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Polymetal International (Polymetal International) Financial Strength : 4 (As of Dec. 2023)


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What is Polymetal International Financial Strength?

Polymetal International has the Financial Strength Rank of 4.

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.

Polymetal International's Interest Coverage for the quarter that ended in Dec. 2023 was 8.14. Polymetal International's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.96. As of today, Polymetal International's Altman Z-Score is 1.85.


Competitive Comparison of Polymetal International's Financial Strength

For the Other Precious Metals & Mining subindustry, Polymetal International'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.


Polymetal International's Financial Strength Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Polymetal International's Financial Strength distribution charts can be found below:

* The bar in red indicates where Polymetal International's Financial Strength falls into.



Polymetal International 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:

Polymetal International's Interest Expense for the months ended in Dec. 2023 was $-93 Mil. Its Operating Income for the months ended in Dec. 2023 was $757 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,272 Mil.

Polymetal International's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*757/-93
=8.14

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Polymetal International's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1023 + 2272) / 3420
=0.96

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.

Polymetal International has a Z-score of 1.85, indicating it is in Grey Zones. This implies that Polymetal International is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 1.85 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Polymetal International  (OTCPK:AUCOY) 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.

Polymetal International has the Financial Strength Rank of 4.


Polymetal International Financial Strength Related Terms

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Polymetal International (Polymetal International) Business Description

Traded in Other Exchanges
N/A
Address
Parthenonos, 6, 3rd Floor, Limassol, CYP, 3031
Polymetal International PLC is a precious metals mining group, operating in Russia and Kazakhstan. The group has five reportable segments: Magadan, Ural, Khabarovsk, Yakutia, and Kazakhstan. Each segment is engaged in gold, silver, or copper mining and related activities, including exploration, extraction, processing, and reclamation. The Magadan and Kazakhstan segments contribute the majority of revenue for Polymetal.

Polymetal International (Polymetal International) Headlines

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