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Alphinat (Alphinat) Financial Strength : 0 (As of May. 2023)


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What is Alphinat Financial Strength?

Alphinat 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.

Alphinat's Interest Coverage for the quarter that ended in May. 2023 was 0.86. Alphinat's debt to revenue ratio for the quarter that ended in May. 2023 was 0.09. As of today, Alphinat's Altman Z-Score is -20.72.


Competitive Comparison of Alphinat's Financial Strength

For the Software - Application subindustry, Alphinat'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.


Alphinat's Financial Strength Distribution in the Software Industry

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

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



Alphinat 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:

Alphinat's Interest Expense for the months ended in May. 2023 was $-0.01 Mil. Its Operating Income for the months ended in May. 2023 was $0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was $0.04 Mil.

Alphinat's Interest Coverage for the quarter that ended in May. 2023 is

Interest Coverage=-1*Operating Income (Q: May. 2023 )/Interest Expense (Q: May. 2023 )
=-1*0.006/-0.007
=0.86

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

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

Alphinat's Debt to Revenue Ratio for the quarter that ended in May. 2023 is

Debt to Revenue Ratio=Total Debt (Q: May. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.067 + 0.038) / 1.164
=0.09

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.

Alphinat has a Z-score of -20.72, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -20.72 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.


Alphinat  (OTCPK:APHTF) 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.

Alphinat has the Financial Strength Rank of 0.


Alphinat Financial Strength Related Terms

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


Alphinat (Alphinat) Business Description

Traded in Other Exchanges
N/A
Address
2000 2000 rue Peel Street, Suite 680, Montreal, QC, CAN, H3A 2W5
Alphinat Inc is a software company that has developed the SmartGuide suite that allows the user to create web applications and self-service tools that automate interactions between an organization and its customers, employees, and partners. Its software suite simplifies, accelerates and improves interactions with all business constituents. The company technology provides solutions to the public sector, healthcare, telecommunications, and financial institutions. It derives the majority of its revenue from solutions provider for Public Sector Agencies. Geographically, it generates maximum revenue from Canada and also has a presence in France, the United States, and Other Countries.

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