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indiePub Entertainment (indiePub Entertainment) Financial Strength : 0 (As of Sep. 2012)


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What is indiePub Entertainment Financial Strength?

indiePub Entertainment 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.

indiePub Entertainment did not have earnings to cover the interest expense. indiePub Entertainment's debt to revenue ratio for the quarter that ended in Sep. 2012 was 6.27. As of today, indiePub Entertainment's Altman Z-Score is 0.00.


Competitive Comparison of indiePub Entertainment's Financial Strength

For the Electronic Gaming & Multimedia subindustry, indiePub Entertainment'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.


indiePub Entertainment's Financial Strength Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, indiePub Entertainment's Financial Strength distribution charts can be found below:

* The bar in red indicates where indiePub Entertainment's Financial Strength falls into.



indiePub Entertainment 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:

indiePub Entertainment's Interest Expense for the months ended in Sep. 2012 was $-0.39 Mil. Its Operating Income for the months ended in Sep. 2012 was $-0.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $3.86 Mil.

indiePub Entertainment's Interest Coverage for the quarter that ended in Sep. 2012 is

indiePub Entertainment 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.

indiePub Entertainment's Debt to Revenue Ratio for the quarter that ended in Sep. 2012 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2012 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 3.863) / 0.616
=6.27

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.

indiePub Entertainment 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.


indiePub Entertainment  (OTCPK:IPUB) 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.

indiePub Entertainment has the Financial Strength Rank of 0.


indiePub Entertainment Financial Strength Related Terms

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


indiePub Entertainment (indiePub Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
11258 Cornell Park Drive, Suite 608, Cincinnati, OH, USA, 45242
indiePub Entertainment Inc is a developer, publisher, and distributor of interactive entertainment software for digital distribution channels.
Executives
David E Smith 10 percent owner 888 LINDA FLORA DRIVE, LOS ANGELES CA 90049
Ray Schaaf director, officer: President & CEO C/O MANDALAY MEDIA, INC., 2121 AVENUE OF THE STARS, LOS ANGELES CA 90067
Jay Wolf director, officer: Secretary 981 LINDA FLORA DRIVE, LOS ANGELES, CA 90049
Barry Regenstein director C/O COMMAND SECURITY CORP., RTE 55 LEXINGTON PARK P.O. BOX 340, LAGRANGEVILLE NY 12540
Drew Larner director 15260 VENTURA BOULEVARD, 20TH FLOOR, SHERMAN OAKS CA 91403
Robert S Ellin 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Capital L.p. 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Management, Llc 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES DE 90010
Trinad Capital Master Fund Ltd. 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Advisors Ii, Llc 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010

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