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SSPLF (Safe Supply Streaming Co) Financial Strength : 0 (As of Jun. 2024)


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What is Safe Supply Streaming Co Financial Strength?

Safe Supply Streaming Co 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.

Safe Supply Streaming Co has no long-term debt (1). As of today, Safe Supply Streaming Co's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Safe Supply Streaming Co's Financial Strength

For the Asset Management subindustry, Safe Supply Streaming Co'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.


Safe Supply Streaming Co's Financial Strength Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Safe Supply Streaming Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Safe Supply Streaming Co's Financial Strength falls into.



Safe Supply Streaming Co 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:

Safe Supply Streaming Co's Interest Expense for the months ended in Jun. 2024 was $0.00 Mil. Its Operating Income for the months ended in Jun. 2024 was $-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil.

Safe Supply Streaming Co's Interest Coverage for the quarter that ended in Jun. 2024 is

Safe Supply Streaming Co had no long-term debt (1).

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

Good Sign:

Safe Supply Streaming Co Ltd has no debt.

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

Safe Supply Streaming Co's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

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

Safe Supply Streaming Co 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.


Safe Supply Streaming Co  (OTCPK:SSPLF) 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.

Safe Supply Streaming Co has the Financial Strength Rank of 0.


Safe Supply Streaming Co Financial Strength Related Terms

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Safe Supply Streaming Co Business Description

Traded in Other Exchanges
Address
666 Burrard Street, 25th Floor, Vancouver, BC, CAN, V6C 2X8
Safe Supply Streaming Co Ltd is investing in and incubating companies at the forefront of the third wave of drug policy reform. The company is focusing on investments in the psychedelic industry and analyzes, manufactures and distributes psychoactive compounds including the coca plant. The Company plans to invest in opportunities involving which are legally permitted, the research, design, development, testing, production, distribution, and sale of psychedelics and related services.

Safe Supply Streaming Co Headlines

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