GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Uranium Royalty Corp (NAS:UROY) » Definitions » Financial Strength

Uranium Royalty (Uranium Royalty) Financial Strength : 10 (As of Jan. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Uranium Royalty Financial Strength?

Uranium Royalty has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Uranium Royalty Corp 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.

Uranium Royalty's Interest Coverage for the quarter that ended in Jan. 2024 was 1,092.67. Uranium Royalty's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.00. As of today, Uranium Royalty's Altman Z-Score is 252.29.


Competitive Comparison of Uranium Royalty's Financial Strength

For the Uranium subindustry, Uranium Royalty'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.


Uranium Royalty's Financial Strength Distribution in the Other Energy Sources Industry

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

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



Uranium Royalty 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:

Uranium Royalty's Interest Expense for the months ended in Jan. 2024 was $-0.00 Mil. Its Operating Income for the months ended in Jan. 2024 was $3.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.12 Mil.

Uranium Royalty's Interest Coverage for the quarter that ended in Jan. 2024 is

Interest Coverage=-1*Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*3.278/-0.003
=1,092.67

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

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

Uranium Royalty's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.028 + 0.124) / 45.176
=0.00

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.

Uranium Royalty has a Z-score of 252.29, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 252.29 is strong.

* 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.


Uranium Royalty  (NAS:UROY) 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.

Uranium Royalty has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Uranium Royalty Financial Strength Related Terms

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


Uranium Royalty (Uranium Royalty) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3
Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.

Uranium Royalty (Uranium Royalty) Headlines

From GuruFocus

Uranium Royalty Corp. Grants Incentive Stock Options

By PRNewswire PRNewswire 06-26-2022

Uranium Royalty Corp. Grants Incentive Stock Options

By PRNewswire PRNewswire 06-06-2022

Uranium Royalty Announces Voting Results

By PRNewswire PRNewswire 10-13-2022

Uranium Royalty Corp. Expands Physical Uranium Holdings

By PRNewswire PRNewswire 03-28-2022

Uranium Royalty Corp. Files Annual Report

By PRNewswire PRNewswire 07-27-2022

Uranium Royalty Corp. Grants Incentive Stock Options

By PRNewswire PRNewswire 06-16-2022