West Cobar MetalsASX:WC1 Altman Z-Score is 8.64 as of Jun. 30, 2026, which is 166% above its 10-year median of 3.25. Among 786 Metals & Mining companies, West Cobar Metals ranks better than 84.1% on this metric.
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.
Good Sign:
Altman Z-score of 9.99 is strong.
West Cobar Metals has a Altman Z-Score of 8.64, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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 West Cobar Metals's Altman Z-Score or its related term are showing as below:
ASX:WC1'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.11 Med: 3.25 Max: 9.99
Current: 9.99
During the past 4 years, West Cobar Metals's highest Altman Z-Score was 9.99. The lowest was 1.11. And the median was 3.25.
West Cobar Metals (ASX:WC1) 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.
Altman Z-Score does not apply to financial companies.
West Cobar Metals Altman Z-Score Related Terms
West Cobar Metals Altman Z-Score Historical Data
* Premium members only.
The historical data trend for West Cobar Metals'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.
For the Gold subindustry, West Cobar Metals'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.
West Cobar Metals Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West Cobar Metals's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where West Cobar Metals's Altman Z-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.
West Cobar Metals'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
*
0.013
+
1.4
*
-1.1715
+
3.3
*
-0.1759
+
0.6
*
17.9865
+
1.0
*
0.0535
=
8.64
* 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.
West Cobar Metals (ASX:WC1) has a Altman Z-Score of 8.64 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on West Cobar Metals and its competitors. This is 166% above median its historical median of 3.25. Over the past decade, West Cobar Metals' Altman Z-Score has ranged from 1.11 to 9.99. According to the industry distribution chart, West Cobar Metals ranks #125 out of 786 companies in the Metals & Mining industry, placing it in the top 15.9%.
Is West Cobar Metals' Altman Z-Score too high?
West Cobar Metals' current Altman Z-Score of 8.64 is 166% above median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 9.99. The Metals & Mining industry median Altman Z-Score is 3.37. West Cobar Metals' value of 8.64 is 156.4% above this industry median. Based on the distribution chart, West Cobar Metals ranks #125 out of 786 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does West Cobar Metals' Altman Z-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West Cobar Metals ranks #125 out of 786 companies for Altman Z-Score. This places West Cobar Metals in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.37. West Cobar Metals' value of 8.64 is 156.4% above this benchmark. Historically, West Cobar Metals' own Altman Z-Score has ranged from 1.11 to 9.99 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 3.37, West Cobar 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 Z-Score for a Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.37, based on 786 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. West Cobar Metals's current Altman Z-Score of 8.64 is 156.4% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on West Cobar Metals and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Cobar Metals's current Altman Z-Score is 8.64, which is 166% above median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Cobar Metals stock overvalued right now?
West Cobar Metals (ASX:WC1) has a current Altman Z-Score of 8.64. The current Altman Z-Score is 8.64, which is 166% above median its 10-year median of 3.25 and 156.4% above the Metals & Mining industry median of 3.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For West Cobar Metals (ASX:WC1), the current Altman Z-Score is 8.64 as of Jun. 30, 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.
West Cobar Metals Ltd is a minerals exploration and development company focused on critical minerals within Australia. The company's projects include Salazar Critical Minerals, Fraser Range Project and Bulla Park.
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