What is QS Energy Financial Strength?
QS Energy 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.
QS Energy did not have earnings to cover the interest expense.
As of today, QS Energy's Altman Z-Score is 0.00.
Competitive Comparison of QS Energy's Financial Strength
For the Oil & Gas Equipment & Services subindustry, QS Energy'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.
QS Energy's Financial Strength Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, QS Energy's Financial Strength distribution charts can be found below:
* The bar in red indicates where QS Energy's Financial Strength falls into.
QS Energy 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:
QS Energy's Interest Expense for the
months ended in Mar. 2024 was $-0.08 Mil. Its Operating Income for the
months ended in Mar. 2024 was $-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.
QS Energy's Interest Coverage for the quarter that ended in Mar. 2024 is
| QS Energy 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.
QS Energy's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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.
QS Energy 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.
QS Energy (QS Energy) Business Description
Traded in Other Exchanges
N/A
Address
23902 FM 2978, Unit No. 1, Tomball, TX, USA, 77375
QS Energy Inc develops and commercializes energy efficiency technologies that assist in increased global energy demands, improvement in the economics of oil extraction and transport, and reduction of greenhouse gas emissions. Its primary technology is Applied Oil Technology (AOT), which is a commercial-grade crude oil pipeline transportation flow assurance product. The company's oil and gas market is segmented into three primary categories namely Upstream Producers, Midstream Transporters, and Downstream Refiners. The Upstream segment is involved in the exploration and production of oil and gas. Midstream companies transport oil and gas to markets via pipelines, rail, and shipping and provide storage in the field and the Downstream sector refines oil and gas into finished products.
Executives
| Eric Bunting |
director |
10701 FORESTGATE, WICHITA KS 67206 |
| Gary M Buchler |
director |
2544 RAMROCK DR., PORTER TX 77365 |
| William Howard Green |
director |
3721 REDMONT TERRACE, EDMOND OK 73034 |
| Richard William Munn |
director |
15 CAMELOT OAKS CT., THE WOODLANDS TX 77382 |
| Michael Scott Mcmullen |
officer: Chief Financial Officer |
PO BOX 1045, TIBURON CA 94920 |
| Jason B Lane |
director, officer: Chief Executive Officer |
23902 RM 2978, TUMBALL TX 77375 |
| Thomas A. Bundros |
director |
735 STATE STREET, #500, SANTA BARBARA CA 93101 |
| Don Dickson |
director |
5266 HOLLISTER AVENUE, SANTA BARBARA CA 93111 |
| Mark Stubbs |
director |
136 W. CANON PERDIDO STREET, STE. A, SANTA BARBARA CA 93427 |
| Ryan K Zinke |
director |
409 W 2ND STREET, WHITEFISH MT 59932 |
| Greggory M Bigger |
officer: CFO |
5266 HOLLISTER AVENUE, SUITE 219, SANTA BARBARA CA 93111 |
| Eugene E Eichler |
officer: Interim CFO |
735 STATE ST. #500, SANTA BARBARA CA 93101 |
| Charles Blum |
director, officer: Chief Executive Officer |
1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784 |
| Cecil Bond Kyte |
director |
5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601 |
| John F Price |
director |
5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601 |
QS Energy (QS Energy) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
QSEP has been successfully added to your