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Branded Legacy (Branded Legacy) Financial Strength : 0 (As of Dec. 2021)


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What is Branded Legacy Financial Strength?

Branded Legacy 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.

GuruFocus does not calculate Branded Legacy's interest coverage with the available data. Branded Legacy's debt to revenue ratio for the quarter that ended in Dec. 2021 was -1.81. As of today, Branded Legacy's Altman Z-Score is 0.00.


Competitive Comparison of Branded Legacy's Financial Strength

For the Drug Manufacturers - Specialty & Generic subindustry, Branded Legacy'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.


Branded Legacy's Financial Strength Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Branded Legacy's Financial Strength distribution charts can be found below:

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



Branded Legacy 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:

Branded Legacy's Interest Expense for the months ended in Dec. 2021 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2021 was $0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.42 Mil.

Branded Legacy's Interest Coverage for the quarter that ended in Dec. 2021 is

GuruFocus does not calculate Branded Legacy's interest coverage with the available data.

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

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

Branded Legacy's Debt to Revenue Ratio for the quarter that ended in Dec. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.014 + 0.421) / -0.24
=-1.81

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.

Branded Legacy 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.


Branded Legacy  (OTCPK:BLEG) 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.

Branded Legacy has the Financial Strength Rank of 0.


Branded Legacy Financial Strength Related Terms

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Branded Legacy (Branded Legacy) Business Description

Traded in Other Exchanges
N/A
Address
227 West 4th Street, Unit 108, Charlotte, NC, USA, 28202
Branded Legacy Inc is a company engaged in the development and marketing of products for the fitness and wellness markets. The company is focused on creating products for health-conscious consumers. Through its subsidiary, the company focuses on the development and marketing of hemp-based food, beverage, and healthcare products including hemp coffee, hemp water, and hemp-based skincare products. It sells product to consumers, wholesalers as well as distributors.