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Wealthcraft Capital (Wealthcraft Capital) Financial Strength : 0 (As of Sep. 2023)


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What is Wealthcraft Capital Financial Strength?

Wealthcraft Capital 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.

Wealthcraft Capital's Interest Coverage for the quarter that ended in Sep. 2023 was 2.15. Wealthcraft Capital's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.52. As of today, Wealthcraft Capital's Altman Z-Score is -28.29.


Competitive Comparison of Wealthcraft Capital's Financial Strength

For the Security & Protection Services subindustry, Wealthcraft Capital'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.


Wealthcraft Capital's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wealthcraft Capital's Financial Strength distribution charts can be found below:

* The bar in red indicates where Wealthcraft Capital's Financial Strength falls into.



Wealthcraft Capital 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:

Wealthcraft Capital's Interest Expense for the months ended in Sep. 2023 was $-0.05 Mil. Its Operating Income for the months ended in Sep. 2023 was $0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

Wealthcraft Capital's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage=-1*Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*0.099/-0.046
=2.15

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Wealthcraft Capital Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

Wealthcraft Capital's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.863 + 0) / 1.66
=0.52

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.

Wealthcraft Capital has a Z-score of -28.29, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -28.29 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.


Wealthcraft Capital  (OTCPK:WCCP) 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.

Wealthcraft Capital has the Financial Strength Rank of 0.


Wealthcraft Capital Financial Strength Related Terms

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


Wealthcraft Capital (Wealthcraft Capital) Business Description

Traded in Other Exchanges
N/A
Address
300 South Park Avenue, Suite 818, Pomona, CA, USA, 91766
Wealthcraft Capital Inc operates through its subsidiary which is engaged in providing security services for commercial, retail, and industrial customers, with customized services and special patrol methods applicable to the cannabis industry.
Executives
Li Jenny Xiao Zhen officer: CFO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Hulleman Curtis Cornelius director, 10 percent owner, officer: Director and CIO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Tallas Kelly Jay Michael director, 10 percent owner, officer: President & CEO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR

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