VMAR (Vision Marine Technologies) Financial Strength: 3 (As of May. 2026) — 40% Below Median

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VMAR Vision Marine Technologies Inc VMAR
16 GF Score
Price $0.71
! 3 Warning Signs
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What is Vision Marine Technologies Financial Strength?

Vision Marine Technologies VMAR +7.58% 16 Financial Strength is 3 as of May. 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates VMAR with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

Vision Marine Technologies has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Vision Marine Technologies Inc displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

Vision Marine Technologies did not have earnings to cover the interest expense. Vision Marine Technologies's debt to revenue ratio for the quarter that ended in May. 2026 was 0.37. As of today, Vision Marine Technologies's Altman Z-Score is -2.54.


Vision Marine Technologies  (NAS:VMAR) 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.

Vision Marine Technologies has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Vision Marine Technologies Financial Strength Related Terms


VMAR vs EZGO, VEEE, MCOM: Financial Strength Comparison

For the Recreational Vehicles subindustry, Vision Marine Technologies'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.


Vision Marine Technologies Financial Strength vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's Financial Strength distribution charts can be found below:

* The bar in red indicates where Vision Marine Technologies's Financial Strength falls into.


VMAR
16GF Score
Vision Marine Technologies Inc VMAR
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Vision Marine Technologies 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:

Vision Marine Technologies's Interest Expense for the months ended in May. 2026 was $-0.59 Mil. Its Operating Income for the months ended in May. 2026 was $-5.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $13.18 Mil.

Vision Marine Technologies's Interest Coverage for the quarter that ended in May. 2026 is

Vision Marine Technologies 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.

Vision Marine Technologies's Debt to Revenue Ratio for the quarter that ended in May. 2026 is

Debt to Revenue Ratio=Total Debt (Q: May. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(13.898 + 13.178) / 73.484
=0.37

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.

Vision Marine Technologies has a Z-score of -2.54, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -2.54 is in distress zone. This implies bankruptcy 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 3 mean?
Vision Marine Technologies (VMAR) has a Financial Strength of 3 as of May. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Vision Marine Technologies and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Vision Marine Technologies' Financial Strength has ranged from 2.00 to 8.00.
Is Vision Marine Technologies' Financial Strength too high?
Vision Marine Technologies' current Financial Strength of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. Overall, Vision Marine Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vision Marine Technologies' Financial Strength compare to EZGO and VEEE?
Vision Marine Technologies' Financial Strength of 3 can be compared against companies in the Vehicles & Parts industry. Historically, Vision Marine Technologies' own Financial Strength has ranged from 2.00 to 8.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Vehicles & Parts company?
A good Financial Strength depends on the Vehicles & Parts industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Vision Marine Technologies and its competitors. Vision Marine Technologies's current Financial Strength is 3, which is 40% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision Marine Technologies stock overvalued right now?
Vision Marine Technologies (VMAR) has a current Financial Strength of 3. The current Financial Strength is 3, which is 40% below median its 10-year median of 5.00. Vision Marine Technologies' overall GF Score™ is 16/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Vision Marine Technologies (VMAR), the current Financial Strength is 3 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vision Marine Technologies Business Description

Other Exchanges VMAR:Canada
Address 730 Boulevard du Cure-Boivin, Boisbriand, QC, CAN, J7G 2A7
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems, power boats, related technology, and rents electric boats. Its models include Bruce 22, Fantail 217, VX Electric Pontoon, Volt 180, Phantom, and others. The company provides goods and services for the recreational boating market and focuses on electric outboard powertrain systems, electric power boats, and the renting of electric boats through its subsidiary. It sells boats, parts, and accessories and offers services related to recreational boating, including boats with internal combustion engines and electric propulsion. The company operates in two reportable segments, the sale of electric boats and the rental of electric boats, and generates a substantial portion of its revenue from the USA.
16GF Score

Get the complete analysis for VMAR

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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