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Mad Paws Holdings (ASX:MPA) Financial Strength : 0 (As of Dec. 2023)


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What is Mad Paws Holdings Financial Strength?

Mad Paws Holdings 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.

Mad Paws Holdings did not have earnings to cover the interest expense. Mad Paws Holdings's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.11. As of today, Mad Paws Holdings's Altman Z-Score is -0.43.


Competitive Comparison of Mad Paws Holdings's Financial Strength

For the Personal Services subindustry, Mad Paws Holdings'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.


Mad Paws Holdings's Financial Strength Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Mad Paws Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Mad Paws Holdings's Financial Strength falls into.



Mad Paws Holdings 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:

Mad Paws Holdings's Interest Expense for the months ended in Dec. 2023 was A$-0.11 Mil. Its Operating Income for the months ended in Dec. 2023 was A$-2.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$2.20 Mil.

Mad Paws Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is

Mad Paws Holdings did not have earnings to cover the interest expense.

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

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

Mad Paws Holdings'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
=(0.775 + 2.202) / 27.866
=0.11

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.

Mad Paws Holdings has a Z-score of -0.43, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.43 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.


Mad Paws Holdings  (ASX:MPA) 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.

Mad Paws Holdings has the Financial Strength Rank of 0.


Mad Paws Holdings Financial Strength Related Terms

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Mad Paws Holdings (ASX:MPA) Business Description

Traded in Other Exchanges
N/A
Address
126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 2000
Mad Paws Holdings Ltd is an Australian-based pet services business whose primary activity is the operation of a pet care services online marketplace. The Mad Paws marketplace matches and connects pet owners seeking pet care services, such as pet sitting, walking, daycare, and grooming, with pet sitters, walkers, and other pet service providers registered on the marketplace. The company operates in two segments, marketplace, and E-commerce & subscription. The majority of revenue is derived from e-commerce & subscription segments.