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Valdor Technology International (XCNQ:VTI) Financial Strength : 0 (As of Sep. 2023)


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What is Valdor Technology International Financial Strength?

Valdor Technology International 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.

Valdor Technology International has no long-term debt (1). Valdor Technology International's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.14. As of today, Valdor Technology International's Altman Z-Score is -243.46.

(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 Valdor Technology International's Financial Strength

For the Communication Equipment subindustry, Valdor Technology International'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.


Valdor Technology International's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Valdor Technology International's Financial Strength distribution charts can be found below:

* The bar in red indicates where Valdor Technology International's Financial Strength falls into.



Valdor Technology International 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:

Valdor Technology International's Interest Expense for the months ended in Sep. 2023 was C$0.00 Mil. Its Operating Income for the months ended in Sep. 2023 was C$-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil.

Valdor Technology International's Interest Coverage for the quarter that ended in Sep. 2023 is

Valdor Technology International 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.

Valdor Technology International's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.045 + 0) / 0.312
=0.14

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.

Valdor Technology International has a Z-score of -243.46, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -243.46 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.


Valdor Technology International  (XCNQ:VTI) 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.

Valdor Technology International has the Financial Strength Rank of 0.


Valdor Technology International Financial Strength Related Terms

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


Valdor Technology International (XCNQ:VTI) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Valdor Technology International Inc is engaged in developing, manufacturing, and marketing of fiber optic products. The majority of its revenue comes from the United States of America while it also has a presence in Canadian markets. It serves Mining/Oil Exploration; Military/Aerospace; Medical/Industrial, and FTTx/ Data/Telecom/Security markets. The company's products include Niagara Streaming Media, NEW Core Products, Impact Mount Line and Legacy Products.

Valdor Technology International (XCNQ:VTI) Headlines

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