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CONSOL Coal Resources LP (CONSOL Coal Resources LP) Financial Strength : 0 (As of Sep. 2020)


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What is CONSOL Coal Resources LP Financial Strength?

CONSOL Coal Resources LP 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.

CONSOL Coal Resources LP did not have earnings to cover the interest expense. CONSOL Coal Resources LP's debt to revenue ratio for the quarter that ended in Sep. 2020 was 1.03. As of today, CONSOL Coal Resources LP's Altman Z-Score is 0.91.


Competitive Comparison of CONSOL Coal Resources LP's Financial Strength

For the Thermal Coal subindustry, CONSOL Coal Resources LP'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.


CONSOL Coal Resources LP's Financial Strength Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CONSOL Coal Resources LP's Financial Strength distribution charts can be found below:

* The bar in red indicates where CONSOL Coal Resources LP's Financial Strength falls into.



CONSOL Coal Resources LP 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:

CONSOL Coal Resources LP's Interest Expense for the months ended in Sep. 2020 was $-2.5 Mil. Its Operating Income for the months ended in Sep. 2020 was $-3.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $188.1 Mil.

CONSOL Coal Resources LP's Interest Coverage for the quarter that ended in Sep. 2020 is

CONSOL Coal Resources LP 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.

CONSOL Coal Resources LP's Debt to Revenue Ratio for the quarter that ended in Sep. 2020 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2020 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(14.128 + 188.061) / 196.972
=1.03

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.

CONSOL Coal Resources LP has a Z-score of 0.91, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.91 is in distress zone. 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.


CONSOL Coal Resources LP  (NYSE:CCR) 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.

CONSOL Coal Resources LP has the Financial Strength Rank of 0.


CONSOL Coal Resources LP Financial Strength Related Terms

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


CONSOL Coal Resources LP (CONSOL Coal Resources LP) Business Description

Traded in Other Exchanges
N/A
Address
1000 CONSOL Energy Drive, Suite 100, CNX Center, Canonsburg, PA, USA, 15317-6506
CONSOL Coal Resources LP is engaged in the thermal coal operations in Pennsylvania. The company's assets include interests in CONSOL energy's Pennsylvania mining complex, which consists of approximately three underground mines (Bailey Mine, Enlow Fork Mine, and Harvey Mine) and related infrastructure that produce bituminous thermal coal that is sold primarily to electric utilities in the eastern United States. All the operations of the group are conducted at a single mining complex located in the Northern Appalachian Basin in southwestern Pennsylvania.
Executives
Jeffrey L Wallace director, other: SEE REMARKS 1000 CONSOL ENERGY DRIVE CANONSBURG PA 15317
Michael L Greenwood director, other: SEE REMARKS
Dan D Sandman director, other: SEE REMARKS
Miteshkumar Thakkar officer: See Remarks 1000 CONSOL DRIVE, SUITE 100, CANONSBURG PA 15317
John Rothka officer: Chief Accounting Officer 2970 HENDERSON AVENUE, WASHINGTON PA 15301
Consol Energy Inc. director, 10 percent owner 1000 CONSOL ENERGY DRIVE SUITE #100 CANONSBURG PA 15317
Greenlight Capital Inc 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c. 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Capital Management, Lp 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
David Einhorn 10 percent owner, other: See Footnotes (1) - (11) 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Deborah J. Lackovic director, other: SEE REMARKS C/O CONSOL COAL RESOURCES LP 100 CONSOL ENERGY DRIVE, SUITE 100 CANONSBURG PA 15317
Kurt R. Salvatori director, other: SEE REMARKS 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Martha A Wiegand officer: SEE REMARKS 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
James A Brock director, officer: SEE REMARKS 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317