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Proton Motor Power Systems (LSE:PPS) Financial Strength : 0 (As of Jun. 2023)


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What is Proton Motor Power Systems Financial Strength?

Proton Motor Power Systems 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.

Proton Motor Power Systems did not have earnings to cover the interest expense. Proton Motor Power Systems's debt to revenue ratio for the quarter that ended in Jun. 2023 was 64.93. As of today, Proton Motor Power Systems's Altman Z-Score is -76.65.


Competitive Comparison of Proton Motor Power Systems's Financial Strength

For the Electrical Equipment & Parts subindustry, Proton Motor Power Systems'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.


Proton Motor Power Systems's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proton Motor Power Systems's Financial Strength distribution charts can be found below:

* The bar in red indicates where Proton Motor Power Systems's Financial Strength falls into.



Proton Motor Power Systems 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:

Proton Motor Power Systems's Interest Expense for the months ended in Jun. 2023 was £-3.01 Mil. Its Operating Income for the months ended in Jun. 2023 was £-6.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £119.46 Mil.

Proton Motor Power Systems's Interest Coverage for the quarter that ended in Jun. 2023 is

Proton Motor Power Systems 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.

Proton Motor Power Systems'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
=(1.174 + 119.46) / 1.858
=64.93

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.

Proton Motor Power Systems has a Z-score of -76.65, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -76.65 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.


Proton Motor Power Systems  (LSE:PPS) 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.

Proton Motor Power Systems has the Financial Strength Rank of 0.


Proton Motor Power Systems Financial Strength Related Terms

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


Proton Motor Power Systems (LSE:PPS) Business Description

Traded in Other Exchanges
Address
C/o Womble Bond Dickinson (UK) LLP, 4 More London Riverside, London, GBR, SE1 2AU
Proton Motor Power Systems PLC and its subsidiaries are manufacturers of hydrogen fuel cells and fuel cell systems for mobile, maritime and stationary applications. It offers OEM fuel cell systems products, power supplies, and solar battery storage products. The company is organized into only the principal operating division, Green Energy. Its primary geographic markets are Germany, Europe, and the rest of the world of which Europe generates the majority of its revenue.

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