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NTCXF (Natcore Technology) Financial Strength : 0 (As of Sep. 2018)


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What is Natcore Technology Financial Strength?

Natcore Technology 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.

Natcore Technology did not have earnings to cover the interest expense. As of today, Natcore Technology's Altman Z-Score is 0.00.


Competitive Comparison of Natcore Technology's Financial Strength

For the Solar subindustry, Natcore Technology'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.


Natcore Technology's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Natcore Technology's Financial Strength distribution charts can be found below:

* The bar in red indicates where Natcore Technology's Financial Strength falls into.



Natcore Technology 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:

Natcore Technology's Interest Expense for the months ended in Sep. 2018 was $-0.00 Mil. Its Operating Income for the months ended in Sep. 2018 was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.00 Mil.

Natcore Technology's Interest Coverage for the quarter that ended in Sep. 2018 is

Natcore Technology 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.

Natcore Technology's Debt to Revenue Ratio for the quarter that ended in Sep. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2018 ) / 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.

Natcore Technology 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.


Natcore Technology  (OTCPK:NTCXF) 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.

Natcore Technology has the Financial Strength Rank of 0.


Natcore Technology Financial Strength Related Terms

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Natcore Technology Business Description

Traded in Other Exchanges
N/A
Address
189 North Water Street, Suite 700, Rochester, NY, USA, 14604-1163
Natcore Technology Inc is a Canada based company. It is a research and development company providing solar cells with improved efficiency and reduced cost. It is focused on using its proprietary nanotechnology discoveries to enable a variety of applications including laser processing, tandem quantum-dot solar cells and its Natcore Foil Cell structure, the development of which eliminates the need to use high-cost silver in mass-manufactured silicon solar cells.

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