Avalon Rare Metals Inc.
AVLNF
Avalon Rare Metals Inc.’s revenue for fiscal 2025 (year ended August 2025) was $35,800.00, down 55.6% from fiscal 2024. In the quarter to February 2026, revenue grew 428.5%, EPS fell 581.4%, free cash flow fell 181.2% and total debt fell 94.4%, each against the same quarter a year earlier.
Follow AVLNF
Avalon Rare Metals Inc. (AVLNF) Altman Z-score
Avalon Rare Metals Inc.'s Altman Z-score for fiscal 2025 is −1.16, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | −1.16 | 0.02 |
| FY2024 | −1.18 | (0.24) |
| FY2023 | −0.94 | 0.18 |
| FY2022 | −1.12 | (0.03) |
| FY2021 | −1.09 | 0.12 |
| FY2020 | −1.21 | (0.23) |
| FY2019 | −0.99 | (0.03) |
| FY2018 | −0.96 | (0.03) |
| FY2017 | −0.93 | (0.06) |
| FY2016 | −0.87 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | (0.02) | — | −0.02 | |
| Retained earnings / total assets | (0.76) | — | −1.06 | |
| EBIT / total assets | (0.03) | — | −0.08 | |
| Market value of equity / total liabilities | 0.01 | — | 0.01 | |
| Sales / total assets | 0.00 | — | 0.00 | |
| Altman Z-score | Distress zone | −1.16 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 8.02 | ||
Z and Z″ put Avalon Rare Metals Inc. in different zones: distress zone by Z, safe zone by Z″.
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.
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