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Enseco Energy Services (Enseco Energy Services) Financial Strength : 0 (As of Jun. 2015)


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What is Enseco Energy Services Financial Strength?

Enseco Energy Services 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.

Enseco Energy Services did not have earnings to cover the interest expense. Enseco Energy Services's debt to revenue ratio for the quarter that ended in Jun. 2015 was 0.80. As of today, Enseco Energy Services's Altman Z-Score is 0.00.


Competitive Comparison of Enseco Energy Services's Financial Strength

For the Oil & Gas Drilling subindustry, Enseco Energy Services'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.


Enseco Energy Services's Financial Strength Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Enseco Energy Services's Financial Strength falls into.



Enseco Energy Services 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:

Enseco Energy Services's Interest Expense for the months ended in Jun. 2015 was $-0.22 Mil. Its Operating Income for the months ended in Jun. 2015 was $-2.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $0.76 Mil.

Enseco Energy Services's Interest Coverage for the quarter that ended in Jun. 2015 is

Enseco Energy Services 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.

Enseco Energy Services's Debt to Revenue Ratio for the quarter that ended in Jun. 2015 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2015 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(12.019 + 0.755) / 15.968
=0.80

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.

Enseco Energy Services 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.


Enseco Energy Services  (OTCPK:ENSRF) 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.

Enseco Energy Services has the Financial Strength Rank of 0.


Enseco Energy Services Financial Strength Related Terms

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Enseco Energy Services (Enseco Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
138 - 4th Avenue SE, Suite 800, Calgary, AB, CAN, T2G 4Z6
Enseco Energy Services Corp is primarily involved in the exploration of oil and natural resource business activities. It also involved in directional and horizontal drilling, production and frac flow backtesting. The company operates in two regions namely Western Canadian Sedimentary Basin and select markets in the United States of America (USA). It derives most of its revenues from the sale of the exploration business and has operations spread across Canada.

Enseco Energy Services (Enseco Energy Services) Headlines

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