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Aurcana Silver (Aurcana Silver) Financial Strength : 0 (As of Sep. 2022)


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What is Aurcana Silver Financial Strength?

Aurcana Silver 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.

Aurcana Silver did not have earnings to cover the interest expense. As of today, Aurcana Silver's Altman Z-Score is 0.00.


Competitive Comparison of Aurcana Silver's Financial Strength

For the Silver subindustry, Aurcana Silver'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.


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

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

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



Aurcana Silver 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:

Aurcana Silver's Interest Expense for the months ended in Sep. 2022 was $-0.06 Mil. Its Operating Income for the months ended in Sep. 2022 was $-2.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil.

Aurcana Silver's Interest Coverage for the quarter that ended in Sep. 2022 is

Aurcana Silver 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.

Aurcana Silver's Debt to Revenue Ratio for the quarter that ended in Sep. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(33.454 + 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.

Aurcana Silver 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.


Aurcana Silver  (OTCPK:AUNFF) 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.

Aurcana Silver has the Financial Strength Rank of 0.


Aurcana Silver Financial Strength Related Terms

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


Aurcana Silver (Aurcana Silver) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 850, Vancouver, BC, CAN, V6C 1H2
Aurcana Silver Corp is engaged in the exploration, development, and operation of natural properties. The company's reportable segments are Ouray Project, Shafter Project, and Corporate and other segments. The company's project includes Revenue-Virginius Mine and Shafter silver property.

Aurcana Silver (Aurcana Silver) Headlines

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