GURUFOCUS.COM » STOCK LIST » Technology » Software » Exodus Movement Inc (OTCPK:EXOD) » Definitions » Financial Strength

Exodus Movement (Exodus Movement) Financial Strength : 10 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Exodus Movement Financial Strength?

Exodus Movement has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Exodus Movement Inc shows strong financial strength.

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.

Exodus Movement has no long-term debt (1). Exodus Movement's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Exodus Movement'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 Exodus Movement's Financial Strength

For the Software - Infrastructure subindustry, Exodus Movement'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.


Exodus Movement's Financial Strength Distribution in the Software Industry

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

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



Exodus Movement 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:

Exodus Movement's Interest Expense for the months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was $67.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

Exodus Movement's Interest Coverage for the quarter that ended in Mar. 2024 is

Exodus Movement had no long-term debt (1).

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

Good Sign:

Exodus Movement Inc has no debt.

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

Exodus Movement's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 116.24
=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.

Exodus Movement 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.


Exodus Movement  (OTCPK:EXOD) 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.

Exodus Movement has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Exodus Movement Financial Strength Related Terms

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


Exodus Movement (Exodus Movement) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
15418 Weir Street, Suite 333, Omaha, NE, USA, 68137
Exodus Movement Inc is a self-custodial platform that connects people with the world of decentralized finance and the power of the blockchain. Available for desktop and mobile, it allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum. Geographical presence in Europe, United States, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America (Other Americas).

Exodus Movement (Exodus Movement) Headlines

From GuruFocus

Exodus Reports First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 06-10-2022

Exodus to Participate in Bitcoin 2022 Conference

By GuruFocusNews GuruFocusNews 04-05-2022

Exodus Releases Preliminary Q2 2022 Metrics

By PurpleRose PurpleRose 07-12-2022

Exodus Reports First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 06-20-2022

Exodus Reports First Quarter 2022 Results

By PurpleRose PurpleRose 07-10-2022

Exodus Announces Release of Fiat On-Ramp

By GuruFocusNews GuruFocusNews 04-14-2022

Exodus Announces Date of First Quarter 2022 Earnings Webcast

By GuruFocusNews GuruFocusNews 04-12-2022

Exodus Reports Third Quarter 2021 Results

By GuruFocusNews GuruFocusNews 11-16-2021

Exodus Reschedules Fourth Quarter and Full Year 2021 Live Webcast

By GuruFocusNews GuruFocusNews 03-02-2022

Exodus Reports First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 05-21-2022