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Neon Bloom (Neon Bloom) Financial Strength : 0 (As of Mar. 2011)


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What is Neon Bloom Financial Strength?

Neon Bloom 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.

Neon Bloom did not have earnings to cover the interest expense. Neon Bloom's debt to revenue ratio for the quarter that ended in Mar. 2011 was 16.36. As of today, Neon Bloom's Altman Z-Score is 0.00.


Competitive Comparison of Neon Bloom's Financial Strength

For the Biotechnology subindustry, Neon Bloom'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.


Neon Bloom's Financial Strength Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Neon Bloom's Financial Strength distribution charts can be found below:

* The bar in red indicates where Neon Bloom's Financial Strength falls into.



Neon Bloom 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:

Neon Bloom's Interest Expense for the months ended in Mar. 2011 was $-0.03 Mil. Its Operating Income for the months ended in Mar. 2011 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2011 was $0.13 Mil.

Neon Bloom's Interest Coverage for the quarter that ended in Mar. 2011 is

Neon Bloom 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.

Neon Bloom's Debt to Revenue Ratio for the quarter that ended in Mar. 2011 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2011 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.593 + 0.127) / 0.044
=16.36

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.

Neon Bloom 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.


Neon Bloom  (OTCPK:NBCO) 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.

Neon Bloom has the Financial Strength Rank of 0.


Neon Bloom Financial Strength Related Terms

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Neon Bloom (Neon Bloom) Business Description

Traded in Other Exchanges
N/A
Address
8860 Columbia 100 Parkway, Suite 216, Columbia, MD, USA, 21045
Neon Bloom Inc is a holding company. It is a science-based firm that uses plant science proprietary products and technology to promote wellness and remedies in the hemp and medical cannabis industry.
Executives
Neev Nissenson director, officer: VP, Secretary Director 42 CARRY WAY, CARSON CITY NV 89521

Neon Bloom (Neon Bloom) Headlines

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