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Great Panther Mining (XSWX:GPR) Financial Strength

: 3 (As of Jun. 2022)
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Great Panther Mining has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

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.

Great Panther Mining did not have earnings to cover the interest expense. Great Panther Mining's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.47. As of today, Great Panther Mining's Altman Z-Score is 0.00.


Competitive Comparison

For the Gold subindustry, Great Panther Mining'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.


Great Panther Mining Financial Strength Distribution

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

* The bar in red indicates where Great Panther Mining's Financial Strength falls into.



Great Panther Mining 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:

Great Panther Mining's Interest Expense for the months ended in Jun. 2022 was CHF-1.3 Mil. Its Operating Income for the months ended in Jun. 2022 was CHF-5.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was CHF8.8 Mil.

Great Panther Mining's Interest Coverage for the quarter that ended in Jun. 2022 is

Great Panther Mining 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.

Great Panther Mining's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(46.381 + 8.761) / 116.508
=0.47

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.

Great Panther Mining 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.


Great Panther Mining  (XSWX:GPR) 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.

Great Panther Mining has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Great Panther Mining Financial Strength Related Terms

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Great Panther Mining (XSWX:GPR) Business Description

Traded in Other Exchanges
N/A
Address
1330 - 200 Granville Street, Vancouver, BC, CAN, V6C 1S4
Great Panther Mining Ltd is a precious metals mining and exploration company. The company operates three mines, including the Tucano Gold Mine in Amapa State, Brazil, and two primary silver mines in Mexico: the Guanajuato Mine Complex (GMC) and the Topia Mine. Its Coricancha segment contains the net assets associated with Coricancha and the Corporate segment provides financial, human resources, and technical support to the three mining operations and Coricancha. The GMC operation produces silver and gold in concentrate, and the Topia operation produces silver, gold, lead, and zinc in concentrate for refining off-site. The Tucano operation produces gold dore. It generates the majority of its revenue from Brazil.

Great Panther Mining (XSWX:GPR) Headlines

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