GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kiwetinohk Energy Corp (FRA:Y9B) » Definitions » Financial Strength

Kiwetinohk Energy (FRA:Y9B) Financial Strength : 5 (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Kiwetinohk Energy Financial Strength?

Kiwetinohk Energy has the Financial Strength Rank of 5.

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.

Kiwetinohk Energy's Interest Coverage for the quarter that ended in Dec. 2024 was 4.39. Kiwetinohk Energy's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.52. As of today, Kiwetinohk Energy's Altman Z-Score is 1.50.


Competitive Comparison of Kiwetinohk Energy's Financial Strength

For the Oil & Gas E&P subindustry, Kiwetinohk Energy'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.


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

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

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


;
;

Kiwetinohk Energy 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:

Kiwetinohk Energy's Interest Expense for the months ended in Dec. 2024 was €-3.8 Mil. Its Operating Income for the months ended in Dec. 2024 was €16.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €187.4 Mil.

Kiwetinohk Energy's Interest Coverage for the quarter that ended in Dec. 2024 is

Interest Coverage=-1*Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*16.659/-3.792
=4.39

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

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

Kiwetinohk Energy's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.139 + 187.435) / 367.704
=0.52

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.

Kiwetinohk Energy has a Z-score of 1.50, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.5 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.


Kiwetinohk Energy  (FRA:Y9B) 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.

Kiwetinohk Energy has the Financial Strength Rank of 5.


Kiwetinohk Energy Financial Strength Related Terms

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


Kiwetinohk Energy Business Description

Traded in Other Exchanges
Address
250 - 2nd Street SW, Suite 1700, Calgary, AB, CAN, T2P 0C1
Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture, and hydrogen clean energy projects. The Company's business activities include an upstream segment involved in the exploration and development of petroleum and natural gas in western Canada and a power segment involved in evaluating and developing low carbon solutions for the energy industry and securing access to downstream markets including power and hydrogen.

Kiwetinohk Energy Headlines

No Headlines