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MXROF (MAX Resource) Financial Strength : 0 (As of Mar. 2025)


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What is MAX Resource Financial Strength?

MAX Resource 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 MAX Resource's interest coverage with the available data. As of today, MAX Resource's Altman Z-Score is 0.00.


Competitive Comparison of MAX Resource's Financial Strength

For the Other Precious Metals & Mining subindustry, MAX Resource'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.


MAX Resource's Financial Strength Distribution in the Metals & Mining Industry

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

* The bar in red indicates where MAX Resource's Financial Strength falls into.


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MAX Resource 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:

MAX Resource's Interest Expense for the months ended in Mar. 2025 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2025 was $-0.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.03 Mil.

MAX Resource's Interest Coverage for the quarter that ended in Mar. 2025 is

GuruFocus does not calculate MAX Resource's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. MAX Resource Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

MAX Resource's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.026 + 0.031) / 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.

MAX Resource 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.


MAX Resource  (OTCPK:MXROF) 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.

MAX Resource has the Financial Strength Rank of 0.


MAX Resource Financial Strength Related Terms

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


MAX Resource Business Description

Traded in Other Exchanges
Address
1570-200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion producing copper belt (Andean belt), with infrastructure and the presence of global majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties.