Oceanagold Corp.

OGC Basic Materials Gold

Oceanagold Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 46.3% from fiscal 2024.

Revenue
+49.7%
EPS
+95.3%
Free cash flow
+8.33%
Total debt
+8.49%

Quarter to June 2026, against a year earlier

27.56 1.78 +6.90%
Market cap
$6.1B
P/E
7.1×
Fwd P/E
—
Dividend yield
0.65%
F-score
8/9
Altman Z
6.32
Beneish M
−2.73
Dividend safety
n/a

Oceanagold Corp. (OGC) Altman Z-score

Alert me on Altman Z-score

Oceanagold Corp.'s Altman Z-score for fiscal 2025 is 6.32, in the safe zone (above 2.99).

Altman Z-score, annual

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Annual newest first

Period Altman Z-score Change (points)
FY2025 6.32 2.93
FY2024 3.39 (0.97)
FY2023 4.36 —

How fiscal 2025’s score is made up

Component This year Year before Result Points
Working capital / total assets 0.07 — 0.08
Retained earnings / total assets 0.33 — 0.47
EBIT / total assets 0.23 — 0.75
Market value of equity / total liabilities 7.39 — 4.43
Sales / total assets 0.58 — 0.58
Altman Z-score Safe zone 6.32
Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) Safe zone 5.89

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 zoneabove 2.99above 2.60
Grey zone1.81–2.991.10–2.60
Distress zonebelow 1.81below 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

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

The full definition of Altman Z-score →

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