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Perma-Fix Environmental Services (STU:PFX1) Financial Strength : 6 (As of Mar. 2024)


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What is Perma-Fix Environmental Services Financial Strength?

Perma-Fix Environmental Services has the Financial Strength Rank of 6.

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.

Perma-Fix Environmental Services did not have earnings to cover the interest expense. Perma-Fix Environmental Services's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.10. As of today, Perma-Fix Environmental Services's Altman Z-Score is 1.79.


Competitive Comparison of Perma-Fix Environmental Services's Financial Strength

For the Waste Management subindustry, Perma-Fix Environmental Services'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.


Perma-Fix Environmental Services's Financial Strength Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Perma-Fix Environmental Services's Financial Strength distribution charts can be found below:

* The bar in red indicates where Perma-Fix Environmental Services's Financial Strength falls into.



Perma-Fix Environmental Services 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:

Perma-Fix Environmental Services's Interest Expense for the months ended in Mar. 2024 was €-0.12 Mil. Its Operating Income for the months ended in Mar. 2024 was €-4.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3.84 Mil.

Perma-Fix Environmental Services's Interest Coverage for the quarter that ended in Mar. 2024 is

Perma-Fix Environmental Services 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.

Perma-Fix Environmental Services's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.202 + 3.839) / 50.112
=0.10

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.

Perma-Fix Environmental Services has a Z-score of 1.79, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.79 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.


Perma-Fix Environmental Services  (STU:PFX1) 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.

Perma-Fix Environmental Services has the Financial Strength Rank of 6.


Perma-Fix Environmental Services Financial Strength Related Terms

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Perma-Fix Environmental Services (STU:PFX1) Business Description

Traded in Other Exchanges
Address
8302 Dunwoody Place, Suite 250, Atlanta, GA, USA, 30350
Perma-Fix Environmental Services Inc is a provider of both nuclear services and the management of nuclear and mixed waste. The company operates through three segments: Treatment segment offers nuclear, low-level radioactive, Mixed, hazardous and non-hazardous waste treatment, processing and disposal services. Service segment provides on-site waste management services to commercial and government customers, technical services and nuclear services The Medical segment is involved in the research and development of medical isotope production technology.

Perma-Fix Environmental Services (STU:PFX1) Headlines

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