Electric RoyaltiesELECF -2.11%20 Altman Z-Score is -3.59 as of Jun. 25, 2026. GuruFocus rates ELECF with a GF Score™ of 20/100. The stock has 6 warning signs investors should review. Among 790 Metals & Mining companies, Electric Royalties ranks worse than 94.68% 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.
Warning Sign:
Altman Z-score of -3.49 is in distress zone. This implies bankruptcy possibility in the next two years.
Electric Royalties has a Altman Z-Score of -3.59, 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 Electric Royalties's Altman Z-Score or its related term are showing as below:
ELECF'
s Altman Z-Score Range Over the Past 10 Years
Min: -3.49 Med: -0.45 Max: 15.81
Current: -3.49
During the past 7 years, Electric Royalties's highest Altman Z-Score was 15.81. The lowest was -3.49. And the median was -0.45.
Electric Royalties (OTCPK:ELECF) 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.
Electric Royalties Altman Z-Score Related Terms
Electric Royalties Altman Z-Score Historical Data
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The historical data trend for Electric Royalties'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.
Electric Royalties Altman Z-Score Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Electric Royalties'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.
Electric Royalties Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Electric Royalties's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Electric Royalties'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.
Electric Royalties'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
*
0.0545
+
1.4
*
-2.0276
+
3.3
*
-0.5274
+
0.6
*
1.4885
+
1.0
*
0.0266
=
-3.59
* 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.
Electric Royalties (ELECF) has a Altman Z-Score of -3.59 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Electric Royalties and its competitors. According to the industry distribution chart, Electric Royalties ranks #748 out of 790 companies in the Metals & Mining industry, placing it in the top 94.7%.
Is Electric Royalties' Altman Z-Score too high?
Electric Royalties' current Altman Z-Score is -3.59. Based on the distribution chart, Electric Royalties ranks #748 out of 790 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Electric Royalties has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Electric Royalties' Altman Z-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Electric Royalties ranks #748 out of 790 companies for Altman Z-Score. This places Electric Royalties in the lower half of its industry. The industry median Altman Z-Score is 3.43. 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. 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 Electric Royalties 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. Electric Royalties's current Altman Z-Score is -3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Royalties stock overvalued right now?
Electric Royalties (ELECF) has a current Altman Z-Score of -3.59. The current Altman Z-Score is -3.59. Electric Royalties' overall GF Score™ is 20/100 with 6 warning signs to review. 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 Electric Royalties (ELECF), the current Altman Z-Score is -3.59 as of Jun. 25, 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.
Electric Royalties Ltd is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc, and copper) that will benefit from the drive toward electrification of a variety of consumer products: artificial intelligence, cars, rechargeable batteries, large-scale energy storage, renewable energy generation, and other applications. The company is focused predominantly on acquiring royalties on operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the infrastructure over the next several decades towards a decarbonized economy.
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