GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volatus Capital Corp (FRA:VOY0) » Definitions » Financial Strength

Volatus Capital (FRA:VOY0) Financial Strength : 0 (As of Oct. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Volatus Capital Financial Strength?

Volatus Capital has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

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


Competitive Comparison of Volatus Capital's Financial Strength

For the Other Industrial Metals & Mining subindustry, Volatus Capital'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.


Volatus Capital's Financial Strength Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Volatus Capital's Financial Strength falls into.


;
;

Volatus Capital 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:

Volatus Capital's Interest Expense for the months ended in Oct. 2024 was €-0.00 Mil. Its Operating Income for the months ended in Oct. 2024 was €-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was €0.06 Mil.

Volatus Capital's Interest Coverage for the quarter that ended in Oct. 2024 is

Volatus Capital 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.

Volatus Capital's Debt to Revenue Ratio for the quarter that ended in Oct. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Oct. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0.057) / 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.

Volatus Capital 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.


Volatus Capital  (FRA:VOY0) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Volatus Capital has the Financial Strength Rank of 0.


Volatus Capital Financial Strength Related Terms

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


Volatus Capital Business Description

Traded in Other Exchanges
Address
733 Seymour Street, Suite 2900, PO Box 1, Vancouver Centre II, Vancouver, BC, CAN, V6B 0S6
Volatus Capital Corp is engaged in the business of acquiring and exploring mineral resource properties in Canada. The company holds an interest in the Sunset Copper Star Project and the Split Dome Copper Project. The Company has two operating segments: the exploration and evaluation assets in Canada and its investment in Leigh Creek Magnesite Proprietary Limited.

Volatus Capital Headlines

No Headlines