Quri-Mayu Developments (TSXV:QURI) Financial Strength: 0 (As of Apr. 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Quri-Mayu Developments Financial Strength?

Quri-Mayu Developments 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.

Quri-Mayu Developments has no long-term debt (1). As of today, Quri-Mayu Developments'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.

Quri-Mayu Developments  (TSXV:QURI) 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.

Quri-Mayu Developments has the Financial Strength Rank of 0.

Quri-Mayu Developments Financial Strength Related Terms

Quri-Mayu Developments Financial Strength Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Quri-Mayu Developments'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.

Quri-Mayu Developments Financial Strength vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Quri-Mayu Developments's Financial Strength distribution charts can be found below:

* The bar in red indicates where Quri-Mayu Developments's Financial Strength falls into.


Quri-Mayu Developments 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:

Quri-Mayu Developments's Interest Expense for the months ended in Apr. 2026 was C$0.00 Mil. Its Operating Income for the months ended in Apr. 2026 was C$-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was C$0.00 Mil.

Quri-Mayu Developments's Interest Coverage for the quarter that ended in Apr. 2026 is

Quri-Mayu Developments had no long-term debt (1).

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

Good Sign:

Quri-Mayu Developments Ltd has no debt.

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

Quri-Mayu Developments's Debt to Revenue Ratio for the quarter that ended in Apr. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Apr. 2026 ) / 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.

Quri-Mayu Developments 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.

Quri-Mayu Developments Business Description

Other Exchanges JR9:Germany
Address 1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1
Quri-Mayu Developments Ltd is engaged in the identification, evaluation, and acquisition of mineral properties, as well as the exploration of mineral properties. The mineral property called AT Mining Project (AT Property) is situated in the province of British Columbia.