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AVG Technologies NV (AVG Technologies NV) Financial Strength : 0 (As of Jun. 2016)


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What is AVG Technologies NV Financial Strength?

AVG Technologies NV 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.

GuruFocus does not calculate AVG Technologies NV's interest coverage with the available data. AVG Technologies NV's debt to revenue ratio for the quarter that ended in Jun. 2016 was 0.52. As of today, AVG Technologies NV's Altman Z-Score is 0.00.


Competitive Comparison of AVG Technologies NV's Financial Strength

For the Software - Application subindustry, AVG Technologies NV'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.


AVG Technologies NV's Financial Strength Distribution in the Software Industry

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

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



AVG Technologies NV 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:

AVG Technologies NV's Interest Expense for the months ended in Jun. 2016 was $0.0 Mil. Its Operating Income for the months ended in Jun. 2016 was $12.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $216.3 Mil.

AVG Technologies NV's Interest Coverage for the quarter that ended in Jun. 2016 is

GuruFocus does not calculate AVG Technologies NV's interest coverage with the available data.

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

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

AVG Technologies NV's Debt to Revenue Ratio for the quarter that ended in Jun. 2016 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2016 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.3 + 216.346) / 420.116
=0.52

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.

AVG Technologies NV 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.


AVG Technologies NV  (OTCPK:AVGTF) 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.

AVG Technologies NV has the Financial Strength Rank of 0.


AVG Technologies NV Financial Strength Related Terms

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


AVG Technologies NV (AVG Technologies NV) Business Description

Traded in Other Exchanges
N/A
Address
AVG Technologies N.V is functional in the software industry based in the Netherlands. The company designs products which allow the users of internet and computer systems a safe browsing and data management experience. Its product portfolio caters to the consumer and SMB markets across multiple devices and operating systems with Internet security, PC performance optimization, online backup, identity protection, family safety, mobile control and location services and dynamic secure search. AVG's suite of trademark products includes AVG Anti-Virus FREE, AVG Anti-Virus, AVG Web TuneUp, AVG Cleaner-Xperia and HideMyPhone, among others. The company's licenses derived through the consumer market, primarily in the United States are its major revenue drivers.
Executives
Ahmet H Okumus 10 percent owner C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Okumus Fund Management Ltd. 10 percent owner 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Okumus Opportunistic Value Fund Ltd. 10 percent owner CRAIGMUIR CHAMBERS, SUITE 71, ROAD TOWN, TORTOLA D8 VG 1110

AVG Technologies NV (AVG Technologies NV) Headlines

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