What is Bright Green Financial Strength?
Bright Green 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.
Bright Green has no long-term debt (1).
As of today, Bright Green'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 Bright Green's Financial Strength
For the Drug Manufacturers - Specialty & Generic subindustry, Bright Green'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.
Bright Green's Financial Strength Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Bright Green's Financial Strength distribution charts can be found below:
* The bar in red indicates where Bright Green's Financial Strength falls into.
Bright Green 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:
Bright Green's Interest Expense for the
months ended in Jun. 2024 was $0.00 Mil. Its Operating Income for the
months ended in Jun. 2024 was $-1.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil.
Bright Green's Interest Coverage for the quarter that ended in Jun. 2024 is
| Bright Green 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.
Bright Green's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is
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.
Bright Green 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.
Bright Green Business Description
Traded in Other Exchanges
N/A
Address
1033 George Hanosh Boulevard, Grants, NM, USA, 87020
Bright Green Corp is a provider of cannabis, cannabis-related products, and other legal medicinal plant-based therapies, manufactured for research and pharmaceutical applications, as well as being an active ingredient in consumer-based solutions. The company plans to focus on the development of cannabis strains and sales of products with high contents of CBN (cannabinol) and CBG (cannabigerol).
Executives
| Saleem Elmasri |
officer: Chief Financial Officer |
450 PARK AVE SOUTH, 3RD FLOOR, NEW YORK NY 10016 |
| Lynn Stockwell |
director, 10 percent owner |
401 EAST LAS OLAS BLVD., SUITE 1400, FT. LAUDERDALE FL 33301 |
| Gurvinder Singh |
officer: Chief Executive Officer |
1033 GEORGE HANOSH BOULEVARD, GRANTS NM 87020 |
| Seamus Mcauley |
officer: Chief Executive Officer |
1033 GEORGE HANOSH BOULEVARD, GRANTS NM 87020 |
| Edward A. Robinson |
director, officer: Chief Executive Officer |
401 EAST LAS OLAS BLVD., SUITE 1400, FT. LAUDERDALE FL 33301 |
| Alfie Morgan |
director |
401 EAST LAS OLAS BLVD., SUITE 1400, FT. LAUDERDALE FL 33301 |
| Dean Vallore |
director |
401 EAST LAS OLAS BLVD., SUITE 1400, FT. LAUDERDALE FL 33301 |
| Terry Rafih |
director, 10 percent owner |
401 EAST LAS OLAS BLVD., SUITE 1400, FT. LAUDERDALE FL 33301 |
| Robert Arnone |
director |
401 EAST LAS OLAS BLVD., SUITE 1400, FT. LAUDERDALE FL 33301 |
| E. Mailloux Enterprises, Inc. |
10 percent owner |
3129 MARENTETTE AVENUE, UNIT 2, WINDSOR A6 N8X 4G1 |
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