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UpSnap (UpSnap) Financial Strength : 0 (As of Sep. 2023)


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What is UpSnap Financial Strength?

UpSnap 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.

UpSnap did not have earnings to cover the interest expense. UpSnap's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.97. As of today, UpSnap's Altman Z-Score is -421.89.


Competitive Comparison of UpSnap's Financial Strength

For the Advertising Agencies subindustry, UpSnap'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.


UpSnap's Financial Strength Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, UpSnap's Financial Strength distribution charts can be found below:

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



UpSnap 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:

UpSnap's Interest Expense for the months ended in Sep. 2023 was $-0.02 Mil. Its Operating Income for the months ended in Sep. 2023 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

UpSnap's Interest Coverage for the quarter that ended in Sep. 2023 is

UpSnap 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.

UpSnap's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.619 + 0) / 0.636
=0.97

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.

UpSnap has a Z-score of -421.89, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -421.89 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.


UpSnap  (OTCPK:CEENQ) 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.

UpSnap has the Financial Strength Rank of 0.


UpSnap Financial Strength Related Terms

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


UpSnap (UpSnap) Business Description

Traded in Other Exchanges
Address
100 Consilium Place, Suite 200, Toronto, ON, CAN, M1H 3E3
UpSnap Inc is a provider of mobile advertising solutions. It offers its mobile advertising services to national brands on a campaign basis and to small businesses on a subscription basis. In addition, it is involved in the licensing and support of its software solutions, as well as sale and service of software and hosting solutions. The company is conducting business in two geographic areas of operations - the United States and the rest of the world. It generates revenue from advertising services, software licensing, updated and support, and software customization.

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