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Golden Queen Mining Consolidated (FRA:5GQA) Financial Strength : 0 (As of Sep. 2019)


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What is Golden Queen Mining Consolidated Financial Strength?

Golden Queen Mining Consolidated 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.

Golden Queen Mining Consolidated has no long-term debt (1). As of today, Golden Queen Mining Consolidated's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Golden Queen Mining Consolidated's Financial Strength

For the Other Industrial Metals & Mining subindustry, Golden Queen Mining Consolidated'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.


Golden Queen Mining Consolidated's Financial Strength Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Queen Mining Consolidated's Financial Strength falls into.



Golden Queen Mining Consolidated 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:

Golden Queen Mining Consolidated's Interest Expense for the months ended in Sep. 2019 was €0.00 Mil. Its Operating Income for the months ended in Sep. 2019 was €-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was €0.00 Mil.

Golden Queen Mining Consolidated's Interest Coverage for the quarter that ended in Sep. 2019 is

Golden Queen Mining Consolidated had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Golden Queen Mining Consolidated's Debt to Revenue Ratio for the quarter that ended in Sep. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 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.

Golden Queen Mining Consolidated 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.


Golden Queen Mining Consolidated  (FRA:5GQA) 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.

Golden Queen Mining Consolidated has the Financial Strength Rank of 0.


Golden Queen Mining Consolidated Financial Strength Related Terms

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Golden Queen Mining Consolidated (FRA:5GQA) Business Description

Traded in Other Exchanges
N/A
Address
580 Hornby Street, Suite 880, Vancouver, BC, CAN, V6C 3B6
Golden Queen Mining Consolidated Ltd, formerly Golden Queen Mining Co Ltd is a Canada based company engaged in exploration of minerals. The company holds interests in Soledad Mountain Mine located in the Mojave Mining District, Kern County, California. The Mine uses conventional open pit mining methods and the cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore.

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