GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BlueRock Diamonds PLC (LSE:BRD) » Definitions » Financial Strength

BlueRock Diamonds (LSE:BRD) Financial Strength : 0 (As of Jun. 2022)


View and export this data going back to 2013. Start your Free Trial

What is BlueRock Diamonds Financial Strength?

BlueRock Diamonds 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.

BlueRock Diamonds did not have earnings to cover the interest expense. BlueRock Diamonds's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.38. As of today, BlueRock Diamonds's Altman Z-Score is 0.00.


Competitive Comparison of BlueRock Diamonds's Financial Strength

For the Other Precious Metals & Mining subindustry, BlueRock Diamonds'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.


BlueRock Diamonds's Financial Strength Distribution in the Metals & Mining Industry

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

* The bar in red indicates where BlueRock Diamonds's Financial Strength falls into.



BlueRock Diamonds 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:

BlueRock Diamonds's Interest Expense for the months ended in Jun. 2022 was £-0.23 Mil. Its Operating Income for the months ended in Jun. 2022 was £-0.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was £2.51 Mil.

BlueRock Diamonds's Interest Coverage for the quarter that ended in Jun. 2022 is

BlueRock Diamonds 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.

BlueRock Diamonds's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.602 + 2.511) / 8.158
=0.38

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.

BlueRock Diamonds 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.


BlueRock Diamonds  (LSE:BRD) 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.

BlueRock Diamonds has the Financial Strength Rank of 0.


BlueRock Diamonds Financial Strength Related Terms

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


BlueRock Diamonds (LSE:BRD) Business Description

Traded in Other Exchanges
N/A
Address
George Street, 4th Floor, Reading Bridge House, Berkshire, Reading, GBR, RG1 8LS
BlueRock Diamonds PLC is engaged in diamond mining in the Kimberley region of South Africa. The company has a mining right and operates in the Kareevlei Tenements. Its Kareevlei Project has over 3000 hectares in the Northern Cape province of South Africa, which is approximately 100 kilometers North West of Kimberley. The company's revenue comprises the sale of rough diamonds.