GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Consolidated Gems Inc (GREY:CGEM) » Definitions » Financial Strength

Consolidated Gems (Consolidated Gems) Financial Strength : 0 (As of Dec. 2016)


View and export this data going back to 2008. Start your Free Trial

What is Consolidated Gems Financial Strength?

Consolidated Gems 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.

Consolidated Gems has no long-term debt (1). As of today, Consolidated Gems'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 Consolidated Gems's Financial Strength

For the Other Industrial Metals & Mining subindustry, Consolidated Gems'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.


Consolidated Gems's Financial Strength Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Consolidated Gems's Financial Strength falls into.



Consolidated Gems 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:

Consolidated Gems's Interest Expense for the months ended in Dec. 2016 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2016 was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.00 Mil.

Consolidated Gems's Interest Coverage for the quarter that ended in Dec. 2016 is

Consolidated Gems 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.

Consolidated Gems's Debt to Revenue Ratio for the quarter that ended in Dec. 2016 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2016 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 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.

Consolidated Gems 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.


Consolidated Gems  (GREY:CGEM) 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.

Consolidated Gems has the Financial Strength Rank of 0.


Consolidated Gems Financial Strength Related Terms

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


Consolidated Gems (Consolidated Gems) Business Description

Traded in Other Exchanges
N/A
Address
42 Moray Street Southbank, Level 1A, Melbourne, VIC, AUS, 3004
Website
Consolidated Gems Inc is a US-based development stage company, which operates as exploration and mining company. It focuses on evaluating various gem related projects in order to generate value for shareholders and was assessing several gem opportunities. The company plans to look for opportunities in the resources industry. It holds exploration on the gem tenement in New South Wales, Australia and further, it has decided to relinquish the exploration license.