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Comtex News Network (Comtex News Network) Financial Strength : 0 (As of Mar. 2010)


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What is Comtex News Network Financial Strength?

Comtex News Network 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.

Comtex News Network has no long-term debt (1). Comtex News Network's debt to revenue ratio for the quarter that ended in Mar. 2010 was 0.00. As of today, Comtex News Network's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Comtex News Network's Financial Strength

For the Publishing subindustry, Comtex News Network'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.


Comtex News Network's Financial Strength Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Comtex News Network's Financial Strength falls into.



Comtex News Network 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:

Comtex News Network's Interest Expense for the months ended in Mar. 2010 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2010 was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2010 was $0.00 Mil.

Comtex News Network's Interest Coverage for the quarter that ended in Mar. 2010 is

Comtex News Network had no long-term debt (1).

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

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

Comtex News Network's Debt to Revenue Ratio for the quarter that ended in Mar. 2010 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2010 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 7.604
=0.00

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.

Comtex News Network 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.


Comtex News Network  (OTCPK:CMTX) 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.

Comtex News Network has the Financial Strength Rank of 0.


Comtex News Network Financial Strength Related Terms

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


Comtex News Network (Comtex News Network) Business Description

Traded in Other Exchanges
N/A
Address
295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
Comtex News Network Inc is a provider of economically useful electronic real-time news, content and SmarTrend(r) market products. It receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day.
Executives
Chip Brian officer: President and COO 625 N WASHINGTON STREET STE 301 ALEXANDRIA VA 22314
Tepco Corp 10 percent owner 25 CHURCH STREET THE CONTINENTAL BUILDING HAMILTON D0 HM 12
C W Gilluly director, officer: Interim C.E.O. 625 N. WASHINGTON ST. STE 301 ALEXANDRIA VA 22314

Comtex News Network (Comtex News Network) Headlines

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