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IntraLinks Holdings (IntraLinks Holdings) Altman Z-Score : 2.65 (As of May. 05, 2024)


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What is IntraLinks Holdings Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

IntraLinks Holdings has a Altman Z-Score of 2.65, indicating it is in Grey Zones. This implies that IntraLinks Holdings is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for IntraLinks Holdings's Altman Z-Score or its related term are showing as below:


IntraLinks Holdings Altman Z-Score Historical Data

The historical data trend for IntraLinks Holdings's Altman Z-Score can be seen below:

* 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.

* Premium members only.

IntraLinks Holdings Altman Z-Score Chart

IntraLinks Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Altman Z-Score
Get a 7-Day Free Trial 1.46 1.40 2.47 2.40 1.75

IntraLinks Holdings Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.58 1.75 1.62 1.26 2.05

Competitive Comparison of IntraLinks Holdings's Altman Z-Score

For the Software - Application subindustry, IntraLinks Holdings's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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.


IntraLinks Holdings's Altman Z-Score Distribution in the Software Industry

For the Software industry and Technology sector, IntraLinks Holdings's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where IntraLinks Holdings's Altman Z-Score falls into.



IntraLinks Holdings Altman Z-Score Calculation

Altman 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.

IntraLinks Holdings's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.0535+1.4*-0.4196+3.3*-0.0328+0.6*4.3652+1.0*0.6633
=2.65

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Sep. 2016:
Total Assets was $437.8 Mil.
Total Current Assets was $113.2 Mil.
Total Current Liabilities was $89.8 Mil.
Retained Earnings was $-183.7 Mil.
Pre-Tax Income was -0.531 + -7.332 + -4.738 + -6.299 = $-18.9 Mil.
Interest Expense was -1.165 + -1.133 + -1.117 + -1.112 = $-4.5 Mil.
Revenue was 75.414 + 72.951 + 70.723 + 71.284 = $290.4 Mil.
Market Cap (Today) was $753.2 Mil.
Total Liabilities was $172.6 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(113.169 - 89.76)/437.763
=0.0535

X2=Retained Earnings/Total Assets
=-183.669/437.763
=-0.4196

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-18.9 - -4.527)/437.763
=-0.0328

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=753.230/172.555
=4.3652

X5=Revenue/Total Assets
=290.372/437.763
=0.6633

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

IntraLinks Holdings has a Altman Z-Score of 2.65 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.


IntraLinks Holdings  (NYSE:IL) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


IntraLinks Holdings Altman Z-Score Related Terms

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IntraLinks Holdings (IntraLinks Holdings) Business Description

Traded in Other Exchanges
N/A
Address
IntraLinks Holdings Inc was incorporated in Delaware as Intralinks, Inc. in June 1996. The Company is a provider of Software-as-a-Service solutions for secure content management and collaboration within and among organizations. Its cloud-based solutions enable organizations to control, track, search and exchange time-sensitive information inside and outside the firewall. Its customers rely on its solutions to manage large amounts of electronic information, accelerate information intensive business processes, reduce time to market, optimize critical information workflow, meet regulatory and risk management requirements and collaborate with business counterparties in a secure, auditable and compliant manner. It helps its customers eliminate many of the inherent risks and inefficiencies of using email, fax, courier services and other existing solutions to collaborate and exchange information. The Company sell their solutions through a mix of field and inside sales, a referral network and a select group of channel partners. The Company delivers its solutions through a cloud-based model, making them available on-demand over the Internet using a multi-tenant SaaS architecture in which a single instance of its software serves all of its customers. The Company has built a secure and scalable, cloud-based, multi-tenant platform upon which it develops solutions that allow customers to collaborate, manage and exchange critical information across organizational and geographic boundaries. It integrates content management, collaboration and social networking software into one platform that supports business collaboration and content exchange. The Intralinks Platform scales from the needs of small groups and individuals within one organization to large teams of people across multiple enterprises, financial institutions and governmental agencies. Its platform helps transform a wide range of slow, expensive and information-intensive tasks into streamlined, efficient and real-time business processes. The Company competes with a multitude of service providers, including both virtual data room providers and enterprise software providers.Its trademarks include Intralinks, Intralinks Connect, Intralinks DealNexus, Intralinks Dealspace, Intralinks Debtspace, Intralinks Fundspace, Intralinks Studyspace, Intralinks VIA.
Executives
Ta Associates, L.p. 10 percent owner 200 CLARENDON STREET, 56TH FLOOR, BOSTON MA 02116
Thomas E Hale director 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Rho Capital Partners Verwaltungs Gmbh 10 percent owner 124 DUNE RD, QUOGUE NY 11959
Rho Ventures Iv Gmbh & Co Beteiligungs Kg 10 percent owner 124 DUNE RD, QUOGUE NY 11959
Rho Management Ventures Iv Llc 10 percent owner 124 DUNE RD, QUOGUE NY 11959
Rho Ventures Iv Qp Lp 10 percent owner 124 DUNE RD, QUOGUE NY 11959
Rho Ventures Iv Lp 10 percent owner 124 DUNE ROAD, QUOGUE NY 11959
Rho Ventures Iv Holdings Llc 10 percent owner 152 W. 57TH STREET, 23RD FLOOR, NEW YORK NY 10019
Mark Leschly 10 percent owner RHO CAPITAL PARTNERS, INC., 152 W 57TH ST 23RD FL, NEW YORK NY 10019
Habib Kairouz director, 10 percent owner C/O RHO CAPITAL PARTNERS, INC., 152 WEST 57TH STREET, 23RD FLOOR, NEW YORK NY 10019
Joshua Ruch 10 percent owner 4 DUNE ROAD, EAST QUOGUE NY 11942
Harsha Ramalingam director C/O INTRALINKS HOLDINGS, INC., 150 EAST 42ND STREET, 8TH FLOOR, NEW YORK NY 10017
Christopher Lafond officer: Chief Financial Officer 56 TOP GALLANT RD, STAMFORD CT 06904
J Chris Scalet director MERCK & CO., INC., ONE MERCK DRIVE, PO BOX 100, WHITEHOUSE STATION NJ 08889-0100
Jim Steele director C/O INTRALINKS, INC., 150 E. 42ND STREET, NEW YORK NY 10017

IntraLinks Holdings (IntraLinks Holdings) Headlines

From GuruFocus

INTRALINKS HOLDINGS INC. (IL) President & CEO J Andrew Damico sells 7,800 Shares

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