Gunpoint Exploration (TSXV:GUN) Financial Strength : 6 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Gunpoint Exploration Financial Strength?

Gunpoint Exploration has the Financial Strength Rank of 6.

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.

Gunpoint Exploration has no long-term debt ⁽¹⁾. As of today, Gunpoint Exploration's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Competitive Comparison of Gunpoint Exploration's Financial Strength

For the Other Precious Metals & Mining subindustry, Gunpoint Exploration'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.

Gunpoint Exploration's Financial Strength Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gunpoint Exploration's Financial Strength falls into.

Gunpoint Exploration 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:

Gunpoint Exploration's Interest Expense for the months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was C$-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Gunpoint Exploration's Interest Coverage for the quarter that ended in Mar. 2024 is

Gunpoint Exploration had no long-term debt ⁽¹⁾.

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

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

Gunpoint Exploration's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio	=	Total Debt (Q: Mar. 2024 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	0)	/	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.

Gunpoint Exploration 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.

Gunpoint Exploration (TSXV:GUN) 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.

Gunpoint Exploration has the Financial Strength Rank of 6.

Gunpoint Exploration Financial Strength Related Terms

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

Gunpoint Exploration (TSXV:GUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gunpoint Exploration Ltd (TSXV:GUN) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

CJIMF:USA

Address

1512 Yew Street, Suite 201, Vancouver, BC, CAN, V6K 3E4

Website

http://www.gunpointexploration.com

Gunpoint Exploration Ltd is engaged in the acquisition and exploration of precious metals located in the United States, Mexico, and Guatemala. The company's project includes Talapoosa, La Cecilia, La Gitana, and Cerro Minas Project. The Talapoosa property is a low-sulphidation gold and silver property in the walker lane gold trend of western Nevada, approximately 45 kilometers east of Reno. Its La Cecilia project is located in Sonora state Mexico and covering approximately 900 hectares. The La Gitana and Cerro Minas Project are situated in Oaxaca state, Mexico. The company's geographical segments are Canada, Mexico, the United States, and others.

Executives

P. Randy Reifel

Director

Gunpoint Exploration (TSXV:GUN) Headlines

No Headlines