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BC Craft Supply Co (BC Craft Supply Co) Financial Strength : 1 (As of Jun. 2023)


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What is BC Craft Supply Co Financial Strength?

BC Craft Supply Co has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

BC Craft Supply Co Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

BC Craft Supply Co did not have earnings to cover the interest expense. As of today, BC Craft Supply Co's Altman Z-Score is -894.32.


Competitive Comparison of BC Craft Supply Co's Financial Strength

For the Drug Manufacturers - Specialty & Generic subindustry, BC Craft Supply Co'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.


BC Craft Supply Co's Financial Strength Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, BC Craft Supply Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where BC Craft Supply Co's Financial Strength falls into.



BC Craft Supply Co 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:

BC Craft Supply Co's Interest Expense for the months ended in Jun. 2023 was $-0.02 Mil. Its Operating Income for the months ended in Jun. 2023 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.74 Mil.

BC Craft Supply Co's Interest Coverage for the quarter that ended in Jun. 2023 is

BC Craft Supply Co did not have earnings to cover the interest expense.

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

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

BC Craft Supply Co's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(5.168 + 0.744) / 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.

BC Craft Supply Co has a Z-score of -894.32, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -894.32 is in distress zone. This implies bankruptcy 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.


BC Craft Supply Co  (OTCPK:CRFTF) 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.

BC Craft Supply Co has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


BC Craft Supply Co Financial Strength Related Terms

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BC Craft Supply Co (BC Craft Supply Co) Business Description

Traded in Other Exchanges
N/A
Address
8-6014 Vedder Road, Suite 117, Chilliwack, BC, CAN, V5R 5P5
BC Craft Supply Co Ltd is a diversified life sciences company advancing cannabinoid and psychedelic innovation and psychotherapy. It offers a reimagined vision for craft markets through collaboration, expertise, and adaptation. The company's operations include CRFT- an aggregator of craft cannabis; Medcann Health Products - a cannabis facility in Canada; Feelwell Brands - a brand house in the USA; and AVA Pathways - a biotech company focused on psilocybin and compounds derived from mushrooms.