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PGFF (Pioneer Green Farms) Financial Strength : 0 (As of Sep. 2024)


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What is Pioneer Green Farms Financial Strength?

Pioneer Green Farms has the Financial Strength Rank of 0.

Warning Sign:

Pioneer Green Farms Inc displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Pioneer Green Farms did not have earnings to cover the interest expense. As of today, Pioneer Green Farms's Altman Z-Score is -15.46.


Competitive Comparison of Pioneer Green Farms's Financial Strength

For the Farm Products subindustry, Pioneer Green Farms'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.


Pioneer Green Farms's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pioneer Green Farms's Financial Strength distribution charts can be found below:

* The bar in red indicates where Pioneer Green Farms's Financial Strength falls into.


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Pioneer Green Farms 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:

Pioneer Green Farms's Interest Expense for the months ended in Sep. 2024 was $-0.01 Mil. Its Operating Income for the months ended in Sep. 2024 was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.21 Mil.

Pioneer Green Farms's Interest Coverage for the quarter that ended in Sep. 2024 is

Pioneer Green Farms 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.

Pioneer Green Farms's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.878 + 0.208) / 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.

Pioneer Green Farms has a Z-score of -15.46, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -15.46 is in distress zone. This implies bankruptcy 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.


Pioneer Green Farms  (OTCPK:PGFF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Pioneer Green Farms has the Financial Strength Rank of 0.


Pioneer Green Farms Financial Strength Related Terms

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


Pioneer Green Farms Business Description

Traded in Other Exchanges
N/A
Address
1301 10th Avenue East, Suite G, Palmetto, FL, USA, 34221
Pioneer Green Farms Inc is engaged in growing hemp flowers from seeds to oil. The seed is planted and harvested then extracted to oil. The Company engages an extraction facility to extract the oil from the plants. Its Vision is to grow the highest quality hemp flower and provide organic products on its owned and family-operated farms. The hemp is hand-seeded, cultivated, and harvested at optimum bloom. In addition to hemp cultivation, at the Drymon Farm, it is also producing peaches, lychee, dragon fruit, passion fruit, and longan fruit stock trees for resale.

Pioneer Green Farms Headlines