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Ellie Mae (Ellie Mae) Financial Strength : 0 (As of Dec. 2018)


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What is Ellie Mae Financial Strength?

Ellie Mae 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.

Ellie Mae has no long-term debt (1). Ellie Mae's debt to revenue ratio for the quarter that ended in Dec. 2018 was 0.00. As of today, Ellie Mae's Altman Z-Score is 0.00.

(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 Ellie Mae's Financial Strength

For the Software - Application subindustry, Ellie Mae'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.


Ellie Mae's Financial Strength Distribution in the Software Industry

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

* The bar in red indicates where Ellie Mae's Financial Strength falls into.



Ellie Mae 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:

Ellie Mae's Interest Expense for the months ended in Dec. 2018 was $0.0 Mil. Its Operating Income for the months ended in Dec. 2018 was $-0.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.0 Mil.

Ellie Mae's Interest Coverage for the quarter that ended in Dec. 2018 is

Ellie Mae had no long-term debt (1).

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

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

Ellie Mae's Debt to Revenue Ratio for the quarter that ended in Dec. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 464.184
=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.

Ellie Mae 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.


Ellie Mae  (NYSE:ELLI) 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.

Ellie Mae has the Financial Strength Rank of 0.


Ellie Mae Financial Strength Related Terms

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


Ellie Mae (Ellie Mae) Business Description

Traded in Other Exchanges
N/A
Address
4420 Rosewood Drive, Suite 500, Pleasanton, CA, USA, 94588
Ellie Mae Inc is a provider of on-demand software solutions and services for the residential mortgage industry. Its solutions provide a system to allow banks, credit unions, and mortgage lenders to originate and fund mortgages. The company's solutions include customer relationship management, loan processing, underwriting, compliance, and overall enterprise management capabilities. The company derives revenue from transaction-based fees and subscription fees to its Software-as-a-Service solutions, which are typically sold on an annual basis. All of the firm's revenue is generated in the United States.
Executives
Rajat Taneja director C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, LEGAL DEPT., REDWOOD CITY CA 94065
Marina Levinson director C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Robert J Levin director ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
A Barr Dolan director ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Karen Blasing director 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Peter Hirsch officer: EVP, Technology & Operations C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, PLEASANTON CA 94588
Alan S. Henricks director MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
First American Corp 10 percent owner 40 PACIFICA, SUITE 900, IRVINE CA 92618
Alta Embarcadero Partners Ii Llc 10 percent owner ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Alta California Management Partners Ii Llc 10 percent owner ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Garrett Gruener 10 percent owner ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Alta California Partners Ii Lp 10 percent owner ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Cmc Master Fund, L.p. 10 percent owner 525 UNIVERSITY AVENUE, SUITE 1400, PALO ALTO CA 94301
C.m. Capital Corp 10 percent owner 525 UNIVERSITY AVENUE, SUITE 1400, PALO ALTO CA 94301
C.m. Capital Advisors, Llc 10 percent owner 525 UNIVERSITY AVENUE, SUITE 1400, PALO ALTO CA 94301

Ellie Mae (Ellie Mae) Headlines

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