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Mighty Kingdom (FRA:9UQ) Financial Strength : 0 (As of Dec. 2024)


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What is Mighty Kingdom Financial Strength?

Mighty Kingdom has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Mighty Kingdom did not have earnings to cover the interest expense. Mighty Kingdom's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.06. As of today, Mighty Kingdom's Altman Z-Score is -10.48.


Competitive Comparison of Mighty Kingdom's Financial Strength

For the Electronic Gaming & Multimedia subindustry, Mighty Kingdom'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.


Mighty Kingdom's Financial Strength Distribution in the Interactive Media Industry

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

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


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Mighty Kingdom 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:

Mighty Kingdom's Interest Expense for the months ended in Dec. 2024 was €-0.01 Mil. Its Operating Income for the months ended in Dec. 2024 was €-1.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.00 Mil.

Mighty Kingdom's Interest Coverage for the quarter that ended in Dec. 2024 is

Mighty Kingdom 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.

Mighty Kingdom's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.197 + 0) / 3.072
=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.

Mighty Kingdom has a Z-score of -10.48, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -10.48 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.


Mighty Kingdom  (FRA:9UQ) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Mighty Kingdom has the Financial Strength Rank of 0.


Mighty Kingdom Financial Strength Related Terms

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


Mighty Kingdom Business Description

Traded in Other Exchanges
Address
169 Fullarton Road, Level 1, Dulwich, SA, AUS, 5065
Mighty Kingdom Ltd is engaged in the development of games. The Group's principal activities are developing a broad portfolio of video games for console, PC, and mobile platforms. It has worked with companies including Disney, LEGO, Australian Red Cross, Funcom, Rogue, and Snapchat. Some of the games developed by the company include Sugar Slam, Ava's Manor, Wild Life, Heart Lake Rush, Danger Days, and Shopkins. It has its business activities in one area which is video games development. Mobile games and apps developed and/or published by the Group are made available for customers on different app stores, including Apple's App Store, Google's Google Play, and Valve's Steam Store.

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