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Function(x) (Function(x)) Financial Strength : 0 (As of Dec. 2016)


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What is Function(x) Financial Strength?

Function(x) 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.

Function(x) did not have earnings to cover the interest expense. Function(x)'s debt to revenue ratio for the quarter that ended in Dec. 2016 was 2.22. As of today, Function(x)'s Altman Z-Score is 0.00.


Competitive Comparison of Function(x)'s Financial Strength

For the Electronic Gaming & Multimedia subindustry, Function(x)'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.


Function(x)'s Financial Strength Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Function(x)'s Financial Strength distribution charts can be found below:

* The bar in red indicates where Function(x)'s Financial Strength falls into.



Function(x) 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:

Function(x)'s Interest Expense for the months ended in Dec. 2016 was $-2.47 Mil. Its Operating Income for the months ended in Dec. 2016 was $-2.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.00 Mil.

Function(x)'s Interest Coverage for the quarter that ended in Dec. 2016 is

Function(x) 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.

Function(x)'s Debt to Revenue Ratio for the quarter that ended in Dec. 2016 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2016 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(10.794 + 0) / 4.86
=2.22

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.

Function(x) 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.


Function(x)  (OTCPK:FNCX) 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.

Function(x) has the Financial Strength Rank of 0.


Function(x) Financial Strength Related Terms

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


Function(x) (Function(x)) Business Description

Traded in Other Exchanges
N/A
Address
Function(x) Inc operates several digital media properties including online destination for entertainment news for millennial women covering the latest in television, music, and pop culture. The company operates through three segments namely Wetpaint, Choose digital, and DDGG. Its Wetpaint segment publishes original news stories and information content covering top television shows, music, celebrities, entertainment news and fashion. The Choose digital segment features recent and range of digital content, including music, movies, television shows, e-books, and audiobooks. Its DDGG segment enables users to draft a fantasy sports team within a salary cap, follow the game action and reap rewards.
Executives
Peter Horan director C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
John Miller director STARVEST MANAGEMENT, 750 LEXINGTON AVENUE, NEW YORK NY 10022
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116

Function(x) (Function(x)) Headlines

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