2G) Altman Z2-Score: 0.69 (As of Jun. 29, 2026) — 54% Below Median


FRA:A2G Infinity Natural Resources Inc FRA:A2G
17 GF Score
Price €10.90
! 2 Warning Signs
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What is Infinity Natural Resources Altman Z2-Score?

Infinity Natural Resources FRA:A2G -1.80% 17 Altman Z2-Score is 0.69 as of Jun. 29, 2026, which is 54% below its 10-year median of 1.49. GuruFocus rates FRA:A2G with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 1,015 Oil & Gas companies, Infinity Natural Resources ranks worse than 65.91% 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.

Warning Sign:

Infinity Natural Resources has a Altman Z2-Score of 0.69, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Infinity Natural Resources's Altman Z2-Score or its related term are showing as below:

FRA:A2G' s Altman Z2-Score Range Over the Past 10 Years
Min: -1.36   Med: 1.49   Max: 3.16
Current: 0.7

During the past 4 years, Infinity Natural Resources's highest Altman Z2-Score was 3.16. The lowest was -1.36. And the median was 1.49.


Infinity Natural Resources  (FRA:A2G) 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.


Infinity Natural Resources Altman Z2-Score Related Terms


Infinity Natural Resources Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Infinity Natural Resources'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.

Infinity Natural Resources Altman Z2-Score Chart

Infinity Natural Resources Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
0.00 2.74 1.49 1.89

Infinity Natural Resources Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.36 -0.50 0.89 1.89 0.70

FRA:A2G vs GTE, REI, PNRG: Altman Z2-Score Comparison

For the Oil & Gas E&P subindustry, Infinity Natural Resources'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.


Infinity Natural Resources Altman Z2-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Infinity Natural Resources's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Infinity Natural Resources's Altman Z2-Score falls into.


FRA:A2G
17GF Score
Infinity Natural Resources Inc FRA:A2G
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Infinity Natural Resources 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.

Infinity Natural Resources'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*-0.0123+3.26*-0.0045+6.72*0.0913+1.05*0.1645
=0.69

* 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 Mar. 2026:
Total Assets was €1,816.1 Mil.
Total Current Assets was €153.7 Mil.
Total Current Liabilities was €176.1 Mil.
Retained Earnings was €-8.1 Mil.
Pre-Tax Income was -5.788 + 67.835 + 31.21 + 61.873 = €155.1 Mil.
Interest Expense was -5.007 + -2.518 + -1.951 + -1.179 = €-10.7 Mil.
Total Liabilities was €948.8 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
=(153.704 - 176.057)/1816.056
=-0.0123

X2=Retained Earnings/Total Assets
=-8.144/1816.056
=-0.0045

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(155.13 - -10.655)/1816.056
=0.0913

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(156.081 - 0)/948.802
=0.1645

The zones of discrimination were as such:

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

Infinity Natural Resources has a Altman Z2-Score of 0.69 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 0.69 mean?
Infinity Natural Resources (FRA:A2G) has a Altman Z2-Score of 0.69 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 Infinity Natural Resources and its competitors. This is 54% below median its historical median of 1.49. According to the industry distribution chart, Infinity Natural Resources ranks #669 out of 1015 companies in the Oil & Gas industry, placing it in the top 65.9%.
Is Infinity Natural Resources' Altman Z2-Score too high?
Infinity Natural Resources' current Altman Z2-Score of 0.69 is 54% below median its 10-year median of 1.49. The Oil & Gas industry median Altman Z2-Score is 1.81. Infinity Natural Resources' value of 0.69 is 61.9% below this industry median. Based on the distribution chart, Infinity Natural Resources ranks #669 out of 1015 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Infinity Natural Resources has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Infinity Natural Resources' Altman Z2-Score compare to GTE and REI?
According to the Oil & Gas industry distribution chart, Infinity Natural Resources ranks #669 out of 1015 companies for Altman Z2-Score. This places Infinity Natural Resources in the lower half of its industry. The industry median Altman Z2-Score is 1.81. Infinity Natural Resources' value of 0.69 is 61.9% below this benchmark. While the company's 10-year median is 1.49 vs. the industry median of 1.81, Infinity Natural Resources has consistently been below 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 an Oil & Gas company?
The median Altman Z2-Score among Oil & Gas companies is 1.81, based on 1,015 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. Infinity Natural Resources's current Altman Z2-Score of 0.69 is 61.9% below 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 Infinity Natural Resources and its competitors. For the Oil & Gas industry, the median Altman Z2-Score is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infinity Natural Resources's current Altman Z2-Score is 0.69, which is 54% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infinity Natural Resources stock overvalued right now?
Infinity Natural Resources (FRA:A2G) has a current Altman Z2-Score of 0.69. The current Altman Z2-Score is 0.69, which is 54% below median its 10-year median of 1.49 and 61.9% below the Oil & Gas industry median of 1.81. Infinity Natural Resources' overall GF Score™ is 17/100 with 2 warning signs 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 Infinity Natural Resources (FRA:A2G), the current Altman Z2-Score is 0.69 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.

Infinity Natural Resources Business Description

Industry EnergyOil & Gas
Other Exchanges INR:USA
Address 2605 Cranberry Square, Morgantown, WV, USA, 26508
Infinity Natural Resources Inc is an independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. It is focused on creating shareholder value through the identification and disciplined development of low-risk, high economic oil and natural gas assets while maintaining a flexible balance sheet. The company's portfolio is balanced across oil and natural gas assets, allowing it to optimize its development plan to respond to changes in commodity prices over time. The company operates in only one reportable segment, which is the exploration and production segment. All operations are conducted in one geographic area within the Appalachian Basin, mainly in Pennsylvania and Ohio, in the United States. Majority of revenue is from Oil.
17GF Score

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