American Battery Technology Company
ABAT Industrials Waste Management
American Battery Technology Company’s revenue for fiscal 2026 (year ended June 2026) was $21.7 million, up 406.8% from fiscal 2025. In the quarter to June 2026, revenue grew 196.6%, EPS fell 50.0% and free cash flow fell 32.2%, each against the same quarter a year earlier.
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American Battery Technology Company (ABAT) Altman Z-score
American Battery Technology Company's Altman Z-score for fiscal 2026 is 28.85, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 28.85 | 28.90 |
| FY2025 | −0.04 | 3.41 |
| FY2024 | −3.46 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.41 | — | 0.49 | |
| Retained earnings / total assets | (2.51) | — | −3.51 | |
| EBIT / total assets | (0.56) | — | −1.86 | |
| Market value of equity / total liabilities | 55.95 | — | 33.57 | |
| Sales / total assets | 0.16 | — | 0.16 | |
| Altman Z-score | Safe zone | 28.85 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 11.29 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| ABAT American Battery Technology Company | 28.9× |
| YDDL One and One Green Technologies. Inc compare | 14.8× |
| PESI Perma-Fix Environmental Services, Inc. compare | 2.4× |
| ONT Onterris, Inc. compare | 1.6× |
| AMBIQ Ambipar Emergency Response compare | 1.2× |
| QRHC Quest Resource Holding Corporation. compare | 0.5× |
| ENGS Energys Group Limited compare | −0.2× |
| LICYQ Li-Cycle Holdings Corp. compare | −1.2× |
| LNZA LanzaTech Global, Inc. compare | −16.0× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets