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1PM Industries (1PM Industries) Financial Strength : 0 (As of Nov. 2017)


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What is 1PM Industries Financial Strength?

1PM Industries 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.

1PM Industries's Interest Coverage for the quarter that ended in Nov. 2017 was 0.08. 1PM Industries's debt to revenue ratio for the quarter that ended in Nov. 2017 was 2.48. As of today, 1PM Industries's Altman Z-Score is 0.00.


Competitive Comparison of 1PM Industries's Financial Strength

For the Packaged Foods subindustry, 1PM Industries'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.


1PM Industries's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, 1PM Industries's Financial Strength distribution charts can be found below:

* The bar in red indicates where 1PM Industries's Financial Strength falls into.



1PM Industries 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:

1PM Industries's Interest Expense for the months ended in Nov. 2017 was $-0.30 Mil. Its Operating Income for the months ended in Nov. 2017 was $0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2017 was $0.06 Mil.

1PM Industries's Interest Coverage for the quarter that ended in Nov. 2017 is

Interest Coverage=-1*Operating Income (Q: Nov. 2017 )/Interest Expense (Q: Nov. 2017 )
=-1*0.025/-0.302
=0.08

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

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

1PM Industries's Debt to Revenue Ratio for the quarter that ended in Nov. 2017 is

Debt to Revenue Ratio=Total Debt (Q: Nov. 2017 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.265 + 0.063) / 0.132
=2.48

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.

1PM Industries 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.


1PM Industries  (GREY:OPMZ) 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.

1PM Industries has the Financial Strength Rank of 0.


1PM Industries Financial Strength Related Terms

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1PM Industries (1PM Industries) Business Description

Traded in Other Exchanges
N/A
Address
312 S Beverly Drive, Number. 3401, Beverly Hills, CA, USA, 90212
1PM Industries Inc provides consulting services to a wide variety of companies in diverse industries. Its target companies are in the startup phase of their operations.
Executives
Michael Patrick Raleigh director SUITE 550, 10000 MEMORIAL DRIVE, HOUSTON TX 77024
William A Lansing director 93962 BRIDGE VIEW LANE, NORTH BEND OR 97459
Thomas E Mills director, officer: President, CEO, CFO, Secretary
Lou Hilford director, officer: Chief Operating Officer

1PM Industries (1PM Industries) Headlines

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