Kirkstone Metals (TSXV:KSM) Altman Z2-Score: 4.43 (As of Jul. 15, 2026) — 31% Above Median

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TSXV:KSM Kirkstone Metals Corp TSXV:KSM
13 GF Score
Price C$0.18
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What is Kirkstone Metals Altman Z2-Score?

Kirkstone Metals TSXV:KSM -2.78% 13 Altman Z2-Score is 4.43 as of Jul. 15, 2026, which is 31% above its 10-year median of 3.37. GuruFocus rates TSXV:KSM with a GF Score™ of 13/100. Among 184 Other Energy Sources companies, Kirkstone Metals ranks better than 61.96% 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:

Kirkstone Metals has a Altman Z2-Score of 4.43, 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 Kirkstone Metals's Altman Z2-Score or its related term are showing as below:

TSXV:KSM' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.71   Med: 3.37   Max: 4.43
Current: 4.43

During the past 1 years, Kirkstone Metals's highest Altman Z2-Score was 4.43. The lowest was 1.71. And the median was 3.37.


Kirkstone Metals  (TSXV:KSM) 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.


Kirkstone Metals Altman Z2-Score Related Terms


Kirkstone Metals Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Kirkstone Metals'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.

Kirkstone Metals Altman Z2-Score Chart

Kirkstone Metals Annual Data
Trend Jul23
Altman Z2-Score
0.00

Kirkstone Metals Quarterly Data
Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Jan25 Apr25 Oct25
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only 1.71 0.00 3.54 3.20 4.43

TSXV:KSM vs UEC, LEU: Altman Z2-Score Comparison

For the Uranium subindustry, Kirkstone Metals'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.


Kirkstone Metals Altman Z2-Score vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kirkstone Metals's Altman Z2-Score distribution charts can be found below:

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


TSXV:KSM
13GF Score
Kirkstone Metals Corp TSXV:KSM
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kirkstone Metals 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.

Kirkstone Metals'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*0.4994+3.26*-0.3218+6.72*-0.0639+1.05*2.5056
=4.43

* 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 Oct. 2025:
Total Assets was C$3.15 Mil.
Total Current Assets was C$1.58 Mil.
Total Current Liabilities was C$0.01 Mil.
Retained Earnings was C$-1.01 Mil.
Pre-Tax Income was -0.121 + -0.093 + -0.122 + -0.091 = C$-0.43 Mil.
Interest Expense was -0.036 + -0.053 + -0.085 + -0.052 = C$-0.23 Mil.
Total Liabilities was C$0.90 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
=(1.581 - 0.009)/3.148
=0.4994

X2=Retained Earnings/Total Assets
=-1.013/3.148
=-0.3218

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.427 - -0.226)/3.148
=-0.0639

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(2.25 - 0)/0.898
=2.5056

The zones of discrimination were as such:

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

Kirkstone Metals has a Altman Z2-Score of 4.43 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.43 mean?
Kirkstone Metals (TSXV:KSM) has a Altman Z2-Score of 4.43 as of Jul. 15, 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 Kirkstone Metals and its competitors. This is 31% above median its historical median of 3.37. Over the past decade, Kirkstone Metals' Altman Z2-Score has ranged from 1.71 to 4.43. According to the industry distribution chart, Kirkstone Metals ranks #70 out of 184 companies in the Other Energy Sources industry, placing it in the top 38%.
Is Kirkstone Metals' Altman Z2-Score too high?
Kirkstone Metals' current Altman Z2-Score of 4.43 is 31% above median its 10-year median of 3.37. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 4.43. The Other Energy Sources industry median Altman Z2-Score is 3.10. Kirkstone Metals' value of 4.43 is 42.9% above this industry median. Based on the distribution chart, Kirkstone Metals ranks #70 out of 184 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Kirkstone Metals has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Kirkstone Metals' Altman Z2-Score compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Kirkstone Metals ranks #70 out of 184 companies for Altman Z2-Score. This puts Kirkstone Metals in the upper half of its industry. The industry median Altman Z2-Score is 3.10. Kirkstone Metals' value of 4.43 is 42.9% above this benchmark. Historically, Kirkstone Metals' own Altman Z2-Score has ranged from 1.71 to 4.43 over the past decade. While the company's 10-year median is 3.37 vs. the industry median of 3.10, Kirkstone Metals 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 Other Energy Sources company?
The median Altman Z2-Score among Other Energy Sources companies is 3.10, based on 184 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. Kirkstone Metals's current Altman Z2-Score of 4.43 is 42.9% 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 Kirkstone Metals and its competitors. For the Other Energy Sources industry, the median Altman Z2-Score is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirkstone Metals's current Altman Z2-Score is 4.43, which is 31% above median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirkstone Metals stock overvalued right now?
Kirkstone Metals (TSXV:KSM) has a current Altman Z2-Score of 4.43. The current Altman Z2-Score is 4.43, which is 31% above median its 10-year median of 3.37 and 42.9% above the Other Energy Sources industry median of 3.10. Kirkstone Metals' overall GF Score™ is 13/100. 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 Kirkstone Metals (TSXV:KSM), the current Altman Z2-Score is 4.43 as of Jul. 15, 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.

Kirkstone Metals Business Description

Other Exchanges V0O:Germany
Address 885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Kirkstone Metals Corp is in the business of identifying, acquiring and exploring mineral properties. The Company is currently in the exploration stage of developing its exploration and evaluation properties and has not yet determined whether it contain mineral reserves that are economically recoverable.
13GF Score

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