Randgold & Exploration CoRNDXF 31 Altman Z2-Score is 11.93 as of Jul. 02, 2026, which is 36% below its 10-year median of 18.61. GuruFocus rates RNDXF with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 2,616 Metals & Mining companies, Randgold & Exploration Co ranks better than 75.92% 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:
Randgold & Exploration Co has a Altman Z2-Score of 11.93, 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 Randgold & Exploration Co's Altman Z2-Score or its related term are showing as below:
RNDXF'
s Altman Z2-Score Range Over the Past 10 Years
Min: 11.93 Med: 18.61 Max: 22.49
Current: 11.93
During the past 13 years, Randgold & Exploration Co's highest Altman Z2-Score was 22.49. The lowest was 11.93. And the median was 18.61.
Randgold & Exploration Co (OTCPK:RNDXF) 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.
* 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.
RNDXF vs NEM, AU, RGLD: Altman Z2-Score Comparison
For the Gold subindustry, Randgold & Exploration Co'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.
Randgold & Exploration Co Altman Z2-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Randgold & Exploration Co's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Randgold & Exploration Co's Altman Z2-Score falls into.
Randgold & Exploration Co 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.
* 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.
Randgold & Exploration Co (RNDXF) has a Altman Z2-Score of 11.93 as of Jul. 02, 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 Randgold & Exploration Co and its competitors. This is 36% below median its historical median of 18.61. Over the past decade, Randgold & Exploration Co's Altman Z2-Score has ranged from 11.93 to 22.49. According to the industry distribution chart, Randgold & Exploration Co ranks #630 out of 2616 companies in the Metals & Mining industry, placing it in the top 24.1%.
Is Randgold & Exploration Co's Altman Z2-Score too high?
Randgold & Exploration Co's current Altman Z2-Score of 11.93 is 36% below median its 10-year median of 18.61. Over the past 10 years, this metric has ranged from a low of 11.93 to a high of 22.49. The Metals & Mining industry median Altman Z2-Score is 2.16. Randgold & Exploration Co's value of 11.93 is 453.6% above this industry median. Based on the distribution chart, Randgold & Exploration Co ranks #630 out of 2616 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Randgold & Exploration Co has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Randgold & Exploration Co's Altman Z2-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Randgold & Exploration Co ranks #630 out of 2616 companies for Altman Z2-Score. This places Randgold & Exploration Co in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.16. Randgold & Exploration Co's value of 11.93 is 453.6% above this benchmark. Historically, Randgold & Exploration Co's own Altman Z2-Score has ranged from 11.93 to 22.49 over the past decade. While the company's 10-year median is 18.61 vs. the industry median of 2.16, Randgold & Exploration Co 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 2,616 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. Randgold & Exploration Co's current Altman Z2-Score of 11.93 is 453.6% 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 Randgold & Exploration Co 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. Randgold & Exploration Co's current Altman Z2-Score is 11.93, which is 36% below median its own 10-year median of 18.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Randgold & Exploration Co stock overvalued right now?
Randgold & Exploration Co (RNDXF) has a current Altman Z2-Score of 11.93. The current Altman Z2-Score is 11.93, which is 36% below median its 10-year median of 18.61 and 453.6% above the Metals & Mining industry median of 2.16. Randgold & Exploration Co's overall GF Score™ is 31/100 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 Randgold & Exploration Co (RNDXF), the current Altman Z2-Score is 11.93 as of Jul. 02, 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.
Randgold & Exploration Co Ltd is an investment holding company with assets in the Gold mining industry. The company operates in a single reportable operating segment as an investment holding company with cash resources. Geographically it operates through the region of South Africa.
31GF Score
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