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FLCX (Quantum Energy) Financial Strength : 4 (As of Jun. 2024)


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What is Quantum Energy Financial Strength?

Quantum Energy has the Financial Strength Rank of 4.

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 Quantum Energy's interest coverage with the available data. Quantum Energy's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.46. As of today, Quantum Energy's Altman Z-Score is 0.00.


Competitive Comparison of Quantum Energy's Financial Strength

For the Consulting Services subindustry, Quantum Energy'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.


Quantum Energy's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quantum Energy's Financial Strength distribution charts can be found below:

* The bar in red indicates where Quantum Energy's Financial Strength falls into.


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Quantum Energy 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:

Quantum Energy'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 $2.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3.13 Mil.

Quantum Energy's Interest Coverage for the quarter that ended in Jun. 2024 is

GuruFocus does not calculate Quantum Energy's interest coverage with the available data.

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

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

Quantum Energy's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.23 + 3.13) / 16
=0.46

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.

Quantum Energy 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.


Quantum Energy  (OTCPK:FLCX) 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.

Quantum Energy has the Financial Strength Rank of 4.


Quantum Energy Financial Strength Related Terms

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


Quantum Energy Business Description

Traded in Other Exchanges
N/A
Address
3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89169
Quantum Energy Corp is the licensee, and manufacturer of transformative photonic, magnetic propulsion, capacitor and battery energy systems for the direct generation and distribution of electrical energy produced and used by the consumer.
Executives
Dennis M Danzik director, officer: CEO 14747 N. NORTHSIGHT BLVD, STE.111-218, SCOTTSDALE AZ 85260
Kifu Llc 10 percent owner 2505 ANTHEM VILLAGE DRIVE, SUITE E-334, HENDERSON NV 89052
William Westbrook director P.O. BOX 431, VERNON AZ 85940
Craig N Kitchen director 11201 N. TATUM BLVD.,, SUITE 110, SCOTTSDALE AZ 85028
Douglas Charles Bean 10 percent owner, other: shareholder 2728 CAROLINA BLUE AVE, HENDERSON NV 89052
Mark Vange director, officer: Chief Technical Officer 1282A CORNWALL ROAD, OAKVILLE A6 LGJ 7W5
Helen Bernardino director 1282A CORNWALL ROAD, OAKVILLE A6 L6J 7W5
Richard Hue 10 percent owner 1282A CORNWALL ROAD, OAKVILLE Z4 L6J 7W5