PTHRF (Pantheon Resources) Altman Z2-Score: 5.66 (As of Jun. 24, 2026) — 68% Below Median


PTHRF Pantheon Resources PLC PTHRF
33 GF Score
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What is Pantheon Resources Altman Z2-Score?

Pantheon Resources PTHRF -4.76% 33 Altman Z2-Score is 5.66 as of Jun. 24, 2026, which is 68% below its 10-year median of 17.69. GuruFocus rates PTHRF with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 1,012 Oil & Gas companies, Pantheon Resources ranks better than 81.23% 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:

Pantheon Resources has a Altman Z2-Score of 5.66, 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 Pantheon Resources's Altman Z2-Score or its related term are showing as below:

PTHRF' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.3   Med: 17.69   Max: 306.26
Current: 5.66

During the past 13 years, Pantheon Resources's highest Altman Z2-Score was 306.26. The lowest was 4.30. And the median was 17.69.


Pantheon Resources  (OTCPK:PTHRF) 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.


Pantheon Resources Altman Z2-Score Related Terms


Pantheon Resources Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Pantheon 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.

Pantheon Resources Altman Z2-Score Chart

Pantheon Resources 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 31.60 4.30 7.57 9.38 5.66

Pantheon Resources 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 9.38 0.00 5.66 0.00

PTHRF vs COP, EOG, OXY: Altman Z2-Score Comparison

For the Oil & Gas E&P subindustry, Pantheon 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.


Pantheon Resources Altman Z2-Score vs Oil & Gas Industry

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

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


PTHRF
33GF Score
Pantheon Resources PLC PTHRF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Pantheon 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.

Pantheon 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*0.0128+3.26*-0.2453+6.72*0.0001+1.05*6.0717
=5.66

* 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 $365.00 Mil.
Total Current Assets was $24.13 Mil.
Total Current Liabilities was $19.46 Mil.
Retained Earnings was $-89.54 Mil.
Pre-Tax Income was $-4.23 Mil.
Interest Expense was $-4.28 Mil.
Total Liabilities was $51.61 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
=(24.133 - 19.462)/365.001
=0.0128

X2=Retained Earnings/Total Assets
=-89.54/365.001
=-0.2453

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-4.229 - -4.283)/365.001
=0.0001

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(313.387 - 0)/51.614
=6.0717

The zones of discrimination were as such:

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

Pantheon Resources has a Altman Z2-Score of 5.66 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 5.66 mean?
Pantheon Resources (PTHRF) has a Altman Z2-Score of 5.66 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 Pantheon Resources and its competitors. This is 68% below median its historical median of 17.69. Over the past decade, Pantheon Resources' Altman Z2-Score has ranged from 4.30 to 306.26. According to the industry distribution chart, Pantheon Resources ranks #190 out of 1012 companies in the Oil & Gas industry, placing it in the top 18.8%.
Is Pantheon Resources' Altman Z2-Score too high?
Pantheon Resources' current Altman Z2-Score of 5.66 is 68% below median its 10-year median of 17.69. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 306.26. The Oil & Gas industry median Altman Z2-Score is 1.81. Pantheon Resources' value of 5.66 is 213.6% above this industry median. Based on the distribution chart, Pantheon Resources ranks #190 out of 1012 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Pantheon Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Pantheon Resources' Altman Z2-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Pantheon Resources ranks #190 out of 1012 companies for Altman Z2-Score. This places Pantheon Resources in the top 19% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.81. Pantheon Resources' value of 5.66 is 213.6% above this benchmark. Historically, Pantheon Resources' own Altman Z2-Score has ranged from 4.30 to 306.26 over the past decade. While the company's 10-year median is 17.69 vs. the industry median of 1.81, Pantheon Resources 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 an Oil & Gas company?
The median Altman Z2-Score among Oil & Gas companies is 1.81, based on 1,012 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. Pantheon Resources's current Altman Z2-Score of 5.66 is 213.6% 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 Pantheon 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. Pantheon Resources's current Altman Z2-Score is 5.66, which is 68% below median its own 10-year median of 17.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pantheon Resources stock overvalued right now?
Pantheon Resources (PTHRF) has a current Altman Z2-Score of 5.66. The current Altman Z2-Score is 5.66, which is 68% below median its 10-year median of 17.69 and 213.6% above the Oil & Gas industry median of 1.81. Pantheon Resources' overall GF Score™ is 33/100 with 3 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 Pantheon Resources (PTHRF), the current Altman Z2-Score is 5.66 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.

Pantheon Resources Business Description

Industry EnergyOil & Gas
Other Exchanges PANRl:UKPANR:UKP3K:Germany
Address 8 Bishopsgate, Floor 2, London, GBR, EC2N 4BQ
Pantheon Resources PLC is an oil and gas exploration company based in the United Kingdom. The company principally invests in oil and gas exploration and development. There are two reportable operating segments: U.S., which includes the Alaskan Operation plus administration based in Alaska and Texas and UK; Office for Pantheon Resources PLC. Its projects include Ahpun, Kodiak and Alaska North Slope.
33GF Score

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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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