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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).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 2/10

» LEAP's 10-Y Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

LEAP Guru Trades in Q2 2013

Joel Greenblatt 329,130 sh (+105.51%)
John Paulson 7,800,000 sh (unchged)
» More
Q3 2013

LEAP Guru Trades in Q3 2013

Louis Moore Bacon 195,000 sh (New)
Jeremy Grantham 1,173,774 sh (New)
Mario Gabelli 1,350,100 sh (New)
Jim Simons 1,168,100 sh (New)
Richard Perry 10,000 sh (unchged)
Louis Moore Bacon 300,000 sh (unchged)
Joel Greenblatt 252,970 sh (-23.14%)
John Paulson 2,200,000 sh (-71.79%)
Mario Gabelli 1,271,702 sh (-36.96%)
» More
Q4 2013

LEAP Guru Trades in Q4 2013

Paul Tudor Jones 48,518 sh (New)
Jim Simons 1,271,137 sh (+8.82%)
Joel Greenblatt 256,638 sh (+1.45%)
Mario Gabelli 1,359,800 sh (+0.72%)
Richard Perry 7,500 sh (unchged)
Jeremy Grantham Sold Out
Louis Moore Bacon Sold Out
John Paulson Sold Out
» More
Q1 2014

LEAP Guru Trades in Q1 2014

Paul Tudor Jones Sold Out
Mario Gabelli Sold Out
Joel Greenblatt Sold Out
Jim Simons Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with LEAP

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Guru Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )



Valuation & Return


Business Description

Industry: Communication Services » Telecom Services
Compare:CHU, VOD, T, VZ, AMOV » details
Traded in other countries:LWI.Germany,
Leap Wireless International, Inc., was formed as a Delaware corporation in 1998. The Company is a wireless communications carrier that offers digital wireless services in the U.S. under the 'Cricket' brand. Its Cricket service offerings provide customers with unlimited nationwide wireless services for a flat rate without requiring a fixed-term contract or a credit check. Cricket service is offered by Cricket, a wholly-owned subsidiary of Leap. As of December 31, 2012, Cricket service was offered in 48 states and the District of Columbia across an extended area covering approximately 292 million POPs. As of December 31, 2012, it had approximately 5.3 million customers, and it owned wireless licenses covering an aggregate of approximately 136.7 million POPs (adjusted to eliminate duplication from overlapping licenses). The combined network footprint in its operating markets covered approximately96.2 million POPs as of December 31, 2012. The licenses it own provide an average of 23 MHz of coverage in its operating markets. The Company has entered into roaming relationships with other wireless carriers that enable it to offer Cricket customers nationwide voice and data roaming services over an extended service area. It recently entered into an agreement with a national carrier for 4G LTE roaming services. In addition, it has also entered into a wholesale agreement, which it use to offer Cricket services in nationwide retailers outside of its current network footprint, and it recently amended that agreement to enable its customers to receive 4G LTE services. The service plans it currently offers are 'all-inclusive,' with telecommunication taxes and certain fees included within the service plan price. The Company competes with national facilities-based wireless providers and their prepaid affiliates or brands, local and regional carriers, non-facilities-based mobile virtual network operators, or MVNOs, voice-over-internet-protocol service providers and traditional landline service providers, including cable companies. Leap is a U.S. registered trademark and the Leap logo is a trademark of Leap. The Company's operations are subject to various other laws and regulations, including those regulations promulgated by the Federal Trade Commission, the Federal Aviation Administration, the Environmental Protection Agency, the Occupational Safety and Health Administration, other federal agencies and state and local regulatory agencies and legislative bodies.
» More Articles for LEAP


Articles On GuruFocus.com
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Mario Gabelli Lightens Load a Little in Third Quarter Oct 09 2013 
Wireless - new busin Jan 09 2013 
Leap Wireless International Inc. (LEAP) CEO & President Stewart D Hutcheson sells 4,750 Shares Dec 22 2010 
Leap Wireless International Inc. (LEAP) Executive VP & COO Albin F Moschner sells 1,930 Shares Dec 22 2010 
Weekly Guru Bargain Highlights: Con-way Inc, Tessera Technologies Inc, Leap Wireless International I Jan 16 2010 
Leap Wireless International Inc. Reports Operating Results (10-Q) Nov 09 2009 
Guru Stocks at 52-Week Low: Gilead Sciences Inc, Monsanto Company, Ralcorp Holdings Inc, MetroPCS Co Nov 01 2009 
Weekly Guru Bargain Highlights: Leap Wireless International, The Buckle Inc, MetroPCS Communications Sep 20 2009 

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