Dome Gold Mines (ASX:DME) Altman Z-Score: N/A (As of Jun. 26, 2026)


What is Dome Gold Mines Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Dome Gold Mines has a Altman Z-Score of N/A, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Dome Gold Mines's Altman Z-Score or its related term are showing as below:

During the past 12 years, Dome Gold Mines's highest Altman Z-Score was 33.61. The lowest was 25.50. And the median was 29.56.


Dome Gold Mines  (ASX:DME) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Dome Gold Mines Altman Z-Score Related Terms


Dome Gold Mines Altman Z-Score Historical Data

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The historical data trend for Dome Gold Mines's Altman Z-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.

Dome Gold Mines Altman Z-Score Chart

Dome Gold Mines Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Altman Z-Score
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Dome Gold Mines Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-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 0.00 0.00 0.00 0.00

Dome Gold Mines Altman Z-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Dome Gold Mines's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Dome Gold Mines Altman Z-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Dome Gold Mines's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Dome Gold Mines's Altman Z-Score falls into.



Dome Gold Mines Altman Z-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.

Dome Gold Mines's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.0122+1.4*-0.5864+3.3*-0.1274+0.6*25.1598+1.0*0
=N/A

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Jun. 2025:
Total Assets was A$35.71 Mil.
Total Current Assets was A$0.76 Mil.
Total Current Liabilities was A$0.32 Mil.
Retained Earnings was A$-20.94 Mil.
Pre-Tax Income was A$-4.62 Mil.
Interest Expense was A$-0.07 Mil.
Revenue was A$0.00 Mil.
Market Cap (Today) was A$18.90 Mil.
Total Liabilities was A$0.75 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
=(0.756 - 0.322)/35.714
=0.0122

X2=Retained Earnings/Total Assets
=-20.944/35.714
=-0.5864

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-4.615 - -0.065)/35.714
=-0.1274

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=18.895/0.751
=25.1598

X5=Revenue/Total Assets
=0/35.714
=0

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Dome Gold Mines has a Altman Z-Score of N/A indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.


Dome Gold Mines Business Description

Address 680 George Street, Level 46, Sydney, NSW, AUS, 2000
Dome Gold Mines Ltd is an exploration and development company focused on iron sand, gold, copper, and silver projects in Fiji. The company owns three main exploration licences covering land areas on islands and in key mineral-rich regions. Its operations include identifying and advancing mineral deposits such as iron sands, gold, and copper through drilling and geophysical survey techniques. The Group has two reportable segments, Ironsand Project and Gold Projects, majority of revenue being generated from the Ironsand Project segment.