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Star Vault AB (Star Vault AB) Financial Strength : 9 (As of Dec. 2023)


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What is Star Vault AB Financial Strength?

Star Vault AB has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Star Vault AB shows strong financial strength.

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.

Star Vault AB has no long-term debt (1). Star Vault AB's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Star Vault AB's Altman Z-Score is 7.46.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Star Vault AB's Financial Strength

For the Electronic Gaming & Multimedia subindustry, Star Vault AB'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.


Star Vault AB's Financial Strength Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Star Vault AB's Financial Strength distribution charts can be found below:

* The bar in red indicates where Star Vault AB's Financial Strength falls into.



Star Vault AB 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:

Star Vault AB's Interest Expense for the months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Star Vault AB's Interest Coverage for the quarter that ended in Dec. 2023 is

Star Vault AB 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.

Star Vault AB's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0.648
=0.00

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.

Star Vault AB has a Z-score of 7.46, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 7.46 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.


Star Vault AB  (OTCPK:SRVTF) 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.

Star Vault AB has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Star Vault AB Financial Strength Related Terms

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Star Vault AB (Star Vault AB) Business Description

Traded in Other Exchanges
Address
Drottninggatan 38, Malmo, SWE, 211 41
Star Vault AB operates as a game developer in Sweden. It offers Mortal Online, an online game that is a massively multiplayer online role playing game and Kitten'd which is casual VR game for PC and Sony Playstation.

Star Vault AB (Star Vault AB) Headlines

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