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Sustainable Green Team (Sustainable Green Team) Financial Strength : 3 (As of Mar. 2024)


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What is Sustainable Green Team Financial Strength?

Sustainable Green Team has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Sustainable Green Team Ltd 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 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.

Sustainable Green Team did not have earnings to cover the interest expense. Sustainable Green Team's debt to revenue ratio for the quarter that ended in Mar. 2024 was 22.70. As of today, Sustainable Green Team's Altman Z-Score is 0.72.


Competitive Comparison of Sustainable Green Team's Financial Strength

For the Lumber & Wood Production subindustry, Sustainable Green Team'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.


Sustainable Green Team's Financial Strength Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sustainable Green Team's Financial Strength distribution charts can be found below:

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



Sustainable Green Team 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:

Sustainable Green Team's Interest Expense for the months ended in Mar. 2024 was $-1.22 Mil. Its Operating Income for the months ended in Mar. 2024 was $-1.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

Sustainable Green Team's Interest Coverage for the quarter that ended in Mar. 2024 is

Sustainable Green Team 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.

Sustainable Green Team's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(55.031 + 0) / 2.424
=22.70

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.

Sustainable Green Team has a Z-score of 0.72, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.72 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.


Sustainable Green Team  (OTCPK:SGTM) 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.

Sustainable Green Team has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Sustainable Green Team Financial Strength Related Terms

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Sustainable Green Team (Sustainable Green Team) Business Description

Traded in Other Exchanges
N/A
Address
24200 County RD 561, Astatula, FL, USA, 34705
Sustainable Green Team Ltd, along with its subsidiaries, is engaged in mulch manufacturing. It acquires wood-based, feedstock, and other natural materials used for its mulch products. The company provides tree services, debris hauling, and removal, biomass recycling, mulch manufacturing, packaging, and sales. Its customers include governmental, residential, commercial customers, and retailers.

Sustainable Green Team (Sustainable Green Team) Headlines

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