Atlantic LithiumCHIX:ALLL -2.81%19 Altman Z-Score is 36.57 as of Jun. 26, 2026, which is 1% above its 10-year median of 36.11. GuruFocus rates CHIX:ALLL with a GF Score™ of 19/100. Among 790 Metals & Mining companies, Atlantic Lithium ranks better than 95.32% 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 38.29 is strong.
Atlantic Lithium has a Altman Z-Score of 36.57, 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 Atlantic Lithium's Altman Z-Score or its related term are showing as below:
CHIX:ALLl'
s Altman Z-Score Range Over the Past 10 Years
Min: 12.24 Med: 36.11 Max: 95.48
Current: 38.29
During the past 13 years, Atlantic Lithium's highest Altman Z-Score was 95.48. The lowest was 12.24. And the median was 36.11.
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.
Atlantic Lithium Altman Z-Score Related Terms
Atlantic Lithium Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Atlantic Lithium'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 Other Industrial Metals & Mining subindustry, Atlantic Lithium'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.
Atlantic Lithium Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Atlantic Lithium's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Atlantic Lithium'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.
Atlantic Lithium'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
*
0.0548
+
1.4
*
-2.5516
+
3.3
*
-0.1409
+
0.6
*
67.5647
+
1.0
*
0.0002
=
36.57
* 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.
Atlantic Lithium (CHIX:ALLL) has a Altman Z-Score of 36.57 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Atlantic Lithium and its competitors. This is near median its historical median of 36.11. Over the past decade, Atlantic Lithium's Altman Z-Score has ranged from 12.24 to 95.48. According to the industry distribution chart, Atlantic Lithium ranks #37 out of 790 companies in the Metals & Mining industry, placing it in the top 4.7%.
Is Atlantic Lithium's Altman Z-Score too high?
Atlantic Lithium's current Altman Z-Score of 36.57 is near median its 10-year median of 36.11. Over the past 10 years, this metric has ranged from a low of 12.24 to a high of 95.48. The Metals & Mining industry median Altman Z-Score is 3.43. Atlantic Lithium's value of 36.57 is 966.2% above this industry median. Based on the distribution chart, Atlantic Lithium ranks #37 out of 790 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Atlantic Lithium has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Atlantic Lithium's Altman Z-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Atlantic Lithium ranks #37 out of 790 companies for Altman Z-Score. This places Atlantic Lithium in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.43. Atlantic Lithium's value of 36.57 is 966.2% above this benchmark. Historically, Atlantic Lithium's own Altman Z-Score has ranged from 12.24 to 95.48 over the past decade. While the company's 10-year median is 36.11 vs. the industry median of 3.43, Atlantic Lithium 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 3.43, based on 790 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. Atlantic Lithium's current Altman Z-Score of 36.57 is 966.2% 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 Atlantic Lithium and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlantic Lithium's current Altman Z-Score is 36.57, which is near median its own 10-year median of 36.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlantic Lithium stock overvalued right now?
Atlantic Lithium (CHIX:ALLL) has a current Altman Z-Score of 36.57. The current Altman Z-Score is 36.57, which is near median its 10-year median of 36.11 and 966.2% above the Metals & Mining industry median of 3.43. Atlantic Lithium's overall GF Score™ is 19/100. 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 Atlantic Lithium (CHIX:ALLL), the current Altman Z-Score is 36.57 as of Jun. 26, 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.
Atlantic Lithium Ltd is an exploration and development company focused on advancing lithium mining projects in West Africa. Its core asset includes the Ewoyaa Lithium Project in Ghana, supported by additional exploration licenses in Ghana and West Africa. The company's activities center on extracting lithium spodumene to supply raw materials for batteries used in electric vehicles and energy storage. It operates prominently in West Africa, leveraging infrastructure like highways and ports to support its mining operations. The Group has one operating segment, being exploration for base and precious metals.
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