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Alpha Imaging Technology (ROCO:3538) Financial Strength : 0 (As of Dec. 2014)


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What is Alpha Imaging Technology Financial Strength?

Alpha Imaging Technology 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.

Alpha Imaging Technology has no long-term debt (1). Alpha Imaging Technology's debt to revenue ratio for the quarter that ended in Dec. 2014 was 0.00. As of today, Alpha Imaging Technology's Altman Z-Score is 12.62.

(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 Alpha Imaging Technology's Financial Strength

For the Semiconductors subindustry, Alpha Imaging Technology'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.


Alpha Imaging Technology's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpha Imaging Technology's Financial Strength distribution charts can be found below:

* The bar in red indicates where Alpha Imaging Technology's Financial Strength falls into.



Alpha Imaging Technology 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:

Alpha Imaging Technology's Interest Expense for the months ended in Dec. 2014 was NT$0.0 Mil. Its Operating Income for the months ended in Dec. 2014 was NT$12.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was NT$0.0 Mil.

Alpha Imaging Technology's Interest Coverage for the quarter that ended in Dec. 2014 is

Alpha Imaging Technology had no long-term debt (1).

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

Good Sign:

Alpha Imaging Technology Corp has no debt.

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

Alpha Imaging Technology's Debt to Revenue Ratio for the quarter that ended in Dec. 2014 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2014 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 827.016
=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.

Alpha Imaging Technology has a Z-score of 12.62, indicating it is in Safe Zones. This implies the Z-Score is strong.

* 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.


Alpha Imaging Technology  (ROCO:3538) 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.

Alpha Imaging Technology has the Financial Strength Rank of 0.


Alpha Imaging Technology Financial Strength Related Terms

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Alpha Imaging Technology (ROCO:3538) Business Description

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Address
Alpha Imaging Technology Corp. operates as an integrated chip fabless design company. It offers integrated mobile multimedia processors and image signal processing products for camera phones and multimedia phones.

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