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Battle North Gold (Battle North Gold) Financial Strength : 0 (As of Mar. 2021)


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What is Battle North Gold Financial Strength?

Battle North Gold has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Battle North Gold's interest coverage with the available data. As of today, Battle North Gold's Altman Z-Score is 0.00.


Competitive Comparison of Battle North Gold's Financial Strength

For the Gold subindustry, Battle North Gold's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Battle North Gold's Financial Strength Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Battle North Gold's Financial Strength distribution charts can be found below:

* The bar in red indicates where Battle North Gold's Financial Strength falls into.



Battle North Gold Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Battle North Gold's Interest Expense for the months ended in Mar. 2021 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2021 was $-7.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $0.08 Mil.

Battle North Gold's Interest Coverage for the quarter that ended in Mar. 2021 is

GuruFocus does not calculate Battle North Gold's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Battle North Gold's Debt to Revenue Ratio for the quarter that ended in Mar. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.699 + 0.076) / 0
=N/A

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Battle North Gold has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Battle North Gold  (OTCPK:BNAUF) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Battle North Gold has the Financial Strength Rank of 0.


Battle North Gold Financial Strength Related Terms

Thank you for viewing the detailed overview of Battle North Gold's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Battle North Gold (Battle North Gold) Business Description

Traded in Other Exchanges
N/A
Address
121 King Street West, Suite 830, Toronto, ON, CAN, M5H 3T9
Battle North Gold Corp is an exploration company focused on gold mining. The company's projects include Bateman Gold Project, Red Lake Properties, Nevada Properties, and others.
Executives
Robert Ross Mcewen other: See Footnote (1) 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Lexam Explorations (u.s.a.) Inc. other: See Footnote (1) below 99 GEORGE 3RD FLOOR TORONTO A6 M5A 2N4
Evanachan Ltd 10 percent owner, other: See Footnote (1) 99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4
Mcewen Trading Lp other: See Footnote (1) 99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4

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