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BODI (The Beachbody Co) Financial Strength : 5 (As of Sep. 2024)


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What is The Beachbody Co Financial Strength?

The Beachbody Co has the Financial Strength Rank of 5.

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.

The Beachbody Co did not have earnings to cover the interest expense. The Beachbody Co's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.06. As of today, The Beachbody Co's Altman Z-Score is -3.29.


Competitive Comparison of The Beachbody Co's Financial Strength

For the Internet Content & Information subindustry, The Beachbody Co'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.


The Beachbody Co's Financial Strength Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, The Beachbody Co's Financial Strength distribution charts can be found below:

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



The Beachbody Co 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:

The Beachbody Co's Interest Expense for the months ended in Sep. 2024 was $-1.6 Mil. Its Operating Income for the months ended in Sep. 2024 was $-7.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $11.9 Mil.

The Beachbody Co's Interest Coverage for the quarter that ended in Sep. 2024 is

The Beachbody Co 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.

The Beachbody Co's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(12.8 + 11.867) / 408.772
=0.06

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.

The Beachbody Co has a Z-score of -3.29, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -3.29 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.


The Beachbody Co  (NYSE:BODI) 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.

The Beachbody Co has the Financial Strength Rank of 5.


The Beachbody Co Financial Strength Related Terms

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


The Beachbody Co Business Description

Traded in Other Exchanges
Address
400 Continental Boulevard, Suite 400, El Segundo, CA, USA, 90245
The Beachbody Co Inc is a health and wellness platform providing fitness, nutrition and stress-reducing programs to its customers. The product offerings of the company include Digital Subscriptions, Nutritional Products, and Connected Fitness Products. It earns the majority of its revenue from the United States. The company operates and manages its business in two operating segments, Beachbody and Other.
Executives
Jonathan Congdon officer: SEE REMARKS C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Mark R Goldston director, officer: Executive Chairman C/O UNITED ONLINE, 2555 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Ann Marie Lundy director C/O THE BEACHBODY COMPANY, INC., 400 CONTINENTAL BLVD., SUITE 400, EL SEGUNDO CA 90245
Carl Daikeler director, 10 percent owner, officer: SEE REMARKS C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Kathy P Vrabeck officer: CHIEF STRATEGY OFFICER 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Marc Suidan officer: CHIEF FINANCIAL OFFICER C/O THE BEACHBODY COMPANY, INC., 400 CONTINENTAL BLVD., SUITE 400, EL SEGUNDO CA 90245
Michael Heller director CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Kristin E. Frank director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Blake Timothy Bilstad officer: SEE REMARKS C/O THE BEACHBODY COMPANY, INC., 3301 EXPOSITION BLVD., SANTA MONICA CA 90404
John S. Salter director ONE LOMBARD STREET, SUITE 300, SAN FRANCISCO CA 94111
Susan Collyns officer: PRESIDENT & CFO 6053 W CENTURY BLVD STE 1100, C/O CALIFORNIA PIZZA KITCHEN INC, LOS ANGLES CA 90045-6430
Rpiii Corp Spv Management Llc 10 percent owner 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Raine Management Llc 10 percent owner 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Rpiii Corp Aggregator Lp 10 percent owner ATTN: LEGAL DEPT., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Rpiii Rainsanity Lp 10 percent owner ATTN: LEGAL DEPT., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022