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Healthcare Solutions Management Group (Healthcare Solutions Management Group) Financial Strength : 7 (As of Sep. 2021)


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What is Healthcare Solutions Management Group Financial Strength?

Healthcare Solutions Management Group has the Financial Strength Rank of 7.

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.

Healthcare Solutions Management Group has no long-term debt (1). Healthcare Solutions Management Group's debt to revenue ratio for the quarter that ended in Sep. 2021 was 1.11. As of today, Healthcare Solutions Management Group'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 Healthcare Solutions Management Group's Financial Strength

For the Medical Care Facilities subindustry, Healthcare Solutions Management Group'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.


Healthcare Solutions Management Group's Financial Strength Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Healthcare Solutions Management Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where Healthcare Solutions Management Group's Financial Strength falls into.



Healthcare Solutions Management Group 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:

Healthcare Solutions Management Group's Interest Expense for the months ended in Sep. 2021 was $0.00 Mil. Its Operating Income for the months ended in Sep. 2021 was $-0.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.00 Mil.

Healthcare Solutions Management Group's Interest Coverage for the quarter that ended in Sep. 2021 is

Healthcare Solutions Management Group 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.

Healthcare Solutions Management Group's Debt to Revenue Ratio for the quarter that ended in Sep. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(14.453 + 0) / 13.068
=1.11

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.

Healthcare Solutions Management Group 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.


Healthcare Solutions Management Group  (OTCPK:HSMD) 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.

Healthcare Solutions Management Group has the Financial Strength Rank of 7.


Healthcare Solutions Management Group Financial Strength Related Terms

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


Healthcare Solutions Management Group (Healthcare Solutions Management Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3 School Street, Suite 303, Glen Cove, NY, USA, 11542
Healthcare Solutions Management Group Inc is an integrated healthcare company committed to empowering physicians and clinicians with diagnostic and therapeutic tools, providing all patients access to advanced, affordable, comprehensive care.
Executives
William M Wright director, 10 percent owner, officer: President/CEO 3256 CHICO WAY NW BREMERTON WA 98312
Take Flight Equities, Inc. 10 percent owner 4550 NW NEWBERRY HILL ROAD SUITE 202 SILVERDALE WA 98383
Tracy Dean Bushnell director 4550 NW NEWBERRY HILL ROAD SUITE 202 SILVERDALE WA 98383
Gary Edward Ball director, 10 percent owner, officer: President 15 N. LONGSPUR DRIVE THE WOODLANDS TX 77380
Gary L Bane director 2015 EDGEWATER WAY SANTA BARBARA CA 93109
Wendy S Ball director, 10 percent owner 15 N. LONGSPUR DRIVE THE WOODLANDS TX 77380
James Robert Watson director 28168 RIDGE COVE COURT RANCHO PALOS VERDES CA 90275

Healthcare Solutions Management Group (Healthcare Solutions Management Group) Headlines

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