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Silver Tiger Metals (Silver Tiger Metals) Financial Strength : 10 (As of Dec. 2023)


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What is Silver Tiger Metals Financial Strength?

Silver Tiger Metals has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Silver Tiger Metals Inc shows strong financial strength.

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.

Silver Tiger Metals has no long-term debt (1). As of today, Silver Tiger Metals's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Silver Tiger Metals's Financial Strength

For the Other Precious Metals & Mining subindustry, Silver Tiger Metals'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.


Silver Tiger Metals's Financial Strength Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Tiger Metals's Financial Strength falls into.



Silver Tiger Metals 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:

Silver Tiger Metals's Interest Expense for the months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was $-0.84 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Silver Tiger Metals's Interest Coverage for the quarter that ended in Dec. 2023 is

Silver Tiger Metals had no long-term debt (1).

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

Good Sign:

Silver Tiger Metals Inc has no debt.

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

Silver Tiger Metals's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 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.

Silver Tiger Metals 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.


Silver Tiger Metals  (OTCPK:SLVTF) 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.

Silver Tiger Metals has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Silver Tiger Metals Financial Strength Related Terms

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Silver Tiger Metals (Silver Tiger Metals) Business Description

Traded in Other Exchanges
Address
2446 Purcells Cove Road, Halifax, NS, CAN, B3P 2E6
Silver Tiger Metals Inc is a Canada-based mineral exploration company. The company is engaged in exploring silver, gold, and base metals. The company's project includes El Tigre Project which is located in Sonora, Mexico.