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PWRLF (POWR Lithium) Financial Strength : 0 (As of Aug. 2024)


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What is POWR Lithium Financial Strength?

POWR Lithium 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.

POWR Lithium has no long-term debt (1). As of today, POWR Lithium'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 POWR Lithium's Financial Strength

For the Other Industrial Metals & Mining subindustry, POWR Lithium'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.


POWR Lithium's Financial Strength Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, POWR Lithium's Financial Strength distribution charts can be found below:

* The bar in red indicates where POWR Lithium's Financial Strength falls into.



POWR Lithium 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:

POWR Lithium's Interest Expense for the months ended in Aug. 2024 was $0.00 Mil. Its Operating Income for the months ended in Aug. 2024 was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $0.00 Mil.

POWR Lithium's Interest Coverage for the quarter that ended in Aug. 2024 is

POWR Lithium had no long-term debt (1).

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

Good Sign:

POWR Lithium Corp has no debt.

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

POWR Lithium's Debt to Revenue Ratio for the quarter that ended in Aug. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Aug. 2024 ) / 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.

POWR Lithium 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.


POWR Lithium  (OTCPK:PWRLF) 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.

POWR Lithium has the Financial Strength Rank of 0.


POWR Lithium Financial Strength Related Terms

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


POWR Lithium Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3
POWR Lithium Corp is a new mineral exploration and development company focused on American lithium deposits to support domestic demand. It is predominantly engaged in the business of mineral exploration and the development of the ELi Property and the Halo Project.

POWR Lithium Headlines

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POWR Lithium Congratulates American Lithium's Increased Resource Estimate and Positive PEA

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Clear Sky Announces Name Change to POWR Lithium Corp.

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