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Genesys ID (Genesys ID) Financial Strength : 0 (As of Sep. 2016)


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What is Genesys ID Financial Strength?

Genesys ID 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.

Genesys ID did not have earnings to cover the interest expense. Genesys ID's debt to revenue ratio for the quarter that ended in Sep. 2016 was 30.50. As of today, Genesys ID's Altman Z-Score is 0.00.


Competitive Comparison of Genesys ID's Financial Strength

For the Medical Instruments & Supplies subindustry, Genesys ID'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.


Genesys ID's Financial Strength Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Genesys ID's Financial Strength distribution charts can be found below:

* The bar in red indicates where Genesys ID's Financial Strength falls into.



Genesys ID 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:

Genesys ID's Interest Expense for the months ended in Sep. 2016 was $-0.22 Mil. Its Operating Income for the months ended in Sep. 2016 was $-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $0.00 Mil.

Genesys ID's Interest Coverage for the quarter that ended in Sep. 2016 is

Genesys ID 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.

Genesys ID'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
=(0.61 + 0) / 0.02
=30.50

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.

Genesys ID 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.


Genesys ID  (GREY:GNID) 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.

Genesys ID has the Financial Strength Rank of 0.


Genesys ID Financial Strength Related Terms

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


Genesys ID (Genesys ID) Business Description

Traded in Other Exchanges
N/A
Address
170 Green Valley Parkway, Suite 300, Henderson, NV, USA, 89012
Genesys ID Inc designs, develops, engineers and markets fingerprint medical security storage solutions for consumers and healthcare professionals. It offers autonomous fingerprint medical security solutions for controlled substances. Its products and technology address the economic and social impacts of drug diversion, unauthorized access to medications, prescription drug abuse and poor medication adherence. The company focuses on offering and delivering the easiest to use and secure method of securing the storage and administration of drugs at home, in hospitals, emergency medical clinics, assisted living facilities, outpatient and recovery centers, sober houses and ambulance vehicles. All the activities are carried out through the region of United States.

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