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Nuclear Fuels (Nuclear Fuels) Financial Strength : 8 (As of Jun. 2023)


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What is Nuclear Fuels Financial Strength?

Nuclear Fuels has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

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.

Nuclear Fuels has no long-term debt (1). As of today, Nuclear Fuels's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Nuclear Fuels's Financial Strength

For the Uranium subindustry, Nuclear Fuels'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.


Nuclear Fuels's Financial Strength Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Nuclear Fuels's Financial Strength distribution charts can be found below:

* The bar in red indicates where Nuclear Fuels's Financial Strength falls into.



Nuclear Fuels 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:

Nuclear Fuels's Interest Expense for the months ended in Jun. 2023 was $0.00 Mil. Its Operating Income for the months ended in Jun. 2023 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil.

Nuclear Fuels's Interest Coverage for the quarter that ended in Jun. 2023 is

Nuclear Fuels had no long-term debt (1).

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

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

Nuclear Fuels's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 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.

Nuclear Fuels 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.


Nuclear Fuels  (OTCPK:NFUNF) 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.

Nuclear Fuels has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Nuclear Fuels Financial Strength Related Terms

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Nuclear Fuels (Nuclear Fuels) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8
Nuclear Fuels Inc is a well-funded early-stage exploration company focused on high-grade heavy rare earth elements (REE) and uranium targets in Labrador Canada, as well as district-scale uranium projects with known current and historical 43-101 ISR (In-Situ Recovery) amenable uranium resources in the United States. It holds an option to acquire the LAB Critical Metals property located in Labrador; the largest ISR uranium exploration project in the premiere ISR state: Wyoming, USA and other projects in the United States.

Nuclear Fuels (Nuclear Fuels) Headlines

From GuruFocus

Year End Letter to Shareholders

By PRNewswire 12-22-2023