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Sirius Minerals (Sirius Minerals) Financial Strength : 0 (As of Jun. 2019)


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What is Sirius Minerals Financial Strength?

Sirius Minerals 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.

Sirius Minerals did not have earnings to cover the interest expense. As of today, Sirius Minerals's Altman Z-Score is 0.00.


Competitive Comparison of Sirius Minerals's Financial Strength

For the Agricultural Inputs subindustry, Sirius Minerals'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.


Sirius Minerals's Financial Strength Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sirius Minerals's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sirius Minerals's Financial Strength falls into.



Sirius Minerals 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:

Sirius Minerals's Interest Expense for the months ended in Jun. 2019 was $-0.76 Mil. Its Operating Income for the months ended in Jun. 2019 was $-16.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $11.15 Mil.

Sirius Minerals's Interest Coverage for the quarter that ended in Jun. 2019 is

Sirius Minerals 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.

Sirius Minerals's Debt to Revenue Ratio for the quarter that ended in Jun. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(639.67 + 11.153) / 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.

Sirius Minerals 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.


Sirius Minerals  (OTCPK:SRUXY) 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.

Sirius Minerals has the Financial Strength Rank of 0.


Sirius Minerals Financial Strength Related Terms

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


Sirius Minerals (Sirius Minerals) Business Description

Traded in Other Exchanges
N/A
Address
68 Haymarket, Third Floor, Greener House, London, GBR, SW1Y 4RF
Sirius Minerals PLC is a producer of multi-nutrient fertilizers. The company is currently organized into one business division: the UK segment. Under its UK segment, the firm conducts North Yorkshire polyhalite project related activities and the corporate operations. POLY4 is the trademark name of all polyhalite products from the company. The company operates its business mainly in the United Kingdom.

Sirius Minerals (Sirius Minerals) Headlines

From GuruFocus

Sirius Minerals: Financing will be a serious challenge

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