SSCFF (SmartCool Systems) Financial Strength: 0 (As of Sep. 2019)

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SSCFF SmartCool Systems Inc SSCFF
12 GF Score
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What is SmartCool Systems Financial Strength?

SmartCool Systems has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

SmartCool Systems did not have earnings to cover the interest expense. SmartCool Systems's debt to revenue ratio for the quarter that ended in Sep. 2019 was 0.66. As of today, SmartCool Systems's Altman Z-Score is 0.00.


SmartCool Systems  (OTCPK:SSCFF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

SmartCool Systems has the Financial Strength Rank of 0.


SmartCool Systems Financial Strength Related Terms


SSCFF vs HUBB: Financial Strength Comparison

For the Electrical Equipment & Parts subindustry, SmartCool Systems'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.


SmartCool Systems Financial Strength vs Industrial Products Industry

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

* The bar in red indicates where SmartCool Systems's Financial Strength falls into.


SSCFF
12GF Score
SmartCool Systems Inc SSCFF
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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SmartCool Systems 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:

SmartCool Systems's Interest Expense for the months ended in Sep. 2019 was $-0.05 Mil. Its Operating Income for the months ended in Sep. 2019 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.39 Mil.

SmartCool Systems's Interest Coverage for the quarter that ended in Sep. 2019 is

SmartCool Systems 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.

SmartCool Systems's Debt to Revenue Ratio for the quarter that ended in Sep. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.05 + 0.393) / 2.2
=0.66

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.

SmartCool Systems 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.


SmartCool Systems Business Description

Address 12 - 1350 W. 14th Avenue, Vancouver, BC, CAN, V6H 1R1
SmartCool Systems Inc is a clean technology company. The firm and its subsidiaries are focused on acquiring, commercializing, and marketing energy-saving technologies for commercial and retail businesses. The company has two principal revenue streams namely ESM and ECO3. The ESM is manufactured by a third party in Australia and is designed specifically to reduce the electricity consumption and demand for refrigeration and air conditioning compressors by improving their performance and maintaining temperature control. ECO3 is manufactured in China and is a retrofit product that can be installed on any air conditioning or refrigeration unit, achieving energy efficiency gains as the ESM for smaller systems. The firm generates most of its revenue from Europe, the Middle East, and Africa.
12GF Score

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Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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