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USGDF (American Pacific Mining) Financial Strength : 7 (As of Sep. 2024)


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What is American Pacific Mining Financial Strength?

American Pacific Mining has the Financial Strength Rank of 7.

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.

American Pacific Mining did not have earnings to cover the interest expense. As of today, American Pacific Mining's Altman Z-Score is 0.00.


Competitive Comparison of American Pacific Mining's Financial Strength

For the Gold subindustry, American Pacific Mining'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.


American Pacific Mining's Financial Strength Distribution in the Metals & Mining Industry

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

* The bar in red indicates where American Pacific Mining's Financial Strength falls into.



American Pacific Mining 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:

American Pacific Mining's Interest Expense for the months ended in Sep. 2024 was $-0.02 Mil. Its Operating Income for the months ended in Sep. 2024 was $-2.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.27 Mil.

American Pacific Mining's Interest Coverage for the quarter that ended in Sep. 2024 is

American Pacific Mining 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.

American Pacific Mining's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.348 + 0.265) / 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.

American Pacific Mining 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.


American Pacific Mining  (OTCPK:USGDF) 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.

American Pacific Mining has the Financial Strength Rank of 7.


American Pacific Mining Financial Strength Related Terms

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American Pacific Mining Business Description

Traded in Other Exchanges
Address
510 Burrard Street, Suite 910, Vancouver, BC, CAN, V6C 3A8
American Pacific Mining Corp is engaged in the business of mineral exploration and development. The company's only reportable segment is the exploration and evaluation of mineral properties. Its project holdings include Tuscarora located in Nevada, USA, South Lida located in the south-central part of Esmeralda County, Nevada, and Gooseberry project.

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