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Hydrocarbon Dynamics (Hydrocarbon Dynamics) Financial Strength : 0 (As of Dec. 2023)


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What is Hydrocarbon Dynamics Financial Strength?

Hydrocarbon Dynamics 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.

Hydrocarbon Dynamics has no long-term debt (1). Hydrocarbon Dynamics's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Hydrocarbon Dynamics's Altman Z-Score is -64.86.

(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 Hydrocarbon Dynamics's Financial Strength

For the Specialty Chemicals subindustry, Hydrocarbon Dynamics'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.


Hydrocarbon Dynamics's Financial Strength Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hydrocarbon Dynamics's Financial Strength distribution charts can be found below:

* The bar in red indicates where Hydrocarbon Dynamics's Financial Strength falls into.



Hydrocarbon Dynamics 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:

Hydrocarbon Dynamics's Interest Expense for the months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was $-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Hydrocarbon Dynamics's Interest Coverage for the quarter that ended in Dec. 2023 is

Hydrocarbon Dynamics had no long-term debt (1).

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

Good Sign:

Hydrocarbon Dynamics Ltd has no debt.

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

Hydrocarbon Dynamics's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0.51
=0.00

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.

Hydrocarbon Dynamics has a Z-score of -64.86, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -64.86 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.


Hydrocarbon Dynamics  (OTCPK:PYMOF) 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.

Hydrocarbon Dynamics has the Financial Strength Rank of 0.


Hydrocarbon Dynamics Financial Strength Related Terms

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Hydrocarbon Dynamics (Hydrocarbon Dynamics) Business Description

Traded in Other Exchanges
Address
412 Collins Street, Level 6, Melbourne, VIC, AUS, 3000
Hydrocarbon Dynamics Ltd is a provider of Oil and Gas production chemicals. It is engaged in the sales and marketing of its proprietary products as well as the evaluation of oil projects in North America and internationally. It has two operating segment Exploration division, Chemical division. The exploration division comprises the exploration, development, and production of oil and gas projects in the United states, and the Chemical division comprises clean oil technology and business (HCD) around the world.

Hydrocarbon Dynamics (Hydrocarbon Dynamics) Headlines