Graphite OneGPHOF +0.25%34 Altman Z2-Score is 105.57 as of Jun. 24, 2026, which is 1070% above its 10-year median of 9.02. GuruFocus rates GPHOF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,618 Metals & Mining companies, Graphite One ranks better than 97.14% 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:
Graphite One has a Altman Z2-Score of 105.57, 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 Graphite One's Altman Z2-Score or its related term are showing as below:
GPHOF'
s Altman Z2-Score Range Over the Past 10 Years
Min: -3.78 Med: 9.02 Max: 105.59
Current: 105.59
During the past 13 years, Graphite One's highest Altman Z2-Score was 105.59. The lowest was -3.78. And the median was 9.02.
Graphite One (OTCPK:GPHOF) 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.
Altman Z2-Score does not apply to financial companies.
Graphite One Altman Z2-Score Related Terms
Graphite One Altman Z2-Score Historical Data
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The historical data trend for Graphite One'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.
Graphite One Altman Z2-Score Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Graphite One'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.
Graphite One Altman Z2-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Graphite One's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Graphite One's Altman Z2-Score falls into.
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.
Graphite One'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
*
0.2833
+
3.26
*
-0.6646
+
6.72
*
-0.1052
+
1.05
*
101.5102
=
105.57
* 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.
Graphite One (GPHOF) has a Altman Z2-Score of 105.57 as of Jun. 24, 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 Graphite One and its competitors. This is 1070% above median its historical median of 9.02. According to the industry distribution chart, Graphite One ranks #75 out of 2618 companies in the Metals & Mining industry, placing it in the top 2.9%.
Is Graphite One's Altman Z2-Score too high?
Graphite One's current Altman Z2-Score of 105.57 is 1070% above median its 10-year median of 9.02. The Metals & Mining industry median Altman Z2-Score is 2.14. Graphite One's value of 105.57 is 4844.7% above this industry median. Based on the distribution chart, Graphite One ranks #75 out of 2618 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Graphite One has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Graphite One's Altman Z2-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Graphite One ranks #75 out of 2618 companies for Altman Z2-Score. This places Graphite One in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.14. Graphite One's value of 105.57 is 4844.7% above this benchmark. While the company's 10-year median is 9.02 vs. the industry median of 2.14, Graphite One 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. Graphite One's current Altman Z2-Score of 105.57 is 4844.7% 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 Graphite One 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. Graphite One's current Altman Z2-Score is 105.57, which is 1070% above median its own 10-year median of 9.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Graphite One stock overvalued right now?
Graphite One (GPHOF) has a current Altman Z2-Score of 105.57. The current Altman Z2-Score is 105.57, which is 1070% above median its 10-year median of 9.02 and 4844.7% above the Metals & Mining industry median of 2.14. Graphite One's overall GF Score™ is 34/100 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 Graphite One (GPHOF), the current Altman Z2-Score is 105.57 as of Jun. 24, 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.
Graphite One Inc is focused on developing its Graphite One Project with a plan to mine graphite from its Graphite Creek Property and process the graphite into concentrate at a mineral processing plant. The Project is envisioned as a vertically integrated enterprise to mine and process NG, and to manufacture both AG and NG AAM for the electric vehicle battery and energy storage system markets. It is envisioned as a vertically integrated enterprise to mine, process, and manufacture anode materials for the electric vehicle lithium-ion battery market, situated on the Seward Peninsula in north of Nome, Alaska. The company operates as a single operating and reportable segment, being the exploration and development of exploration and evaluation assets in the United States.
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