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Osirium Technologies (LSE:OSI) Financial Strength : 0 (As of Jun. 2023)


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What is Osirium Technologies Financial Strength?

Osirium Technologies 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.

Osirium Technologies did not have earnings to cover the interest expense. Osirium Technologies's debt to revenue ratio for the quarter that ended in Jun. 2023 was 1.52. As of today, Osirium Technologies's Altman Z-Score is -6.28.


Competitive Comparison of Osirium Technologies's Financial Strength

For the Software - Infrastructure subindustry, Osirium Technologies'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.


Osirium Technologies's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, Osirium Technologies's Financial Strength distribution charts can be found below:

* The bar in red indicates where Osirium Technologies's Financial Strength falls into.



Osirium Technologies 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:

Osirium Technologies's Interest Expense for the months ended in Jun. 2023 was £-0.12 Mil. Its Operating Income for the months ended in Jun. 2023 was £-1.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £3.20 Mil.

Osirium Technologies's Interest Coverage for the quarter that ended in Jun. 2023 is

Osirium Technologies 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.

Osirium Technologies's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.055 + 3.199) / 2.146
=1.52

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.

Osirium Technologies has a Z-score of -6.28, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -6.28 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.


Osirium Technologies  (LSE:OSI) 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.

Osirium Technologies has the Financial Strength Rank of 0.


Osirium Technologies Financial Strength Related Terms

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Osirium Technologies (LSE:OSI) Business Description

Traded in Other Exchanges
N/A
Address
11-13 High Street, Theale Court, Reading, Theale, Berkshire, GBR, RG7 5AH
Osirium Technologies PLC is a United Kingdom-based company that provides cyber-security software that protects critical IT assets, infrastructures and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts. Majority of the revenue is derived from the sale of software subscriptions and consultancy services to the customers in the United Kingdom.

Osirium Technologies (LSE:OSI) Headlines