GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Sprott Physical Uranium Trust (TSX:U.UN) » Definitions » Financial Strength

Sprott Physical Uranium Trust (TSX:U.UN) Financial Strength : 8 (As of Dec. 2022)


View and export this data going back to 2005. Start your Free Trial

What is Sprott Physical Uranium Trust Financial Strength?

Sprott Physical Uranium Trust has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Sprott Physical Uranium Trust 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.

Sprott Physical Uranium Trust has no long-term debt (1). As of today, Sprott Physical Uranium Trust'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 Sprott Physical Uranium Trust's Financial Strength

For the Uranium subindustry, Sprott Physical Uranium Trust'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.


Sprott Physical Uranium Trust's Financial Strength Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Sprott Physical Uranium Trust's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sprott Physical Uranium Trust's Financial Strength falls into.



Sprott Physical Uranium Trust 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:

Sprott Physical Uranium Trust's Interest Expense for the months ended in Dec. 2022 was C$0.00 Mil. Its Operating Income for the months ended in Dec. 2022 was C$-16.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was C$0.00 Mil.

Sprott Physical Uranium Trust's Interest Coverage for the quarter that ended in Dec. 2022 is

Sprott Physical Uranium Trust had no long-term debt (1).

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

Good Sign:

Sprott Physical Uranium Trust has no debt.

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

Sprott Physical Uranium Trust's Debt to Revenue Ratio for the quarter that ended in Dec. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2022 ) / 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.

Sprott Physical Uranium Trust 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.


Sprott Physical Uranium Trust  (TSX:U.UN) 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.

Sprott Physical Uranium Trust has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Sprott Physical Uranium Trust Financial Strength Related Terms

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


Sprott Physical Uranium Trust (TSX:U.UN) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Royal Bank Plaza, South Tower, Suite 2600, Toronto, ON, CAN, M5J 2J1
Sprott Physical Uranium Trust is an investment company managed by Denison Mines Inc. Its primary interest lies in investing in Uranium based assets, including uranium oxide and uranium hexafluoride. The company stores its uranium deposits at uranium conversion facilities.

Sprott Physical Uranium Trust (TSX:U.UN) Headlines

No Headlines