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Vanadiumcorp Resource (Vanadiumcorp Resource) Financial Strength : 0 (As of Jan. 2024)


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What is Vanadiumcorp Resource Financial Strength?

Vanadiumcorp Resource 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.

Vanadiumcorp Resource did not have earnings to cover the interest expense. As of today, Vanadiumcorp Resource's Altman Z-Score is 0.00.


Competitive Comparison of Vanadiumcorp Resource's Financial Strength

For the Other Industrial Metals & Mining subindustry, Vanadiumcorp 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.


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

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

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



Vanadiumcorp 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:

Vanadiumcorp Resource's Interest Expense for the months ended in Jan. 2024 was $-0.02 Mil. Its Operating Income for the months ended in Jan. 2024 was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.46 Mil.

Vanadiumcorp Resource's Interest Coverage for the quarter that ended in Jan. 2024 is

Vanadiumcorp Resource 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.

Vanadiumcorp Resource's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.09 + 0.46) / 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.

Vanadiumcorp 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.


Vanadiumcorp Resource  (OTCPK:VRBFF) 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.

Vanadiumcorp Resource has the Financial Strength Rank of 0.


Vanadiumcorp Resource Financial Strength Related Terms

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Vanadiumcorp Resource (Vanadiumcorp Resource) Business Description

Traded in Other Exchanges
Address
303-5455 West Boulevard, Vancouver, BC, CAN, V6M 3W5
Vanadiumcorp Resource Inc is engaged in the exploration and development of mineral properties in Canada. It is also involved in the development of vanadium redox flow battery technology in Germany. The company's primary focus is on the Lac Dore and Iron-T Properties in Quebec which is prospective for vanadium, titanium, and iron.

Vanadiumcorp Resource (Vanadiumcorp Resource) Headlines