SLDP (Solid Power) Altman Z-Score: 11.54 (As of Jun. 24, 2026) — 30% Above Median


SLDP Solid Power Inc SLDP
60 GF Score
Price $2.65
GF Value $1.43
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Solid Power Altman Z-Score?

Solid Power SLDP -3.30% 60 Altman Z-Score is 11.54 as of Jun. 24, 2026, which is 30% above its 10-year median of 8.90. GuruFocus rates SLDP with a GF Score™ of 60/100 and a GF Value™ of $1.43 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Solid Power ranks better than 96.04% 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 11.91 is strong.

Solid Power has a Altman Z-Score of 11.54, 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 Solid Power's Altman Z-Score or its related term are showing as below:

SLDP' s Altman Z-Score Range Over the Past 10 Years
Min: 3.94   Med: 8.9   Max: 16.11
Current: 11.91

During the past 7 years, Solid Power's highest Altman Z-Score was 16.11. The lowest was 3.94. And the median was 8.90.


Solid Power  (NAS:SLDP) 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.


Solid Power Altman Z-Score Related Terms


Solid Power Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Solid Power'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.

Solid Power Altman Z-Score Chart

Solid Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 16.11 7.41 5.07 4.45 12.36

Solid Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 4.53 7.91 10.59 12.36 13.12

SLDP vs FOXF, SMP, MLR: Altman Z-Score Comparison

For the Auto Parts subindustry, Solid Power'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.


Solid Power Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Power's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Solid Power's Altman Z-Score falls into.


SLDP
60GF Score
Solid Power Inc SLDP
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Solid Power 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.

Solid Power'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*0.4645+1.4*-0.5189+3.3*-0.1642+0.6*20.3685+1.0*0.0268
=11.54

* 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 $554.73 Mil.
Total Current Assets was $274.74 Mil.
Total Current Liabilities was $17.05 Mil.
Retained Earnings was $-287.84 Mil.
Pre-Tax Income was -12.872 + -27.494 + -24.9 + -26.008 = $-91.27 Mil.
Interest Expense was -0.197 + -0.004 + -0.006 + -0.007 = $-0.21 Mil.
Revenue was 2.105 + 2.571 + 3.732 + 6.485 = $14.89 Mil.
Market Cap (Today) was $596.21 Mil.
Total Liabilities was $29.27 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
=(274.743 - 17.052)/554.728
=0.4645

X2=Retained Earnings/Total Assets
=-287.835/554.728
=-0.5189

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-91.274 - -0.214)/554.728
=-0.1642

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=596.207/29.271
=20.3685

X5=Revenue/Total Assets
=14.893/554.728
=0.0268

The zones of discrimination were as such:

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

Solid Power has a Altman Z-Score of 11.54 indicating it is in Safe 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 11.54 mean?
Solid Power (SLDP) has a Altman Z-Score of 11.54 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Solid Power and its competitors. This is 30% above median its historical median of 8.90. Over the past decade, Solid Power's Altman Z-Score has ranged from 3.94 to 16.11. According to the industry distribution chart, Solid Power ranks #52 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 4%.
Is Solid Power's Altman Z-Score too high?
Solid Power's current Altman Z-Score of 11.54 is 30% above median its 10-year median of 8.90. Over the past 10 years, this metric has ranged from a low of 3.94 to a high of 16.11. The Vehicles & Parts industry median Altman Z-Score is 2.56. Solid Power's value of 11.54 is 350.8% above this industry median. Based on the distribution chart, Solid Power ranks #52 out of 1313 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Solid Power has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Solid Power's Altman Z-Score compare to FOXF and SMP?
According to the Vehicles & Parts industry distribution chart, Solid Power ranks #52 out of 1313 companies for Altman Z-Score. This places Solid Power in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.56. Solid Power's value of 11.54 is 350.8% above this benchmark. Historically, Solid Power's own Altman Z-Score has ranged from 3.94 to 16.11 over the past decade. While the company's 10-year median is 8.90 vs. the industry median of 2.56, Solid Power 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.56, based on 1,313 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. Solid Power's current Altman Z-Score of 11.54 is 350.8% 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 Solid Power and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Power's current Altman Z-Score is 11.54, which is 30% above median its own 10-year median of 8.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Power stock overvalued right now?
Based on GuruFocus' analysis, Solid Power (SLDP) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.43, compared to a current price of $2.65 — trading 85.3% above its estimated fair value. The current Altman Z-Score is 11.54, which is 30% above median its 10-year median of 8.90 and 350.8% above the Vehicles & Parts industry median of 2.56. Solid Power's overall GF Score™ is 60/100 with 5 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 Solid Power (SLDP), the current Altman Z-Score is 11.54 as of Jun. 24, 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.

Is Solid Power (SLDP) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Power stock appears to be overvalued. The current stock price of $2.65 is trading 85.3% above its estimated GF Value™ of $1.43. GuruFocus considers Solid Power to be Significantly Overvalued.

Key valuation signals for SLDP:

  • Altman Z-Score: 11.54 (30% above median its 10-year median of 8.90)
  • GF Value™: $1.43 vs. price of $2.65 (85.3% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 350.8% above the Vehicles & Parts median (#52 of 1313)

No single metric tells the full story. See the SLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Power Business Description

Other Exchanges 4KD0:Germany
Address 486 South Pierce Avenue, Suite E, Louisville, CO, USA, 80027
Solid Power Inc develops solid-state battery technology and manufacturing processes. Its sulfide-based solid electrolyte material replaces the liquid or gel electrolyte used in traditional lithium-ion battery cells and enables improvement in energy density, battery life and safety performance. The company produces electrolytes on two pilot manufacturing lines using a batch manufacturing process for customer sampling and internal cell development, and manufactures solid-state cells on pre-pilot and pilot cell manufacturing lines. Its cell manufacturing processes are developed around industry-standard lithium-ion battery manufacturing processes and equipment, and it manufactures all cell designs, including cathodes and anodes, using materials sourced from external suppliers.
60GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.65
Price
$1.43
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