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One Media iP Group (LSE:OMIP) Financial Strength : 0 (As of Oct. 2023)


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What is One Media iP Group Financial Strength?

One Media iP Group 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.

One Media iP Group's Interest Coverage for the quarter that ended in Oct. 2023 was 1.93. One Media iP Group's debt to revenue ratio for the quarter that ended in Oct. 2023 was 0.28. As of today, One Media iP Group's Altman Z-Score is 2.79.


Competitive Comparison of One Media iP Group's Financial Strength

For the Entertainment subindustry, One Media iP 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.


One Media iP Group's Financial Strength Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, One Media iP Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where One Media iP Group's Financial Strength falls into.



One Media iP 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:

One Media iP Group's Interest Expense for the months ended in Oct. 2023 was £-0.07 Mil. Its Operating Income for the months ended in Oct. 2023 was £0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £1.12 Mil.

One Media iP Group's Interest Coverage for the quarter that ended in Oct. 2023 is

Interest Coverage=-1*Operating Income (Q: Oct. 2023 )/Interest Expense (Q: Oct. 2023 )
=-1*0.143/-0.074
=1.93

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. One Media iP Group PLC interest coverage is 1.82, which is low.

2. Debt to revenue ratio. The lower, the better.

One Media iP Group's Debt to Revenue Ratio for the quarter that ended in Oct. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Oct. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.38 + 1.118) / 5.264
=0.28

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.

One Media iP Group has a Z-score of 2.79, indicating it is in Grey Zones. This implies that One Media iP Group is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.79 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


One Media iP Group  (LSE:OMIP) 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.

One Media iP Group has the Financial Strength Rank of 0.


One Media iP Group Financial Strength Related Terms

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One Media iP Group (LSE:OMIP) Business Description

Traded in Other Exchanges
Address
Goldfinger Avenue, Pinewood Road, Pinewood Studios, 623 East Props Building, Iver Heath, Buckinghamshire, GBR, SL0 0NH
One Media iP Group PLC is a B2B and B2C digital content supplier. It acquires, exploits and repackages media intellectual property rights, nostalgic music and TV programs from recordings made over the last 90 years. The company operates an office at Pinewood studio and delivers digital music and video content via online digital stores such as iTunes, Spotify, Amazon, and YouTube. Geographical presence in North America, United Kingdom, Europe, and Rest of world. The group also licenses its music content for use in TV and film, advertising, video games, and corporate websites.

One Media iP Group (LSE:OMIP) Headlines

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