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Clean Tech Biofuels (Clean Tech Biofuels) Financial Strength : 0 (As of Sep. 2019)


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What is Clean Tech Biofuels Financial Strength?

Clean Tech Biofuels 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.

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


Competitive Comparison of Clean Tech Biofuels's Financial Strength

For the Specialty Chemicals subindustry, Clean Tech Biofuels'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.


Clean Tech Biofuels's Financial Strength Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Clean Tech Biofuels's Financial Strength distribution charts can be found below:

* The bar in red indicates where Clean Tech Biofuels's Financial Strength falls into.



Clean Tech Biofuels 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:

Clean Tech Biofuels's Interest Expense for the months ended in Sep. 2019 was $-0.07 Mil. Its Operating Income for the months ended in Sep. 2019 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil.

Clean Tech Biofuels's Interest Coverage for the quarter that ended in Sep. 2019 is

Clean Tech Biofuels 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.

Clean Tech Biofuels's Debt to Revenue Ratio for the quarter that ended in Sep. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.34 + 0) / 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.

Clean Tech Biofuels 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.


Clean Tech Biofuels  (OTCPK:CLTH) 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.

Clean Tech Biofuels has the Financial Strength Rank of 0.


Clean Tech Biofuels Financial Strength Related Terms

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Clean Tech Biofuels (Clean Tech Biofuels) Business Description

Traded in Other Exchanges
N/A
Address
7386 Pershing Avenue, St. Louis, MO, USA, 63130
Clean Tech Biofuels Inc is a development stage company engaged in providing cellulosic biomass derived from municipal solid waste (MSW). The company involves in producing energy and other chemical products, and recyclables (metals, plastics, and glass) from the MSW. Its biomass recovery process which is based on the pressurized steam classification (PSC) technology cleans and separates MSW and generates a clean, homogeneous biomass feedstock. It focuses on designing, building and operating a commercial biomass recovery plant that will allow the company to produce biomass feedstock for its customers.

Clean Tech Biofuels (Clean Tech Biofuels) Headlines

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