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SmartMetric (SmartMetric) Financial Strength : 0 (As of Mar. 2024)


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What is SmartMetric Financial Strength?

SmartMetric 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.

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


Competitive Comparison of SmartMetric's Financial Strength

For the Software - Infrastructure subindustry, SmartMetric'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.


SmartMetric's Financial Strength Distribution in the Software Industry

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

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



SmartMetric 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:

SmartMetric's Interest Expense for the months ended in Mar. 2024 was $-0.02 Mil. Its Operating Income for the months ended in Mar. 2024 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

SmartMetric's Interest Coverage for the quarter that ended in Mar. 2024 is

SmartMetric 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.

SmartMetric's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.357 + 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.

SmartMetric 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.


SmartMetric  (OTCPK:SMME) 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.

SmartMetric has the Financial Strength Rank of 0.


SmartMetric Financial Strength Related Terms

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


SmartMetric (SmartMetric) Business Description

Traded in Other Exchanges
N/A
Address
3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89109
SmartMetric Inc is engaged in the technology industry. It holds the license to biometric smart card technology. The company has developed a fingerprint sensor-activated payment card and a security card with a finger sensor and a fully functional fingerprint reader embedded inside the card. The cards have a rechargeable battery allowing for portable biometric identification and card activation. Its product offerings include Touch & Pay card, Smart Security card, Smart Identity card, Smart health records card, and smart driver's license.
Executives
Elizabeth Ryba director 78 BROWN ROAD, SCARSDALE NY 10583
Hendrick Colin director, 10 percent owner, officer: President and CEO 9195 COLLINS AVENUE, #302, SURFSIDE FL 33154
Jay Needleman officer: Chief Financial Officer 520 WEST 47TH STREET, MIAMI BEACH FL 33140
Peter Sleep director, officer: Secretary 3 BERNADETTE COURT, EAST DONCASTER C3 3109
Joseph Katzman director 790 MONTGOMERY STREET, BROOKLYN NY 11213

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