GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Maple Leaf Green World Inc (XCNQ:MGW) » Definitions » Financial Strength

Maple Leaf Green World (XCNQ:MGW) Financial Strength : 0 (As of Sep. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Maple Leaf Green World Financial Strength?

Maple Leaf Green World 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.

Maple Leaf Green World has no long-term debt (1). As of today, Maple Leaf Green World'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.


Competitive Comparison of Maple Leaf Green World's Financial Strength

For the Drug Manufacturers - Specialty & Generic subindustry, Maple Leaf Green World'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.


Maple Leaf Green World's Financial Strength Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Maple Leaf Green World's Financial Strength distribution charts can be found below:

* The bar in red indicates where Maple Leaf Green World's Financial Strength falls into.


;
;

Maple Leaf Green World 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:

Maple Leaf Green World's Interest Expense for the months ended in Sep. 2024 was C$0.00 Mil. Its Operating Income for the months ended in Sep. 2024 was C$-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil.

Maple Leaf Green World's Interest Coverage for the quarter that ended in Sep. 2024 is

Maple Leaf Green World had no long-term debt (1).

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

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

Maple Leaf Green World'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
=(2.535 + 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.

Maple Leaf Green World 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.


Maple Leaf Green World  (XCNQ:MGW) 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.

Maple Leaf Green World has the Financial Strength Rank of 0.


Maple Leaf Green World Financial Strength Related Terms

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


Maple Leaf Green World Business Description

Traded in Other Exchanges
Address
1222 - 11th Avenue SW, Suite 203, Calgary, AB, CAN, T3C 0M4
Maple Leaf Green World Inc is focused on the health and wellness industry in North America and China. It has a hemp project in Southern California and an essential oil project in China. With over 10 years of extensive greenhouse management experience, the company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free hemp products. Maple Leaf's long-term objective is to produce hemp and essential oils for North America and international markets.
Executives
Raymond Siu Cheong Lai Director, Senior Officer
Wentong Gao Director
Qi Qi Wang Director
Terence Keung Cheung Lam Director, Senior Officer
Najibullah Alizada Director

Maple Leaf Green World Headlines

No Headlines