GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Allied Gaming & Entertainment Inc (NAS:AGAE) » Definitions » Financial Strength

Allied Gaming & Entertainment (Allied Gaming & Entertainment) Financial Strength : 5 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Allied Gaming & Entertainment Financial Strength?

Allied Gaming & Entertainment has the Financial Strength Rank of 5.

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.

GuruFocus does not calculate Allied Gaming & Entertainment's interest coverage with the available data. Allied Gaming & Entertainment's debt to revenue ratio for the quarter that ended in Dec. 2023 was 1.96. As of today, Allied Gaming & Entertainment's Altman Z-Score is 0.36.


Competitive Comparison of Allied Gaming & Entertainment's Financial Strength

For the Entertainment subindustry, Allied Gaming & Entertainment'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.


Allied Gaming & Entertainment's Financial Strength Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Allied Gaming & Entertainment's Financial Strength distribution charts can be found below:

* The bar in red indicates where Allied Gaming & Entertainment's Financial Strength falls into.



Allied Gaming & Entertainment 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:

Allied Gaming & Entertainment's Interest Expense for the months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was $-1.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.56 Mil.

Allied Gaming & Entertainment's Interest Coverage for the quarter that ended in Dec. 2023 is

GuruFocus does not calculate Allied Gaming & Entertainment's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Allied Gaming & Entertainment Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

Allied Gaming & Entertainment'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
=(10.713 + 5.56) / 8.296
=1.96

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.

Allied Gaming & Entertainment has a Z-score of 0.36, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.36 is in distress zone. This implies bankruptcy 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.


Allied Gaming & Entertainment  (NAS:AGAE) 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.

Allied Gaming & Entertainment has the Financial Strength Rank of 5.


Allied Gaming & Entertainment Financial Strength Related Terms

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


Allied Gaming & Entertainment (Allied Gaming & Entertainment) Business Description

Traded in Other Exchanges
Address
745 Fifth Avenue, Suite 500, New York, NY, USA, 10151
Allied Gaming & Entertainment Inc is an experiential entertainment company focused on providing a growing world of gamers with various experiences through renowned assets, products, and services.
Executives
Knighted Pastures Llc 10 percent owner 1933 S. BROADWAY, SUITE 746, LOS ANGELES CA 90007
Roy Choi other: Managing Member of 10% holder 1933 S. BROADWAY, SUITE 746, LOS ANGELES CA 90007
Yuanfei Qu director 745 FIFTH AVE, SUITE 500, NEW YORK NY 10151
Yushi Guo director 745 FIFTH AVE, SUITE 500, NEW YORK NY 10151
Guanzhou Qin director 17877 VON KARMAN AVENUE, SUITE 300, IRVING CA 92614
Adam J Pliska director, officer: President 5700 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90036
Roy Lawrence Anderson officer: Chief Financial Officer 17877 VON KARMAN AVENUE, SUITE 300, IRVING CA 92614
Alexander Misch director 17872 GILLETTE AVENUE, BUILDING C, 2ND FLOOR, IRVINE CA 92614
Jerry Lewin director JINHUA INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016
Libing Wu director 350 LIGHTING WAY, SECAUCUS NJ 07094
Jingsheng Lu director, 10 percent owner FLOOR 3, BUILDING NO. 20, XINYUANLI WEST, CHAOYANG DISTRICT, BEIJING F4 #000
Yangyang Li director, 10 percent owner 10/F TOWER B FAIRMONT NO. 1 BUILDING, 33# COMMUNITY, GUANGSHUN NORTH ST, CHAOYANG DISTRICT, BEIJING F4 100102
Anthony A Hung officer: Chief Financial Officer 17877 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92614
Element Partners, Llc 10 percent owner 950 TOWER LANE,, SUITE 1125, FOSTER CITY CA 94404
Lyle Berman director 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305

Allied Gaming & Entertainment (Allied Gaming & Entertainment) Headlines