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Metro Global Media (Metro Global Media) Financial Strength : 0 (As of Nov. 2001)


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What is Metro Global Media Financial Strength?

Metro Global Media 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.

Metro Global Media did not have earnings to cover the interest expense. Metro Global Media's debt to revenue ratio for the quarter that ended in Nov. 2001 was 0.18. As of today, Metro Global Media's Altman Z-Score is 0.00.


Competitive Comparison of Metro Global Media's Financial Strength

For the Entertainment subindustry, Metro Global Media'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.


Metro Global Media's Financial Strength Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Metro Global Media's Financial Strength falls into.



Metro Global Media 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:

Metro Global Media's Interest Expense for the months ended in Nov. 2001 was $-0.16 Mil. Its Operating Income for the months ended in Nov. 2001 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2001 was $0.03 Mil.

Metro Global Media's Interest Coverage for the quarter that ended in Nov. 2001 is

Metro Global Media 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.

Metro Global Media's Debt to Revenue Ratio for the quarter that ended in Nov. 2001 is

Debt to Revenue Ratio=Total Debt (Q: Nov. 2001 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.039 + 0.029) / 22.604
=0.18

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.

Metro Global Media 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.


Metro Global Media  (GREY:MGMA) 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.

Metro Global Media has the Financial Strength Rank of 0.


Metro Global Media Financial Strength Related Terms

Thank you for viewing the detailed overview of Metro Global Media's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Metro Global Media (Metro Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1060 Park Avenue, Cranston, RI, USA, 02910
Metro Global Media Inc operates in the media industry in United States. The company is a multimedia, mass marketing company that produces adult film, video, and internet entertainment. The firm also publishes and distributes magazines.

Metro Global Media (Metro Global Media) Headlines

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