MPIR (Empire Diversified Energy) Financial Strength: 1 (As of Sep. 2023) — Near Median

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MPIR Empire Diversified Energy Inc MPIR
28 GF Score
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What is Empire Diversified Energy Financial Strength?

Empire Diversified Energy MPIR +13.51% 28 Financial Strength is 1 as of Sep. 2023, which is at its 10-year median of 1.00. GuruFocus rates MPIR with a GF Score™ of 28/100.

Empire Diversified Energy has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

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.

Empire Diversified Energy did not have earnings to cover the interest expense. Empire Diversified Energy's debt to revenue ratio for the quarter that ended in Sep. 2023 was 33.19. As of today, Empire Diversified Energy's Altman Z-Score is 0.00.


Empire Diversified Energy  (OTCPK:MPIR) 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.

Empire Diversified Energy has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Empire Diversified Energy Financial Strength Related Terms


MPIR vs BROG, IMPP, PXS: Financial Strength Comparison

For the Oil & Gas Midstream subindustry, Empire Diversified 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.


Empire Diversified Energy Financial Strength vs Oil & Gas Industry

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

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


MPIR
28GF Score
Empire Diversified Energy Inc MPIR
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire Diversified 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:

Empire Diversified Energy's Interest Expense for the months ended in Sep. 2023 was $-4.17 Mil. Its Operating Income for the months ended in Sep. 2023 was $-2.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $61.71 Mil.

Empire Diversified Energy's Interest Coverage for the quarter that ended in Sep. 2023 is

Empire Diversified Energy 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.

Empire Diversified Energy's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(39.983 + 61.705) / 3.064
=33.19

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.

Empire Diversified Energy 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 1 mean?
Empire Diversified Energy (MPIR) has a Financial Strength of 1 as of Sep. 2023. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Empire Diversified Energy and its competitors. This is near median its historical median of 1.00. Over the past decade, Empire Diversified Energy's Financial Strength has ranged from 1.00 to 5.00.
Is Empire Diversified Energy's Financial Strength too high?
Empire Diversified Energy's current Financial Strength of 1 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.00. Overall, Empire Diversified Energy has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Empire Diversified Energy's Financial Strength compare to BROG and IMPP?
Empire Diversified Energy's Financial Strength of 1 can be compared against companies in the Oil & Gas industry. Historically, Empire Diversified Energy's own Financial Strength has ranged from 1.00 to 5.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Oil & Gas company?
A good Financial Strength depends on the Oil & Gas industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Empire Diversified Energy and its competitors. Empire Diversified Energy's current Financial Strength is 1, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Diversified Energy stock overvalued right now?
Empire Diversified Energy (MPIR) has a current Financial Strength of 1. The current Financial Strength is 1, which is near median its 10-year median of 1.00. Empire Diversified Energy's overall GF Score™ is 28/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Empire Diversified Energy (MPIR), the current Financial Strength is 1 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Empire Diversified Energy Business Description

Industry EnergyOil & Gas
Address 1400 Main Street, Follansbee, WV, USA, WV 26037
Empire Diversified Energy Inc is a diversified energy and logistics company. It has developed a wide range of green energy products & solutions to industry problems, offering strategic and cost-effective logistics to address LNG and Petrochemical Storage Hubs, Petrochemical Loading Facilities, Scrap Iron and Mineral Sales, (Slag, HBI, Coal, Water), and Behind the grid utilities company that utilizes waste to energy and recycling systems to provide electricity, waste management and water treatment services. EDE provides a vast array of energy services and sources to energy buyers and sellers.
28GF Score

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Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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