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Axios Mobile Assets (Axios Mobile Assets) Financial Strength : 0 (As of Sep. 2016)


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What is Axios Mobile Assets Financial Strength?

Axios Mobile Assets 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.

Axios Mobile Assets did not have earnings to cover the interest expense. Axios Mobile Assets's debt to revenue ratio for the quarter that ended in Sep. 2016 was 2.96. As of today, Axios Mobile Assets's Altman Z-Score is 0.00.


Competitive Comparison of Axios Mobile Assets's Financial Strength

For the Communication Equipment subindustry, Axios Mobile Assets'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.


Axios Mobile Assets's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Axios Mobile Assets's Financial Strength distribution charts can be found below:

* The bar in red indicates where Axios Mobile Assets's Financial Strength falls into.



Axios Mobile Assets 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:

Axios Mobile Assets's Interest Expense for the months ended in Sep. 2016 was $-0.17 Mil. Its Operating Income for the months ended in Sep. 2016 was $-2.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $5.47 Mil.

Axios Mobile Assets's Interest Coverage for the quarter that ended in Sep. 2016 is

Axios Mobile Assets 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.

Axios Mobile Assets's Debt to Revenue Ratio for the quarter that ended in Sep. 2016 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2016 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.979 + 5.468) / 2.852
=2.96

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.

Axios Mobile Assets 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.


Axios Mobile Assets  (OTCPK:AXBSF) 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.

Axios Mobile Assets has the Financial Strength Rank of 0.


Axios Mobile Assets Financial Strength Related Terms

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Axios Mobile Assets (Axios Mobile Assets) Business Description

Traded in Other Exchanges
N/A
Address
30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8
Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

Axios Mobile Assets (Axios Mobile Assets) Headlines

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