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Chakana Copper (STU:1ZX) Altman Z-Score : N/A (As of Dec. 13, 2024)


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What is Chakana Copper Altman Z-Score?

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.

Chakana Copper has a Altman Z-Score of N/A, 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 Chakana Copper's Altman Z-Score or its related term are showing as below:

During the past 12 years, Chakana Copper's highest Altman Z-Score was 638.29. The lowest was 21.99. And the median was 42.59.


Chakana Copper Altman Z-Score Historical Data

The historical data trend for Chakana Copper'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.

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Chakana Copper Altman Z-Score Chart

Chakana Copper Annual Data
Trend Mar14 Mar15 Mar16 Mar17 May19 May20 May21 May22 May23 May24
Altman Z-Score
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Chakana Copper Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of Chakana Copper's Altman Z-Score

For the Other Precious Metals & Mining subindustry, Chakana Copper'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.


Chakana Copper's Altman Z-Score Distribution in the Metals & Mining Industry

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

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



Chakana Copper 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.

Chakana Copper'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*0.1507+1.4*-10.9134+3.3*-1.9667+0.6*8.8386+1.0*0
=N/A

* 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 Aug. 2024:
Total Assets was €2.89 Mil.
Total Current Assets was €0.74 Mil.
Total Current Liabilities was €0.31 Mil.
Retained Earnings was €-31.51 Mil.
Pre-Tax Income was -4.323 + -0.704 + -0.348 + -0.303 = €-5.68 Mil.
Interest Expense was 0 + 0 + 0 + 0 = €0.00 Mil.
Revenue was 0 + 0 + 0 + 0 = €0.00 Mil.
Market Cap (Today) was €4.49 Mil.
Total Liabilities was €0.51 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
=(0.741 - 0.306)/2.887
=0.1507

X2=Retained Earnings/Total Assets
=-31.507/2.887
=-10.9134

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-5.678 - 0)/2.887
=-1.9667

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=4.490/0.508
=8.8386

X5=Revenue/Total Assets
=0/2.887
=0

The zones of discrimination were as such:

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

Chakana Copper has a Altman Z-Score of N/A 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.


Chakana Copper  (STU:1ZX) 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.


Chakana Copper Altman Z-Score Related Terms

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Chakana Copper Business Description

Traded in Other Exchanges
Address
1012-1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Chakana Copper Corp is a Canada-based company focused on the exploration of the Soledad copper-gold-silver project located in Central Peru. It operates in one business segment that is exploration and development of unproven exploration and evaluation assets. Its project includes Soledad project.

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