Fortune Minerals Ltd
TSX:FT
Bankruptcy Probability
Fortune Minerals Ltd's probability of bankruptcy is 1.7%, pointing to a small but noticeable default risk. The solvency score is 44/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Fortune Minerals Ltd Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CA |
|
Fortune Minerals Ltd
TSX:FT
|
65.1m CAD |
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| AU |
|
Rio Tinto Ltd
ASX:RIO
|
263.7B AUD |
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| AU |
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BHP Group Ltd
ASX:BHP
|
255.3B AUD |
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| UK |
|
Rio Tinto PLC
LSE:RIO
|
113.8B GBP |
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| MX |
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Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.6T MXN |
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| CH |
|
Glencore PLC
LSE:GLEN
|
59.6B GBP |
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| CN |
|
CMOC Group Ltd
SSE:603993
|
485B CNY |
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| SA |
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Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR |
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| CN |
C
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China Molybdenum Co Ltd
OTC:CMCLF
|
57.8B USD |
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| UK |
|
Anglo American PLC
LSE:AAL
|
41.8B GBP |
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| ZA |
A
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African Rainbow Minerals Ltd
JSE:ARI
|
45B ZAR |
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Fortune Minerals Ltd's probability of bankruptcy is 1.7%, pointing to a small but noticeable default risk.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Fortune Minerals Ltd has total debt of 63.1k CAD. This includes both short-term (0 CAD) and long-term (63.1k CAD) debt.
You can find a full breakdown on its Balance Sheet.