OPNNF (Openn Negotiation) Financial Strength: 0 (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Openn Negotiation Financial Strength?

Openn Negotiation has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Openn Negotiation did not have earnings to cover the interest expense. As of today, Openn Negotiation's Altman Z-Score is 0.00.

Openn Negotiation  (OTCPK:OPNNF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Openn Negotiation has the Financial Strength Rank of 0.

Openn Negotiation Financial Strength Related Terms

OPNNF vs CSGP, CBRE, BEKE: Financial Strength Comparison

For the Real Estate Services subindustry, Openn Negotiation'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.

Openn Negotiation Financial Strength vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Openn Negotiation's Financial Strength distribution charts can be found below:

* The bar in red indicates where Openn Negotiation's Financial Strength falls into.


Openn Negotiation 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:

Openn Negotiation's Interest Expense for the months ended in Dec. 2024 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2024 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil.

Openn Negotiation's Interest Coverage for the quarter that ended in Dec. 2024 is

Openn Negotiation had no long-term debt (1).

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

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

Openn Negotiation's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0
=N/A

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.

Openn Negotiation 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.

Openn Negotiation Business Description

Address 350 Kent Street, Level 2, SYDNEY, NSW, AUS, 2000
Openn Negotiation Ltd was an Australian technology company that developed a cloud-based platform for real estate transactions. Its flagship product, Openn Negotiation, allowed real estate agents to run transparent, online property sales where buyers could submit offers that were visible to all participants, combining elements of auction and private treaty methods. The platform was used by real estate agents, vendors, and buyers, primarily in Australia, with some expansion into New Zealand and other markets. Revenue was generated through subscription or transaction-based fees charged to agents and agencies using the platform. The company was listed on the Australian Securities Exchange. Following financial difficulties, Openn Negotiation entered administration and was subsequently delisted, with its technology and assets sold or wound down, leaving the entity dormant.