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Cleantech Building Materials (LSE:CBM) Financial Strength : 0 (As of Jun. 2021)


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What is Cleantech Building Materials Financial Strength?

Cleantech Building Materials 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.

Cleantech Building Materials did not have earnings to cover the interest expense. Cleantech Building Materials's debt to revenue ratio for the quarter that ended in Jun. 2021 was 0.23. As of today, Cleantech Building Materials's Altman Z-Score is 19.50.


Competitive Comparison of Cleantech Building Materials's Financial Strength

For the Lumber & Wood Production subindustry, Cleantech Building Materials'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.


Cleantech Building Materials's Financial Strength Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cleantech Building Materials's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cleantech Building Materials's Financial Strength falls into.



Cleantech Building Materials 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:

Cleantech Building Materials's Interest Expense for the months ended in Jun. 2021 was £-0.06 Mil. Its Operating Income for the months ended in Jun. 2021 was £-1.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was £0.27 Mil.

Cleantech Building Materials's Interest Coverage for the quarter that ended in Jun. 2021 is

Cleantech Building Materials 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.

Cleantech Building Materials's Debt to Revenue Ratio for the quarter that ended in Jun. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0.265) / 1.168
=0.23

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.

Cleantech Building Materials has a Z-score of 19.50, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 19.5 is strong.

* 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.


Cleantech Building Materials  (LSE:CBM) 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.

Cleantech Building Materials has the Financial Strength Rank of 0.


Cleantech Building Materials Financial Strength Related Terms

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Cleantech Building Materials (LSE:CBM) Business Description

Traded in Other Exchanges
N/A
Address
7 Trebeck Street, London, GBR, W1J 7LU
Cleantech Building Materials PLC provides building materials. It is engaged in the sale of specialist wood products, technology licensing, sourcing and procurement, business development and investment holding. The group generates revenue from the ASEAN region.

Cleantech Building Materials (LSE:CBM) Headlines

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