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Idaho Strategic Resources Financial Strength

: 7 (As of Mar. 2022)
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Idaho Strategic Resources 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.

Idaho Strategic Resources did not have earnings to cover the interest expense. Idaho Strategic Resources's debt to revenue ratio for the quarter that ended in Mar. 2022 was 0.24. As of today, Idaho Strategic Resources's Altman Z-Score is 14.91.


Competitive Comparison

For the Gold subindustry, Idaho Strategic Resources'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.

   

Idaho Strategic Resources Financial Strength Distribution

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

* The bar in red indicates where Idaho Strategic Resources's Financial Strength falls into.



Idaho Strategic Resources 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:

Idaho Strategic Resources's Interest Expense for the months ended in Mar. 2022 was $-0.05 Mil. Its Operating Income for the months ended in Mar. 2022 was $-0.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $1.23 Mil.

Idaho Strategic Resources's Interest Coverage for the quarter that ended in Mar. 2022 is

Idaho Strategic Resources 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.

Idaho Strategic Resources's Debt to Revenue Ratio for the quarter that ended in Mar. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.728 + 1.225) / 8.176
=0.24

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.

Idaho Strategic Resources has a Z-score of 14.91, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 14.91 is strong.

* 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.


Idaho Strategic Resources  (AMEX:IDR) 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.

Idaho Strategic Resources has the Financial Strength Rank of 7.


Idaho Strategic Resources Financial Strength Related Terms

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


Idaho Strategic Resources Business Description

Idaho Strategic Resources logo
Traded in Other Exchanges
N/A
Address
201 North Third Street, Coeur d’Alene, ID, USA, 83814
Idaho Strategic Resources Inc is a vertically integrated, operating junior mining company. It produces gold at the Golden Chest Mine. In addition to gold and gold production, the company maintains a strategic and domestic presence in the Critical Minerals sector and is focused on advancing its officially recognized Diamond Creek and Roberts Rare Earth Element projects in central Idaho.
Executives
Beaven Richard Scott director 201 N. 3RD ST. COEUR D'ALENE ID 83814
Morgan Robert John officer: VP Exploration 201 N 3RD ST COEUR D ALENE ID 83814-2806
Shiell Kevin G director STILLWATER MINING COMPANY 1321 DISCOVERY DRIVE BILLINGS MT 59102
Hayes Monique D officer: Corporate Secretary 11115 E. MONTGOMERY SUITE G SPOKANE VALLEY WA 99206
Juniper Resources Llc other: Strategic Partnership 967 E PARKCENTER BLVD. #365 BOISE ID 83706
Steiner Delbert W director 3555 COUNTRY CLUB DR LEWISTON ID 83501
Highsmith R. Patrick director, officer: President/CEO 6852 S. CLAYTON WAY CENTENNIAL CO 80122
Brackebusch Grant A director, officer: Vice President P.O. BOX 1019 KELLOGG IA 83837
Swallow John director, 10 percent owner, officer: President 905 SOUTH JARVIS ROAD COEUR D'ALENE ID 83814
Mine Systems Design Inc 10 percent owner PO BOX 1019 KELLOGG ID 83837
Sims M Kathleen director PO BOX 1019 KELLOGG ID 93837
Linscott Ivan R director PO BOX 1019 KELLOGG ID 83837
Rust William C director PO BOX 1019 KELLOGG ID 83837
Brackebusch Fred W director, 10 percent owner, officer: CEO P.O. BOX 1019 KELLOGG ID 83837
Tyson Terry 10 percent owner 16250 CO RD U LIPSCOMB TX 79056
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