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Quizam Media (XCNQ:QQ) Financial Strength : 0 (As of Aug. 2024)


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What is Quizam Media Financial Strength?

Quizam Media has the Financial Strength Rank of 0.

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.

Quizam Media did not have earnings to cover the interest expense. Quizam Media's debt to revenue ratio for the quarter that ended in Aug. 2024 was 0.32. As of today, Quizam Media's Altman Z-Score is -16.90.


Competitive Comparison of Quizam Media's Financial Strength

For the Internet Content & Information subindustry, Quizam Media'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.


Quizam Media's Financial Strength Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Quizam Media's Financial Strength distribution charts can be found below:

* The bar in red indicates where Quizam Media's Financial Strength falls into.



Quizam Media 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:

Quizam Media's Interest Expense for the months ended in Aug. 2024 was C$-0.07 Mil. Its Operating Income for the months ended in Aug. 2024 was C$-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was C$1.05 Mil.

Quizam Media's Interest Coverage for the quarter that ended in Aug. 2024 is

Quizam Media 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.

Quizam Media's Debt to Revenue Ratio for the quarter that ended in Aug. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Aug. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.206 + 1.047) / 7.056
=0.32

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.

Quizam Media has a Z-score of -16.90, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -16.9 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.


Quizam Media  (XCNQ:QQ) 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.

Quizam Media has the Financial Strength Rank of 0.


Quizam Media Financial Strength Related Terms

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


Quizam Media Business Description

Traded in Other Exchanges
Address
609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6
Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. The Company derives revenue from two industries, Software and Cannabis. Software includes revenue from training services, software sales and licensing sales. Cannabis includes retail product sales and consulting fee revenue. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.
Executives
Russ Rossi Senior Officer

Quizam Media Headlines

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