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Valuno Group AB (STU:QBT) Financial Strength : 7 (As of Sep. 2024)


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What is Valuno Group AB Financial Strength?

Valuno Group AB has the Financial Strength Rank of 7.

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.

GuruFocus does not calculate Valuno Group AB's interest coverage with the available data. Valuno Group AB's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.00. As of today, Valuno Group AB's Altman Z-Score is 9.58.


Competitive Comparison of Valuno Group AB's Financial Strength

For the Information Technology Services subindustry, Valuno Group 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.


Valuno Group AB's Financial Strength Distribution in the Software Industry

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

* The bar in red indicates where Valuno Group AB's Financial Strength falls into.



Valuno Group 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:

Valuno Group AB's Interest Expense for the months ended in Sep. 2024 was €0.0 Mil. Its Operating Income for the months ended in Sep. 2024 was €-0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.2 Mil.

Valuno Group AB's Interest Coverage for the quarter that ended in Sep. 2024 is

GuruFocus does not calculate Valuno Group AB's interest coverage with the available data.

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

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

Valuno Group AB's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0.2) / 302.8
=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.

Valuno Group AB has a Z-score of 9.58, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 9.58 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.


Valuno Group AB  (STU:QBT) 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.

Valuno Group AB has the Financial Strength Rank of 7.


Valuno Group AB Financial Strength Related Terms

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Valuno Group AB Business Description

Traded in Other Exchanges
Address
Sveavagen 31, Stockholm, SWE, 111 34
Valuno Group AB Formerly QuickBit eu AB is a Swedish fintech company. The company offers solutions for e-merchants to charge consumers in cryptocurrency and will launch solutions for people to easily use cryptocurrency in their everyday lives. The company also offers services to consumers with user-friendly secure solutions using Quickbit App and Quickbit Card.

Valuno Group AB Headlines

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