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Saltbae Capital (Saltbae Capital) Financial Strength : 0 (As of Mar. 2019)


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What is Saltbae Capital Financial Strength?

Saltbae Capital 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.

Saltbae Capital did not have earnings to cover the interest expense. Saltbae Capital's debt to revenue ratio for the quarter that ended in Mar. 2019 was 0.61. As of today, Saltbae Capital's Altman Z-Score is 0.00.


Competitive Comparison of Saltbae Capital's Financial Strength

For the Electrical Equipment & Parts subindustry, Saltbae Capital'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.


Saltbae Capital's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Saltbae Capital's Financial Strength distribution charts can be found below:

* The bar in red indicates where Saltbae Capital's Financial Strength falls into.



Saltbae Capital 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:

Saltbae Capital's Interest Expense for the months ended in Mar. 2019 was $-0.00 Mil. Its Operating Income for the months ended in Mar. 2019 was $-2.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $2.95 Mil.

Saltbae Capital's Interest Coverage for the quarter that ended in Mar. 2019 is

Saltbae Capital 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.

Saltbae Capital's Debt to Revenue Ratio for the quarter that ended in Mar. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.021 + 2.95) / 4.884
=0.61

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.

Saltbae Capital 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.


Saltbae Capital  (OTCPK:CECBF) 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.

Saltbae Capital has the Financial Strength Rank of 0.


Saltbae Capital Financial Strength Related Terms

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


Saltbae Capital (Saltbae Capital) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5700, First Canadian Place, Toronto, ON, CAN, M5X 1C7
Saltbae Capital Corp formerly CellCube Energy Storage Systems Inc is a Canadian company which acts as an integrated producer of vanadium and vanadium electrolytes for the energy storage industry. The principal activity is the exploration of its mineral properties in Canada and the United States. The company owns an interest in Bisoni-Mckay Property and Bisoni-Rio Property.

Saltbae Capital (Saltbae Capital) Headlines

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