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Grizzly Energy LLC (Grizzly Energy LLC) Financial Strength : 0 (As of Jun. 2019)


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What is Grizzly Energy LLC Financial Strength?

Grizzly Energy LLC 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.

Grizzly Energy LLC did not have earnings to cover the interest expense. Grizzly Energy LLC's debt to revenue ratio for the quarter that ended in Jun. 2019 was 0.11. As of today, Grizzly Energy LLC's Altman Z-Score is 0.00.


Competitive Comparison of Grizzly Energy LLC's Financial Strength

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


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

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

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



Grizzly Energy LLC 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:

Grizzly Energy LLC's Interest Expense for the months ended in Jun. 2019 was $-1.68 Mil. Its Operating Income for the months ended in Jun. 2019 was $-22.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0.00 Mil.

Grizzly Energy LLC's Interest Coverage for the quarter that ended in Jun. 2019 is

Grizzly Energy LLC did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Vanguard Natural Resources LLCs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

Grizzly Energy LLC's Debt to Revenue Ratio for the quarter that ended in Jun. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(30.628 + 0) / 283.684
=0.11

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.

Grizzly Energy LLC 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.


Grizzly Energy LLC  (GREY:GRZZP.PFD) 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.

Grizzly Energy LLC has the Financial Strength Rank of 0.


Grizzly Energy LLC Financial Strength Related Terms

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


Grizzly Energy LLC (Grizzly Energy LLC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5847 San Felipe, Suite 3000, Houston, TX, USA, 77057
Grizzly Energy LLC is an onshore energy company. The company is focused on the acquisition and development of oil and natural gas properties in the United States. Its properties comprise of Anadarko, Arkoma, Big Horn, Green River, Gulf Coast and Permian.