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Eden Empire (Eden Empire) Financial Strength : 0 (As of Apr. 2022)


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What is Eden Empire Financial Strength?

Eden Empire 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.

Eden Empire did not have earnings to cover the interest expense. Eden Empire's debt to revenue ratio for the quarter that ended in Apr. 2022 was 7.94. As of today, Eden Empire's Altman Z-Score is 0.00.


Competitive Comparison of Eden Empire's Financial Strength

For the Drug Manufacturers - Specialty & Generic subindustry, Eden Empire'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.


Eden Empire's Financial Strength Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Eden Empire's Financial Strength distribution charts can be found below:

* The bar in red indicates where Eden Empire's Financial Strength falls into.



Eden Empire 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:

Eden Empire's Interest Expense for the months ended in Apr. 2022 was $-0.11 Mil. Its Operating Income for the months ended in Apr. 2022 was $-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $0.66 Mil.

Eden Empire's Interest Coverage for the quarter that ended in Apr. 2022 is

Eden Empire 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.

Eden Empire's Debt to Revenue Ratio for the quarter that ended in Apr. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Apr. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.959 + 0.66) / 0.204
=7.94

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.

Eden Empire 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.


Eden Empire  (OTCPK:EDNEF) 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.

Eden Empire has the Financial Strength Rank of 0.


Eden Empire Financial Strength Related Terms

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


Eden Empire (Eden Empire) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.

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