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.
DigiPlus Interactive's Interest Coverage for the quarter that ended in Sep. 2024 was 47.60.
DigiPlus Interactive's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.02.
As of today, DigiPlus Interactive's Altman Z-Score is 11.08.
Competitive Comparison of DigiPlus Interactive's Financial Strength
For the Gambling subindustry, DigiPlus Interactive'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.
DigiPlus Interactive's Financial Strength Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, DigiPlus Interactive's Financial Strength distribution charts can be found below:
* The bar in red indicates where DigiPlus Interactive's Financial Strength falls into.
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:
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. DigiPlus Interactive Corp has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
DigiPlus Interactive's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is
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.
DigiPlus Interactive has a Z-score of 11.08, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 11.08 is strong.
* 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.
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.
DigiPlus Interactive has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
DigiPlus Interactive Financial Strength Related Terms
Thank you for viewing the detailed overview of DigiPlus Interactive's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
DigiPlus Interactive Corp is engaged in the business of leisure. The company operates in four segments: The network and license segment's primary activity is the licensing of operators engaged in interactive gaming, as well as the establishment and setup of all the gaming infrastructures required in connection with the development, operation, and conduct of internet server, telecommunication network, gaming enterprises, and other systems facilities. The casino group is involved in arcade leasing. The retail segment which generates key revenue consists of venues providing amusements and recreation facilities. The property segment includes integrated resort operators and investment.
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