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INTV (Integrated Ventures) Financial Strength : 3 (As of Sep. 2024)


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What is Integrated Ventures Financial Strength?

Integrated Ventures 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:

Integrated Ventures Inc 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.

Integrated Ventures did not have earnings to cover the interest expense. Integrated Ventures's debt to revenue ratio for the quarter that ended in Sep. 2024 was 151.75. As of today, Integrated Ventures's Altman Z-Score is -37.38.


Competitive Comparison of Integrated Ventures's Financial Strength

For the Capital Markets subindustry, Integrated Ventures'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.


Integrated Ventures's Financial Strength Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Integrated Ventures's Financial Strength distribution charts can be found below:

* The bar in red indicates where Integrated Ventures's Financial Strength falls into.



Integrated Ventures 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:

Integrated Ventures's Interest Expense for the months ended in Sep. 2024 was $-0.01 Mil. Its Operating Income for the months ended in Sep. 2024 was $-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.09 Mil.

Integrated Ventures's Interest Coverage for the quarter that ended in Sep. 2024 is

Integrated Ventures 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.

Integrated Ventures's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.517 + 0.09) / 0.004
=151.75

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.

Integrated Ventures has a Z-score of -37.38, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -37.38 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.


Integrated Ventures  (OTCPK:INTV) 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.

Integrated Ventures 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.


Integrated Ventures Financial Strength Related Terms

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Integrated Ventures Business Description

Traded in Other Exchanges
N/A
Address
18385 Route 287, Tioga, Huntingdon Valley, PA, USA, 16946
Integrated Ventures Inc engaged in acquiring, launching and operating companies in the cryptocurrency sector. The company is focused on activities such as digital currency mining, equipment manufacturing, and sales of branded mining rigs, as well as blockchain software development. It earns its cryptocurrency mining revenues by providing transaction verification services within the digital currency networks of cryptocurrencies, such as Bitcoin, Litecoin, and Ethereum.
Executives
Steve Rubakh director, officer: CEO 73 BUCK RD., SUITE 2, HUNTINGDON VALLEY PA 19006
Johnny Falcones director 73 BUCK ROAD, SUITE 2, HUNTINGDON VALLEY NY 19006
Daniel Grillo director 340 MADISON AVENUE, NEW YORK NY 10173