GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ojai Oil Co (OTCPK:OJOC) » Definitions » Financial Strength

Ojai Oil Co (Ojai Oil Co) Financial Strength : 4 (As of . 20)


View and export this data going back to 2014. Start your Free Trial

What is Ojai Oil Co Financial Strength?

Ojai Oil Co has the Financial Strength Rank of 4.

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.

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


Competitive Comparison of Ojai Oil Co's Financial Strength

For the Real Estate Services subindustry, Ojai Oil Co'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.


Ojai Oil Co's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ojai Oil Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Ojai Oil Co's Financial Strength falls into.



Ojai Oil Co 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:

Ojai Oil Co's Interest Expense for the months ended in . 20 was $0.00 Mil. Its Operating Income for the months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.

Ojai Oil Co's Interest Coverage for the quarter that ended in . 20 is

Ojai Oil Co 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.

Ojai Oil Co's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 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.

Ojai Oil Co 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.


Ojai Oil Co  (OTCPK:OJOC) 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.

Ojai Oil Co has the Financial Strength Rank of 4.


Ojai Oil Co Financial Strength Related Terms

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


Ojai Oil Co (Ojai Oil Co) Business Description

Traded in Other Exchanges
N/A
Address
4081 Mission Oaks Boulevard, Suite A, Camarillo, CA, USA, 93012
Ojai Oil Co is a California corporation specializing in self-storage investment and management, specific commercial real estate investments, and oilfield production and management.

Ojai Oil Co (Ojai Oil Co) Headlines

No Headlines