IBATF (International Battery Metals) Altman Z-Score: 1.28 (As of Jun. 25, 2026) — 71% Below Median


IBATF International Battery Metals Ltd IBATF
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What is International Battery Metals Altman Z-Score?

International Battery Metals IBATF 33 Altman Z-Score is 1.28 as of Jun. 25, 2026, which is 71% below its 10-year median of 4.37. GuruFocus rates IBATF with a GF Score™ of 33/100. The stock has 4 warning signs investors should review. Among 790 Metals & Mining companies, International Battery Metals ranks worse than 77.97% 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 1.37 is in distress zone. This implies bankruptcy possibility in the next two years.

International Battery Metals has a Altman Z-Score of 1.28, 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 International Battery Metals's Altman Z-Score or its related term are showing as below:

IBATF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.27   Med: 4.37   Max: 47.57
Current: 1.37

During the past 13 years, International Battery Metals's highest Altman Z-Score was 47.57. The lowest was 1.27. And the median was 4.37.


International Battery Metals  (OTCPK:IBATF) 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.


International Battery Metals Altman Z-Score Related Terms


International Battery Metals Altman Z-Score Historical Data

* Premium members only.

The historical data trend for International Battery 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.

International Battery Metals Altman Z-Score Chart

International Battery Metals Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.14 1.27

International Battery Metals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.14 3.33 1.47 2.40 1.27

International Battery Metals Altman Z-Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, International Battery 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.


International Battery Metals Altman Z-Score vs Metals & Mining Industry

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

* The bar in red indicates where International Battery Metals's Altman Z-Score falls into.


IBATF
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International Battery Metals Ltd IBATF
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International Battery Metals 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.

International Battery 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*0.2315+1.4*-0.992+3.3*0.003+0.6*3.9631+1.0*0.0041
=1.28

* 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 Mar. 2026:
Total Assets was $39.76 Mil.
Total Current Assets was $10.59 Mil.
Total Current Liabilities was $1.39 Mil.
Retained Earnings was $-39.44 Mil.
Pre-Tax Income was -5.298 + 0.754 + 2.978 + 1.685 = $0.12 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.00 Mil.
Revenue was 0.063 + 0.03 + 0.064 + 0.007 = $0.16 Mil.
Market Cap (Today) was $45.17 Mil.
Total Liabilities was $11.40 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
=(10.589 - 1.386)/39.762
=0.2315

X2=Retained Earnings/Total Assets
=-39.444/39.762
=-0.992

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(0.119 - 0)/39.762
=0.003

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=45.171/11.398
=3.9631

X5=Revenue/Total Assets
=0.164/39.762
=0.0041

The zones of discrimination were as such:

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

International Battery Metals has a Altman Z-Score of 1.28 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.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.28 mean?
International Battery Metals (IBATF) has a Altman Z-Score of 1.28 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on International Battery Metals and its competitors. This is 71% below median its historical median of 4.37. Over the past decade, International Battery Metals' Altman Z-Score has ranged from 1.27 to 47.57. According to the industry distribution chart, International Battery Metals ranks #616 out of 790 companies in the Metals & Mining industry, placing it in the top 78%.
Is International Battery Metals' Altman Z-Score too high?
International Battery Metals' current Altman Z-Score of 1.28 is 71% below median its 10-year median of 4.37. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 47.57. The Metals & Mining industry median Altman Z-Score is 3.43. International Battery Metals' value of 1.28 is 62.7% below this industry median. Based on the distribution chart, International Battery Metals ranks #616 out of 790 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, International Battery Metals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does International Battery Metals' Altman Z-Score compare to competitors?
According to the Metals & Mining industry distribution chart, International Battery Metals ranks #616 out of 790 companies for Altman Z-Score. This places International Battery Metals in the lower half of its industry. The industry median Altman Z-Score is 3.43. International Battery Metals' value of 1.28 is 62.7% below this benchmark. Historically, International Battery Metals' own Altman Z-Score has ranged from 1.27 to 47.57 over the past decade. While the company's 10-year median is 4.37 vs. the industry median of 3.43, International Battery Metals has consistently been below 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. International Battery Metals's current Altman Z-Score of 1.28 is 62.7% below 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 International Battery Metals 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. International Battery Metals's current Altman Z-Score is 1.28, which is 71% below median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Battery Metals stock overvalued right now?
International Battery Metals (IBATF) has a current Altman Z-Score of 1.28. The current Altman Z-Score is 1.28, which is 71% below median its 10-year median of 4.37 and 62.7% below the Metals & Mining industry median of 3.43. International Battery Metals' overall GF Score™ is 33/100 with 4 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 International Battery Metals (IBATF), the current Altman Z-Score is 1.28 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.

International Battery Metals Business Description

Other Exchanges 8RE:GermanyIBAT:Canada
Address 666 Burard Street, 2500 Park Place, Vancouver, BC, CAN, V6C 2X8
International Battery Metals Ltd is a technology and manufacturing company focused on environmentally responsible methods of extracting lithium compounds from brine. Its current operations consist of the development of the MDLE Plant, which can be rapidly deployed and assembled onsite at a customer's property. The MDLE Plant is designed to process brine solutions to extract lithium chloride, which can be further processed into lithium carbonate and used for industrial purposes or as a battery component. Geographically, it carries out all its operations in the United States.
33GF Score

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