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Questor Technology (Questor Technology) Financial Strength : 8 (As of Dec. 2023)


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What is Questor Technology Financial Strength?

Questor Technology has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

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.

GuruFocus does not calculate Questor Technology's interest coverage with the available data. Questor Technology's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.04. As of today, Questor Technology's Altman Z-Score is 4.18.


Competitive Comparison of Questor Technology's Financial Strength

For the Pollution & Treatment Controls subindustry, Questor Technology'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.


Questor Technology's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Questor Technology's Financial Strength distribution charts can be found below:

* The bar in red indicates where Questor Technology's Financial Strength falls into.



Questor Technology 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:

Questor Technology'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 $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.05 Mil.

Questor Technology's Interest Coverage for the quarter that ended in Dec. 2023 is

GuruFocus does not calculate Questor Technology's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Questor Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

Questor Technology'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
=(0.144 + 0.047) / 4.308
=0.04

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.

Questor Technology has a Z-score of 4.18, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.18 is strong.

* 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.


Questor Technology  (OTCPK:QUTIF) 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.

Questor Technology has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Questor Technology Financial Strength Related Terms

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


Questor Technology (Questor Technology) Business Description

Traded in Other Exchanges
Address
140 - 4 Avenue S.W., Suite 2240, Calgary, AB, CAN, T2P 3N3
Questor Technology Inc is focused on clean air technologies that safely and cost-effectively improve air quality, support energy efficiency, and greenhouse gas emissions reductions. The company designs, manufactures, and services high-efficiency waste gas combustion systems. Its combustion technology is utilized in the effective management of Methane, Hydrogen Sulfide gas, Volatile Organic Hydrocarbons, Hazardous Air Pollutants, and BTEX gases ensuring sustainable development, community acceptance, and regulatory compliance. It has developed heat-to-power generation technology and is marketing its solutions to various markets including landfill biogas, syngas, waste engine exhaust, geothermal and solar, cement plant waste heat in addition to a wide variety of oil and gas projects.

Questor Technology (Questor Technology) Headlines

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