Strategic MineralsSMNLF +12.70% Altman Z-Score is 28.08 as of Jun. 24, 2026, which is 1823% above its 10-year median of 1.46. The stock has 2 warning signs investors should review. Among 790 Metals & Mining companies, Strategic Minerals ranks better than 94.3% 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 34.52 is strong.
Strategic Minerals has a Altman Z-Score of 28.08, 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 Strategic Minerals's Altman Z-Score or its related term are showing as below:
SMNLF'
s Altman Z-Score Range Over the Past 10 Years
Min: -13.82 Med: 1.46 Max: 34.52
Current: 34.52
During the past 13 years, Strategic Minerals's highest Altman Z-Score was 34.52. The lowest was -13.82. And the median was 1.46.
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.
Strategic Minerals Altman Z-Score Related Terms
Strategic Minerals Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Strategic Minerals'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, Strategic Minerals'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.
Strategic Minerals Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Strategic Minerals's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Strategic Minerals'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.
Strategic Minerals'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
*
-0.0552
+
1.4
*
-4.5184
+
3.3
*
0.0714
+
0.6
*
56.3465
+
1.0
*
0.4291
=
28.08
* 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.
Strategic Minerals (SMNLF) has a Altman Z-Score of 28.08 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Strategic Minerals and its competitors. This is 1823% above median its historical median of 1.46. According to the industry distribution chart, Strategic Minerals ranks #45 out of 790 companies in the Metals & Mining industry, placing it in the top 5.7%.
Is Strategic Minerals' Altman Z-Score too high?
Strategic Minerals' current Altman Z-Score of 28.08 is 1823% above median its 10-year median of 1.46. The Metals & Mining industry median Altman Z-Score is 3.45. Strategic Minerals' value of 28.08 is 715.1% above this industry median. Based on the distribution chart, Strategic Minerals ranks #45 out of 790 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Strategic Minerals' Altman Z-Score compare to competitors?
According to the Metals & Mining industry distribution chart, Strategic Minerals ranks #45 out of 790 companies for Altman Z-Score. This places Strategic Minerals in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.45. Strategic Minerals' value of 28.08 is 715.1% above this benchmark. While the company's 10-year median is 1.46 vs. the industry median of 3.45, Strategic Minerals 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 3.45, 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. Strategic Minerals's current Altman Z-Score of 28.08 is 715.1% 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 Strategic Minerals and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strategic Minerals's current Altman Z-Score is 28.08, which is 1823% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Minerals stock overvalued right now?
Strategic Minerals (SMNLF) has a current Altman Z-Score of 28.08. The current Altman Z-Score is 28.08, which is 1823% above median its 10-year median of 1.46 and 715.1% above the Metals & Mining industry median of 3.45. 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 Strategic Minerals (SMNLF), the current Altman Z-Score is 28.08 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.
Strategic Minerals PLC is a UK-based mineral production and development company. The principal business activity of the company is the exploration, development, and operation of mining projects. Its operating segments include Southern Minerals Group LLC (SMG), Head Office, Development Asset, and United Kingdom. It derives a majority of the revenue from the SMG segment that is involved in the sale of magnetite to both the USA domestic market and historically transported magnetite to port for onward export sale.
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