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Imagination Technologies Group (Imagination Technologies Group) Financial Strength : 0 (As of Apr. 2017)


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What is Imagination Technologies Group Financial Strength?

Imagination Technologies Group 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.

Imagination Technologies Group's Interest Coverage for the quarter that ended in Apr. 2017 was 249.88. Imagination Technologies Group's debt to revenue ratio for the quarter that ended in Apr. 2017 was 0.31. As of today, Imagination Technologies Group's Altman Z-Score is 0.00.


Competitive Comparison of Imagination Technologies Group's Financial Strength

For the Semiconductor Equipment & Materials subindustry, Imagination Technologies Group'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.


Imagination Technologies Group's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Imagination Technologies Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where Imagination Technologies Group's Financial Strength falls into.



Imagination Technologies Group 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:

Imagination Technologies Group's Interest Expense for the months ended in Apr. 2017 was $-0.0 Mil. Its Operating Income for the months ended in Apr. 2017 was $6.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2017 was $57.2 Mil.

Imagination Technologies Group's Interest Coverage for the quarter that ended in Apr. 2017 is

Interest Coverage=-1*Operating Income (Q: Apr. 2017 )/Interest Expense (Q: Apr. 2017 )
=-1*6.247/-0.025
=249.88

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

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

Imagination Technologies Group's Debt to Revenue Ratio for the quarter that ended in Apr. 2017 is

Debt to Revenue Ratio=Total Debt (Q: Apr. 2017 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(6.867 + 57.193) / 204.21
=0.31

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.

Imagination Technologies Group 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.


Imagination Technologies Group  (OTCPK:IGNMF) 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.

Imagination Technologies Group has the Financial Strength Rank of 0.


Imagination Technologies Group Financial Strength Related Terms

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Imagination Technologies Group (Imagination Technologies Group) Business Description

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Address
Imagination Technologies Group PLC is a United Kingdom-based company that is principally engaged in creating and licensing processor solutions, which consist of graphics, video and vision processing, general purpose and embedded processing, multistandard communications, cloud connectivity, and other solutions. The company's technology is applied in a broad range of markets, including mobile phones, mobile computing, home electronics, handheld multimedia, automotive, networking, wearables, and Internet of Things products. It has a worldwide network of licensees, including semiconductor manufacturers, network operators, and OEM/ODMs. It has a business presence in many countries, including China, France, Germany, Israel, Italy, Japan, South Korea, Taiwan, the U.K., and the United States.

Imagination Technologies Group (Imagination Technologies Group) Headlines

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