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China Gengsheng Minerals (China Gengsheng Minerals) Financial Strength : 0 (As of Dec. 2013)


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What is China Gengsheng Minerals Financial Strength?

China Gengsheng Minerals 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.

China Gengsheng Minerals did not have earnings to cover the interest expense. China Gengsheng Minerals's debt to revenue ratio for the quarter that ended in Dec. 2013 was 0.13. As of today, China Gengsheng Minerals's Altman Z-Score is 0.00.


Competitive Comparison of China Gengsheng Minerals's Financial Strength

For the Building Materials subindustry, China Gengsheng Minerals'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.


China Gengsheng Minerals's Financial Strength Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Gengsheng Minerals's Financial Strength distribution charts can be found below:

* The bar in red indicates where China Gengsheng Minerals's Financial Strength falls into.



China Gengsheng Minerals 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:

China Gengsheng Minerals's Interest Expense for the months ended in Dec. 2013 was $-2.49 Mil. Its Operating Income for the months ended in Dec. 2013 was $-7.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was $0.00 Mil.

China Gengsheng Minerals's Interest Coverage for the quarter that ended in Dec. 2013 is

China Gengsheng Minerals 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.

China Gengsheng Minerals's Debt to Revenue Ratio for the quarter that ended in Dec. 2013 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2013 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(10.46 + 0) / 79.488
=0.13

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.

China Gengsheng Minerals 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.


China Gengsheng Minerals  (OTCPK:CHGS) 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.

China Gengsheng Minerals has the Financial Strength Rank of 0.


China Gengsheng Minerals Financial Strength Related Terms

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


China Gengsheng Minerals (China Gengsheng Minerals) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Gengsheng Road, Dayugou Town, Gongyi, Henan, CHN, 451271
China Gengsheng Minerals Inc is a holding company. It operates in the materials technology industry through its subsidiaries in China. It develops, manufactures and sells a broad range of mineral-based products. Its products include refractory products, industrial ceramics, fracture proppants and fine precision abrasives and corundum materials. It sells its products to iron, steel, oil, glass, cement, aluminum, chemical and solar industries. The company has Refractories, Industrial ceramic, Fracture proppant, Fire precision abrasives segments. It derives the majority of its revenues from Refractories segment.
Executives
Jeffrey Friedland director 4340 E KENTUCKY AVE, SUITE 206, GLENDALE CO 80246
Larry Goldman director C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Ming He director NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Timothy P Halter director, 10 percent owner, officer: CEO, President, CFO, and COO 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226
Glenn Little director, 10 percent owner, officer: President 211 WEST WALL ST, MIDLAND TX 70701

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