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CCTC (Catalyst Crew Technologies) Financial Strength : 3 (As of Sep. 2024)


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What is Catalyst Crew Technologies Financial Strength?

Catalyst Crew Technologies has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Catalyst Crew Technologies Corp displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

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


Competitive Comparison of Catalyst Crew Technologies's Financial Strength

For the Information Technology Services subindustry, Catalyst Crew Technologies'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.


Catalyst Crew Technologies's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, Catalyst Crew Technologies's Financial Strength distribution charts can be found below:

* The bar in red indicates where Catalyst Crew Technologies's Financial Strength falls into.



Catalyst Crew Technologies 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:

Catalyst Crew Technologies's Interest Expense for the months ended in Sep. 2024 was $-0.01 Mil. Its Operating Income for the months ended in Sep. 2024 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil.

Catalyst Crew Technologies's Interest Coverage for the quarter that ended in Sep. 2024 is

Catalyst Crew Technologies 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.

Catalyst Crew Technologies's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.405 + 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.

Catalyst Crew Technologies 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.


Catalyst Crew Technologies  (OTCPK:CCTC) 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.

Catalyst Crew Technologies has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Catalyst Crew Technologies Financial Strength Related Terms

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Catalyst Crew Technologies Business Description

Traded in Other Exchanges
N/A
Address
30 North Gould Street, Suite R, Sheridan, WY, USA, 82801
Catalyst Crew Technologies Corp formerly Blue Chip Technologies Corp is engaged in data analytics software based intellectual property for use in the gaming industry ("big Data Analytics IP"). Its Data Analytics IP provides a system and method for using data analytics in the gaming industry to maintain fair play and integrity. The system collects data from various sources such as player behavior, transaction history, social media, and more. These can be used to improve player experience, prevent fraud, identify high-risk players, and more.

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