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Goliath Film & Media Holdings (Goliath Film & Media Holdings) Financial Strength : 0 (As of Jan. 2024)


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What is Goliath Film & Media Holdings Financial Strength?

Goliath Film & Media 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.

Goliath Film & Media Holdings has no long-term debt (1). Goliath Film & Media Holdings's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.00. As of today, Goliath Film & Media Holdings's Altman Z-Score is -121.14.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Goliath Film & Media Holdings's Financial Strength

For the Entertainment subindustry, Goliath Film & Media 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.


Goliath Film & Media Holdings's Financial Strength Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Goliath Film & Media Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Goliath Film & Media Holdings's Financial Strength falls into.



Goliath Film & Media 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:

Goliath Film & Media Holdings's Interest Expense for the months ended in Jan. 2024 was $0.00 Mil. Its Operating Income for the months ended in Jan. 2024 was $0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil.

Goliath Film & Media Holdings's Interest Coverage for the quarter that ended in Jan. 2024 is

Goliath Film & Media Holdings had no long-term debt (1).

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. Goliath Film & Media Holdings has enough cash to cover all of its debt. Its financial situation is stable.

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

Goliath Film & Media Holdings's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0.192
=0.00

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.

Goliath Film & Media Holdings has a Z-score of -121.14, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -121.14 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.


Goliath Film & Media Holdings  (OTCPK:GFMH) 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.

Goliath Film & Media Holdings has the Financial Strength Rank of 0.


Goliath Film & Media Holdings Financial Strength Related Terms

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Goliath Film & Media Holdings (Goliath Film & Media Holdings) Business Description

Traded in Other Exchanges
N/A
Address
112 N. Curry Street, Carson, NV, USA, 89703
Goliath Film & Media Holdings is a media company in the United States. The firm through its wholly-owned subsidiaries develops, produces and distributes motion pictures and digital content. It also specializes in developing and acquiring quality films. Besides, it develops screenplays with the intent of outsourcing the production and locking in the distribution of the films developed.
Executives
Kaila Criscione director, 10 percent owner, officer: Chief Operating Officer 640 S SAN VICENTE BOULEVARD, FIFTH FLOOR, LOS ANGELES CA 90048
Lamont Roberts director, 10 percent owner, officer: Chief Executive Officer 640 S SAN VICENTE BOULEVARD, FIFTH FLOOR, LOS ANGELES CA 90048
Kevin Richard Frawley 10 percent owner 640 S SAN VICENTE BOULEVARD, FIFTH FLOOR, LOS ANGELES CA 90048

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