Bimergen Energy Corporation
BESS Utilities Utilities Renewable
Bimergen Energy Corporation’s revenue for fiscal 2022 (year ended December 2022) was $26,200.00. In the quarter to June 2026, revenue grew 14,700.0%, EPS grew 237.5% and free cash flow grew 247.7%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.
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Bimergen Energy Corporation (BESS) Altman Z-score
Bimergen Energy Corporation's Altman Z-score for fiscal 2022 is 1023.45, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2022 | 1023.45 | 1,125.88 |
| FY2020 | −102.43 | (73.95) |
| FY2019 | −28.48 | (21.29) |
| FY2018 | −7.19 | (2.99) |
| FY2017 | −4.20 | (0.16) |
| FY2016 | −4.04 | (2.68) |
| FY2015 | −1.36 | — |
How fiscal 2022’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.95 | — | 1.14 | |
| Retained earnings / total assets | (5.20) | — | −7.29 | |
| EBIT / total assets | (4.09) | — | −13.50 | |
| Market value of equity / total liabilities | 1,738.30 | — | 1042.98 | |
| Sales / total assets | 0.12 | — | 0.12 | |
| Altman Z-score | Safe zone | 1023.45 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −19.89 | ||
Z and Z″ put Bimergen Energy Corporation in different zones: safe zone by Z, distress 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.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| BESS Bimergen Energy Corporation | 1,023× |
| WAVE Eco Wave Power Global AB (publ) Unsponsored ADR compare | 3.8× |
| PBK PowerBank Corporation compare | −0.6× |
| SAFX XCF Global Capital, Inc. compare | −1.1× |
| AGIG Abundia Global Impact Group, Inc. compare | −2.0× |
| STEM Stem, Inc. compare | −6.7× |
| HTOO Fusion Fuel Green PLC compare | −9.7× |
| NXXT NextNRG Inc. compare | −35.4× |
| VGAS Verde Clean Fuels, Inc. 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