REalloys Inc.
ALOY Basic Materials Other Industrial Metals & Mining
REalloys Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.4 million, down 5.29% from fiscal 2024. In the quarter to June 2026, revenue grew 82.7%, EPS fell 1,006.9%, free cash flow fell 4,222.8% and total debt fell 97.8%, each against the same quarter a year earlier.
Follow ALOY
REalloys Inc. (ALOY) Altman Z-score
REalloys Inc.'s Altman Z-score for fiscal 2025 is 0.04, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 0.04 | 3.52 |
| FY2024 | −3.48 | (1.24) |
| FY2023 | −2.24 | 3.20 |
| FY2022 | −5.43 | (29.71) |
| FY2021 | 24.28 | 27.19 |
| FY2020 | −2.91 | 59.69 |
| FY2019 | −62.60 | (26.69) |
| FY2018 | −35.91 | (1,961.28) |
| FY2016 | 1925.36 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | (0.32) | — | −0.39 | |
| Retained earnings / total assets | (3.15) | — | −4.41 | |
| EBIT / total assets | (0.46) | — | −1.53 | |
| Market value of equity / total liabilities | 10.15 | — | 6.09 | |
| Sales / total assets | 0.28 | — | 0.28 | |
| Altman Z-score | Distress zone | 0.04 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −13.55 | ||
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 |
|---|---|
| UAMY United States Antimony Corporation compare | 28.7× |
| ELVR Elevra Lithium Limited - Sponsored ADR compare | 5.7× |
| ALOY REalloys Inc. | 0.0× |
| WRN Western Copper and Gold Corporation compare | — |
| TMQ Trilogy Metals Inc. compare | — |
| SLI Standard Lithium Ltd. compare | — |
| IPX IperionX Limited Sponsored ADR compare | — |
| NMG Nouveau Monde Graphite Inc. compare | — |
| NB NioCorp Developments Ltd. compare | — |
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