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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
GuruFocus does not calculate Sphere 3D's interest coverage with the available data.
Sphere 3D's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.15.
As of today, Sphere 3D's Altman Z-Score is -30.50.
Sphere 3D (NAS:ANY) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Sphere 3D has the Financial Strength Rank of 4.
Sphere 3D Financial Strength Related Terms
ANY vs FDCTD, MGTI, ABIT: Financial Strength Comparison
For the Capital Markets subindustry, Sphere 3D'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.
Sphere 3D Financial Strength vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Sphere 3D's Financial Strength distribution charts can be found below:
* The bar in red indicates where Sphere 3D's Financial Strength falls into.
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:
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.
Sphere 3D has a Z-score of -30.50, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -30.5 is in distress zone. This implies bankruptcy 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.
Sphere 3D (ANY) has a Financial Strength of 4 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Sphere 3D and its competitors. This is near median its historical median of 4.00. Over the past decade, Sphere 3D's Financial Strength has ranged from 1.00 to 9.00.
Is Sphere 3D's Financial Strength too high?
Sphere 3D's current Financial Strength of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. Overall, Sphere 3D has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sphere 3D's Financial Strength compare to FDCTD and MGTI?
Sphere 3D's Financial Strength of 4 can be compared against companies in the Capital Markets industry. Historically, Sphere 3D's own Financial Strength has ranged from 1.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Capital Markets company?
A good Financial Strength depends on the Capital Markets industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Sphere 3D and its competitors. Sphere 3D's current Financial Strength is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere 3D stock overvalued right now?
Based on GuruFocus' analysis, Sphere 3D (ANY) is currently considered Fairly Valued. The stock's GF Value™ is $2.09, compared to a current price of $2.02 — trading 3.3% below its estimated fair value. The current Financial Strength is 4, which is near median its 10-year median of 4.00. Sphere 3D's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Sphere 3D (ANY), the current Financial Strength is 4 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sphere 3D (ANY) Overvalued in 2026?
Based on GuruFocus' analysis, Sphere 3D stock appears to be undervalued.
The current stock price of $2.02 is trading 3.3% below its estimated GF Value™ of $2.09.
GuruFocus considers Sphere 3D to be Fairly Valued.
Key valuation signals for ANY:
Financial Strength: 4 (near median its 10-year median of 4.00)
GF Value™: $2.09 vs. price of $2.02 (3.3% below fair value)
No single metric tells the full story. See the ANY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sphere 3D Corp is engaged in the Bitcoin mining business. The company has established an enterprise-scale mining operation through the procurement of mining equipment and partnering with experienced service providers. It generates revenue from mining and selling Bitcoin.
54GF Score
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