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Gold and GemStone Mining (Gold and GemStone Mining) Financial Strength : 0 (As of Oct. 2014)


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What is Gold and GemStone Mining Financial Strength?

Gold and GemStone Mining 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.

Gold and GemStone Mining did not have earnings to cover the interest expense. As of today, Gold and GemStone Mining's Altman Z-Score is 0.00.


Competitive Comparison of Gold and GemStone Mining's Financial Strength

For the Marine Shipping subindustry, Gold and GemStone 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.


Gold and GemStone Mining's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gold and GemStone Mining's Financial Strength distribution charts can be found below:

* The bar in red indicates where Gold and GemStone Mining's Financial Strength falls into.



Gold and GemStone 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:

Gold and GemStone Mining's Interest Expense for the months ended in Oct. 2014 was $-0.00 Mil. Its Operating Income for the months ended in Oct. 2014 was $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2014 was $0.02 Mil.

Gold and GemStone Mining's Interest Coverage for the quarter that ended in Oct. 2014 is

Gold and GemStone 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.

Gold and GemStone Mining's Debt to Revenue Ratio for the quarter that ended in Oct. 2014 is

Debt to Revenue Ratio=Total Debt (Q: Oct. 2014 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.11 + 0.023) / 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.

Gold and GemStone 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.


Gold and GemStone Mining  (OTCPK:GGSM) 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.

Gold and GemStone Mining has the Financial Strength Rank of 0.


Gold and GemStone Mining Financial Strength Related Terms

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Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Traded in Other Exchanges
N/A
Address
Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480
Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.