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MPM Technologies (MPM Technologies) Financial Strength : 0 (As of Sep. 2010)


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What is MPM Technologies Financial Strength?

MPM Technologies 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.

MPM Technologies did not have earnings to cover the interest expense. MPM Technologies's debt to revenue ratio for the quarter that ended in Sep. 2010 was 94.95. As of today, MPM Technologies's Altman Z-Score is 0.00.


Competitive Comparison of MPM Technologies's Financial Strength

For the Pollution & Treatment Controls subindustry, MPM Technologies'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.


MPM Technologies's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MPM Technologies's Financial Strength distribution charts can be found below:

* The bar in red indicates where MPM Technologies's Financial Strength falls into.



MPM Technologies 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:

MPM Technologies's Interest Expense for the months ended in Sep. 2010 was $-0.26 Mil. Its Operating Income for the months ended in Sep. 2010 was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2010 was $0.00 Mil.

MPM Technologies's Interest Coverage for the quarter that ended in Sep. 2010 is

MPM Technologies 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.

MPM Technologies's Debt to Revenue Ratio for the quarter that ended in Sep. 2010 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2010 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(14.432 + 0) / 0.152
=94.95

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.

MPM Technologies 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.


MPM Technologies  (OTCPK:MPML) 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.

MPM Technologies has the Financial Strength Rank of 0.


MPM Technologies Financial Strength Related Terms

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


MPM Technologies (MPM Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1727 East Springfield Avenue, Suite C, Spokane, WA, USA, 99202
MPM Technologies Inc is a United States based holding company. Through its subsidiaries, the company designs, engineers, supplies and services air pollution control systems. It is also engaged in the development and marketing of Skygas, a patented waste-to-fuel technology fuel, and development and exploration of gold and silver properties in Montana, US.

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