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Amacore Group (Amacore Group) Financial Strength : 0 (As of Jun. 2010)


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What is Amacore Group Financial Strength?

Amacore Group 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.

Amacore Group did not have earnings to cover the interest expense. Amacore Group's debt to revenue ratio for the quarter that ended in Jun. 2010 was 0.16. As of today, Amacore Group's Altman Z-Score is 0.00.


Competitive Comparison of Amacore Group's Financial Strength

For the Medical Care Facilities subindustry, Amacore Group'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.


Amacore Group's Financial Strength Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Amacore Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where Amacore Group's Financial Strength falls into.



Amacore Group 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:

Amacore Group's Interest Expense for the months ended in Jun. 2010 was $-0.18 Mil. Its Operating Income for the months ended in Jun. 2010 was $-3.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2010 was $1.77 Mil.

Amacore Group's Interest Coverage for the quarter that ended in Jun. 2010 is

Amacore Group 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.

Amacore Group's Debt to Revenue Ratio for the quarter that ended in Jun. 2010 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2010 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.928 + 1.767) / 17.22
=0.16

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.

Amacore Group 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.


Amacore Group  (OTCPK:ACGI) 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.

Amacore Group has the Financial Strength Rank of 0.


Amacore Group Financial Strength Related Terms

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


Amacore Group (Amacore Group) Business Description

Traded in Other Exchanges
N/A
Address
Maitland Promenade 1, Suite 450, 485 North Keller Road, Maitland, FL, USA, 32751
Amacore Group Inc provides and markets healthcare-related membership products such as limited and major medical insurance programs, supplemental medical insurance and discount dental and vision programs for individuals and families. It offers services through agents, sales representatives, and marketing partners.
Executives
Vicis Capital, Llc 10 percent owner 445 PARK AVENUE, SUITE 1043, NEW YORK NY 10022
Vicis Capital Master Fund 10 percent owner 126 EAST 56TH STREET, TOWER 56, SUITE 700, NEW YORK NY 10022
Shadron L. Stastney director 126 E. 56TH STREET, TOWER 56, SUITE 700, NEW YORK NY 10022

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