What is Meta Media Holdings Financial Strength?
Meta Media Holdings has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Meta Media Holdings Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.
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.
Meta Media Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 0.07.
Meta Media Holdings's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.51.
As of today, Meta Media Holdings's Altman Z-Score is 0.63.
Competitive Comparison of Meta Media Holdings's Financial Strength
For the Advertising Agencies subindustry, Meta Media Holdings'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.
Meta Media Holdings's Financial Strength Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Meta Media Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where Meta Media Holdings's Financial Strength falls into.
Meta Media Holdings 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:
Meta Media Holdings's Interest Expense for the
months ended in Dec. 2023 was HK$-5.6 Mil. Its Operating Income for the
months ended in Dec. 2023 was HK$0.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$53.7 Mil.
Meta Media Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Meta Media Holdings's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
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.
Meta Media Holdings has a Z-score of 0.63, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.63 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.
Meta Media Holdings (HKSE:00072) Business Description
Traded in Other Exchanges
N/A
Address
Units 213, Number 1 Software Park Road, 2nd Floor, Block 2, Exhibition Centre, Guangdong Province, Zhuhai, CHN
Meta Media Holdings Ltd is an investment holding company principally engaged in media businesses. It operates through two segments. The art platform segment contributes the majority of the firm's revenue and is engaged in the sales of advertising spaces in magazines, the publication, and distribution of its magazines and periodicals, artwork trading, an auction, as well as art exhibition and education. The Digital platform segment is engaged in the publication of digital media products and sales of advertising spaces through a digital media platform, as well as the production of customized content for brand advertisers. The company operates in China, Hongkong, and the United Kingdom, out of which China accounts for the majority of the revenue.
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Meta Media Holdings (HKSE:00072) Headlines
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