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AGRI (AgriFORCE Growing Systems) Financial Strength : 2 (As of Mar. 2025)


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What is AgriFORCE Growing Systems Financial Strength?

AgriFORCE Growing Systems has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

AgriFORCE Growing Systems Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

AgriFORCE Growing Systems did not have earnings to cover the interest expense. AgriFORCE Growing Systems's debt to revenue ratio for the quarter that ended in Mar. 2025 was 3.37. As of today, AgriFORCE Growing Systems's Altman Z-Score is -7.38.


Competitive Comparison of AgriFORCE Growing Systems's Financial Strength

For the Farm Products subindustry, AgriFORCE Growing Systems'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.


AgriFORCE Growing Systems's Financial Strength Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where AgriFORCE Growing Systems's Financial Strength falls into.


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AgriFORCE Growing Systems 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:

AgriFORCE Growing Systems's Interest Expense for the months ended in Mar. 2025 was $-0.97 Mil. Its Operating Income for the months ended in Mar. 2025 was $-1.89 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.04 Mil.

AgriFORCE Growing Systems's Interest Coverage for the quarter that ended in Mar. 2025 is

AgriFORCE Growing Systems 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.

AgriFORCE Growing Systems'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
=(4.601 + 0.042) / 1.376
=3.37

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.

AgriFORCE Growing Systems has a Z-score of -7.38, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -7.38 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.


AgriFORCE Growing Systems  (NAS:AGRI) 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.

AgriFORCE Growing Systems has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


AgriFORCE Growing Systems Financial Strength Related Terms

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AgriFORCE Growing Systems Business Description

Traded in Other Exchanges
N/A
Address
525 West 8th Avenue, Suite 800, Vancouver, BC, CAN, V5Z 1C6
AgriFORCE Growing Systems Ltd is an Ag-Tech company with a primary focus on developing and utilizing its intellectual property assets for improvements dedicated to the agricultural industry. The company believes that this goal is achieved by using its proprietary IP for solutions in the agricultural industry as well as seeking the development of new IP to both enhance the technology which it has already retained in-house as well as development of new technologies which can increase its footprint in the Ag-Tech space. Its AgriFORCE Brands division is focused on the development and commercialization of plant-based ingredients and products that deliver more nutritious food. It will market and commercialize ingredient supplies, like its Awakened Flour and Awakened Grains.
Executives
Ingo Wilhelm Mueller director, officer: Chief Executive Officer 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6
Amy Griffith director 718 OLD LANCASTER ROAD, BRYN MAWR PA 19010
Richard Levychin director 189 MONTAGUE STREET, APT. 28A, BROOKLYN NY 11201
Don Nicholson director 1602-1228 WEST HASTINGS ST, VANCOUVER A1 V6E 4S6
David Ryan Welch director 500 SOUTH GRAND AVENUE,, SUITE 1800, LOS ANGELES CA 90071
William John Meekison director 4475 ROSS CRESCENT, WEST VANCOUVER A1 V7W 1B4
Troy Mcclellan officer: President, AgriFORCE Solutions C/O AGRIFORCE GROWING SYSTEMS LTD, 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6