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Affinor Growers (XCNQ:AFI) Financial Strength : 0 (As of Nov. 2024)


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What is Affinor Growers Financial Strength?

Affinor Growers 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.

GuruFocus does not calculate Affinor Growers's interest coverage with the available data. As of today, Affinor Growers's Altman Z-Score is 0.00.


Competitive Comparison of Affinor Growers's Financial Strength

For the Farm Products subindustry, Affinor Growers'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.


Affinor Growers's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Affinor Growers's Financial Strength distribution charts can be found below:

* The bar in red indicates where Affinor Growers's Financial Strength falls into.


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Affinor Growers 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:

Affinor Growers's Interest Expense for the months ended in Nov. 2024 was C$0.00 Mil. Its Operating Income for the months ended in Nov. 2024 was C$-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was C$0.48 Mil.

Affinor Growers's Interest Coverage for the quarter that ended in Nov. 2024 is

GuruFocus does not calculate Affinor Growers's interest coverage with the available data.

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

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

Affinor Growers's Debt to Revenue Ratio for the quarter that ended in Nov. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Nov. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.107 + 0.483) / 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.

Affinor Growers 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.


Affinor Growers  (XCNQ:AFI) 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.

Affinor Growers has the Financial Strength Rank of 0.


Affinor Growers Financial Strength Related Terms

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


Affinor Growers Business Description

Traded in Other Exchanges
Address
250-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
Affinor Growers Inc is a farming technology company engaged in acquiring, patenting, and commercializing various agriculture technologies and vertical farming technologies for North America's indoor-controlled environment and outdoor greenhouse agriculture industry. It produces strawberries and other crops, such as romaine lettuce and herbs using vertical farming technology. The company principally operates in North America. The Company's revenue model includes entering into licensing agreements that provide licensing revenue as well as earnings on sales of its equipment and sale of produce from its production facilities.
Executives
Karim Mohamedani 10% Security Holder
Pavenham Developments Inc 10% Security Holder
Nicholas Gordon Brusatore 10% Security Holder, Director

Affinor Growers Headlines

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