Quintis (Quintis) Financial Strength : 0 (As of Jun. 2017)

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What is Quintis Financial Strength?

Quintis 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.

Quintis did not have earnings to cover the interest expense. Quintis's debt to revenue ratio for the quarter that ended in Jun. 2017 was 22.67. As of today, Quintis's Altman Z-Score is -2.25.

Competitive Comparison of Quintis's Financial Strength

For the Lumber & Wood Production subindustry, Quintis'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.

Quintis's Financial Strength Distribution in the Forest Products Industry

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

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

Quintis 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:

Quintis's Interest Expense for the months ended in Jun. 2017 was $-14.37 Mil. Its Operating Income for the months ended in Jun. 2017 was $-371.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $81.73 Mil.

Quintis's Interest Coverage for the quarter that ended in Jun. 2017 is

Quintis 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.

Quintis's Debt to Revenue Ratio for the quarter that ended in Jun. 2017 is

Debt to Revenue Ratio	=	Total Debt (Q: Jun. 2017 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(266.764	+	81.731)	/	15.374
	=	22.67

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.

Quintis has a Z-score of -2.25, 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.

Quintis (GREY:TFSCY) 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.

Quintis has the Financial Strength Rank of 0.

Quintis Financial Strength Related Terms

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

Quintis (Quintis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Quintis Ltd (GREY:TFSCY) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

171-173 Mounts Bay Road, Level 2, Perth, WA, AUS, 6000

Website

https://www.quintis.com.au

Quintis Ltd engages in the cultivation of Indian sandalwood and production of sandalwood oil. It operates in four segments. The Plantation Management segment which dominates firm's revenue is responsible for the promotion and sales of Indian sandalwood lots; establishment, maintenance, and harvesting of Indian Sandalwood plantations on behalf of the growers and group owned plantations; and end-market research and establishment of end-market agreements. The Finance segment provides financial assistance to growers to purchase sandalwood lots. The Sandalwood Products segment manufactures sandalwood oil and products for resale. The Pharmaceutical segment focuses in the research and development of pharmaceutical and biopharmaceutical products for commercializing.

Quintis (Quintis) Headlines

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