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Buddy Technologies (Buddy Technologies) Financial Strength : 0 (As of Dec. 2021)


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What is Buddy Technologies Financial Strength?

Buddy Technologies 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.

Buddy Technologies did not have earnings to cover the interest expense. Buddy Technologies's debt to revenue ratio for the quarter that ended in Dec. 2021 was 0.60. As of today, Buddy Technologies's Altman Z-Score is 0.00.


Competitive Comparison of Buddy Technologies's Financial Strength

For the Software - Infrastructure subindustry, Buddy Technologies'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.


Buddy Technologies's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, Buddy Technologies's Financial Strength distribution charts can be found below:

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



Buddy Technologies 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:

Buddy Technologies's Interest Expense for the months ended in Dec. 2021 was $-1.37 Mil. Its Operating Income for the months ended in Dec. 2021 was $-6.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil.

Buddy Technologies's Interest Coverage for the quarter that ended in Dec. 2021 is

Buddy Technologies 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.

Buddy Technologies's Debt to Revenue Ratio for the quarter that ended in Dec. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(11.875 + 0) / 19.662
=0.60

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.

Buddy Technologies 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.


Buddy Technologies  (OTCPK:POTTF) 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.

Buddy Technologies has the Financial Strength Rank of 0.


Buddy Technologies Financial Strength Related Terms

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


Buddy Technologies (Buddy Technologies) Business Description

Traded in Other Exchanges
N/A
Address
12 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Buddy Technologies Ltd is an IoT(Internet of Things) and a cloud-based technology company. The company's operating segment includes Commercial Business, Consumer Business, and Corporate. It generates maximum revenue from the Consumer Business segment that includes all the activities related to LIFX, which is the brand providing smart lighting solutions. Commercial Business includes Buddy Ohm, Buddy Cloud, and other Buddy Managed Services. Its geographical segments include Australia, North America, and EMEA(Europe, the Middle East & Africa).

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