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Aftermath Silver (STU:FLM1) Financial Strength : 9 (As of Feb. 2024)


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What is Aftermath Silver Financial Strength?

Aftermath Silver has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Aftermath Silver Ltd shows strong financial strength.

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.

Aftermath Silver has no long-term debt (1). As of today, Aftermath Silver'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 Aftermath Silver's Financial Strength

For the Other Industrial Metals & Mining subindustry, Aftermath Silver'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.


Aftermath Silver's Financial Strength Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aftermath Silver's Financial Strength distribution charts can be found below:

* The bar in red indicates where Aftermath Silver's Financial Strength falls into.



Aftermath Silver 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:

Aftermath Silver's Interest Expense for the months ended in Feb. 2024 was €0.00 Mil. Its Operating Income for the months ended in Feb. 2024 was €-0.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €0.00 Mil.

Aftermath Silver's Interest Coverage for the quarter that ended in Feb. 2024 is

Aftermath Silver had no long-term debt (1).

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

Good Sign:

Aftermath Silver Ltd has no debt.

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

Aftermath Silver's Debt to Revenue Ratio for the quarter that ended in Feb. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Feb. 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.

Aftermath Silver 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.


Aftermath Silver  (STU:FLM1) 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.

Aftermath Silver has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Aftermath Silver Financial Strength Related Terms

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Aftermath Silver (STU:FLM1) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Aftermath Silver Ltd is a Canada-based exploration-stage company. The business activity of the group includes the acquisition, exploration, and development of mineral properties. The company holds an interest in Cachinal, Challacollo, and Berenguela projects. The company operates in one segment the Acquisition and Exploration of Mineral Properties.

Aftermath Silver (STU:FLM1) Headlines

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