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Mawson Gold (Mawson Gold) Financial Strength : 7 (As of Feb. 2024)


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What is Mawson Gold Financial Strength?

Mawson Gold has the Financial Strength Rank of 7.

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.

Mawson Gold did not have earnings to cover the interest expense. As of today, Mawson Gold's Altman Z-Score is 0.00.


Competitive Comparison of Mawson Gold's Financial Strength

For the Gold subindustry, Mawson 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.


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

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

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



Mawson 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:

Mawson Gold's Interest Expense for the months ended in Feb. 2024 was $-0.00 Mil. Its Operating Income for the months ended in Feb. 2024 was $-0.84 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.10 Mil.

Mawson Gold's Interest Coverage for the quarter that ended in Feb. 2024 is

Mawson Gold 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.

Mawson Gold's Debt to Revenue Ratio for the quarter that ended in Feb. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Feb. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.064 + 0.099) / 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.

Mawson 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.


Mawson Gold  (OTCPK:MWSNF) 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.

Mawson Gold has the Financial Strength Rank of 7.


Mawson Gold Financial Strength Related Terms

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Mawson Gold (Mawson Gold) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Mawson Gold Ltd is a gold exploration company. Its projects include Rompas-Rajapalot project, Skelleftea North, Sunday Creek, Redcastle, Whroo JV and Mt Isa among others. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets.