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RJD Green (RJD Green) Financial Strength : 0 (As of Aug. 2023)


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What is RJD Green Financial Strength?

RJD Green 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.

RJD Green's Interest Coverage for the quarter that ended in Aug. 2023 was 163.33. RJD Green's debt to revenue ratio for the quarter that ended in Aug. 2023 was 0.00. As of today, RJD Green's Altman Z-Score is 7.10.


Competitive Comparison of RJD Green's Financial Strength

For the Conglomerates subindustry, RJD Green'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.


RJD Green's Financial Strength Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, RJD Green's Financial Strength distribution charts can be found below:

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



RJD Green 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:

RJD Green's Interest Expense for the months ended in Aug. 2023 was $-0.00 Mil. Its Operating Income for the months ended in Aug. 2023 was $0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.00 Mil.

RJD Green's Interest Coverage for the quarter that ended in Aug. 2023 is

Interest Coverage=-1*Operating Income (Q: Aug. 2023 )/Interest Expense (Q: Aug. 2023 )
=-1*0.49/-0.003
=163.33

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. RJD Green Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

RJD Green's Debt to Revenue Ratio for the quarter that ended in Aug. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Aug. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.007 + 0) / 5.019
=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.

RJD Green has a Z-score of 7.10, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 7.1 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.


RJD Green  (OTCPK:RJDG) 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.

RJD Green has the Financial Strength Rank of 0.


RJD Green Financial Strength Related Terms

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RJD Green (RJD Green) Business Description

Traded in Other Exchanges
N/A
Address
5151 South Mingo Road, Suite F, Tulsa, OK, USA, 741146
RJD Green Inc a development stage company. The company is focused on acquiring and managing assets and companies. It operates in three sectors namely Green environmental, Energy and Specialty contracting services sectors.

RJD Green (RJD Green) Headlines

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