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EF EnergyFunders Ventures (EF EnergyFunders Ventures) Financial Strength : 0 (As of Sep. 2023)


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What is EF EnergyFunders Ventures Financial Strength?

EF EnergyFunders Ventures 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.

EF EnergyFunders Ventures did not have earnings to cover the interest expense. EF EnergyFunders Ventures's debt to revenue ratio for the quarter that ended in Sep. 2023 was 3.73. As of today, EF EnergyFunders Ventures's Altman Z-Score is -28.78.


Competitive Comparison of EF EnergyFunders Ventures's Financial Strength

For the Oil & Gas E&P subindustry, EF EnergyFunders Ventures'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.


EF EnergyFunders Ventures's Financial Strength Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EF EnergyFunders Ventures's Financial Strength distribution charts can be found below:

* The bar in red indicates where EF EnergyFunders Ventures's Financial Strength falls into.



EF EnergyFunders Ventures 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:

EF EnergyFunders Ventures's Interest Expense for the months ended in Sep. 2023 was $-0.01 Mil. Its Operating Income for the months ended in Sep. 2023 was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.25 Mil.

EF EnergyFunders Ventures's Interest Coverage for the quarter that ended in Sep. 2023 is

EF EnergyFunders Ventures 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.

EF EnergyFunders Ventures'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
=(2.691 + 0.251) / 0.788
=3.73

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.

EF EnergyFunders Ventures has a Z-score of -28.78, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -28.78 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.


EF EnergyFunders Ventures  (OTCPK:EFVIF) 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.

EF EnergyFunders Ventures has the Financial Strength Rank of 0.


EF EnergyFunders Ventures Financial Strength Related Terms

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


EF EnergyFunders Ventures (EF EnergyFunders Ventures) Business Description

Traded in Other Exchanges
Address
716 S. Frio Street, Suite 201, San Antonio, TX, USA, 78207
EF EnergyFunders Ventures Inc is an oil and natural gas exploration and production company, with executive offices in San Antonio, Texas, USA. The company's geographical segment includes Canada and US as well as Fintech platform. It generates maximum revenue from the Fintech platform segment.

EF EnergyFunders Ventures (EF EnergyFunders Ventures) Headlines

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