CFTN (Clifton Mining Co) Probability of Financial Distress (%)


What is Clifton Mining Co Probability of Financial Distress (%)?

Clifton Mining Co does not have enough data to calculate Probability of Financial Distress (%).

Clifton Mining Co  (OTCPK:CFTN) Probability of Financial Distress (%) Explanation

Like the Altman Z-Score, the PFD measures a company's bankruptcy risk in the upcoming year. However, the main drawback of the Z-score is it does not apply to banks and insurance companies. According to Investopedia, the concept of "working capital" does not apply to banks and insurance companies, as financial institutions do not have typical current assets or current liabilities like inventories or accounts payable.

Clifton Mining Co Probability of Financial Distress (%) Related Terms

Clifton Mining Co Probability of Financial Distress (%) Historical Data

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The historical data trend for Clifton Mining Co's Probability of Financial Distress (%) can be seen below:

* 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.

Clifton Mining Co Probability of Financial Distress (%) Chart

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Clifton Mining Co Probability of Financial Distress (%) Competitor Comparison

For the Other Precious Metals & Mining subindustry, Clifton Mining Co's Probability of Financial Distress (%), along with its competitors' market caps and Probability of Financial Distress (%) 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.

Clifton Mining Co Probability of Financial Distress (%) vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Clifton Mining Co's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Clifton Mining Co's Probability of Financial Distress (%) falls into.


Clifton Mining Co Business Description

Address 705 East 50 South, American Fork, UT, USA, 84003
Clifton Mining Co is mainly engaged in mining property management by joint venturing the properties to other companies, including the use of the company's equipment to bring the claims into production and investing in other businesses. It generates revenue by leasing its patented mining claims and milling equipment to third parties, either through direct leasing fees or joint venture relationships, and by receiving net smelter royalty payments. The Company also owns two mill buildings located in Gold Hill, Utah, along with some milling and mining equipment located in those buildings.