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UMT United Mobility Technology AG (STU:UMDK) Financial Strength : 8 (As of Jun. 2023)


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What is UMT United Mobility Technology AG Financial Strength?

UMT United Mobility Technology AG has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

UMT United Mobility Technology AG 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.

UMT United Mobility Technology AG did not have earnings to cover the interest expense. UMT United Mobility Technology AG's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.00. As of today, UMT United Mobility Technology AG's Altman Z-Score is 0.12.


Competitive Comparison of UMT United Mobility Technology AG's Financial Strength

For the Software - Infrastructure subindustry, UMT United Mobility Technology AG'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.


UMT United Mobility Technology AG's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, UMT United Mobility Technology AG's Financial Strength distribution charts can be found below:

* The bar in red indicates where UMT United Mobility Technology AG's Financial Strength falls into.



UMT United Mobility Technology AG 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:

UMT United Mobility Technology AG's Interest Expense for the months ended in Jun. 2023 was €-0.01 Mil. Its Operating Income for the months ended in Jun. 2023 was €-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil.

UMT United Mobility Technology AG's Interest Coverage for the quarter that ended in Jun. 2023 is

UMT United Mobility Technology AG 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.

UMT United Mobility Technology AG's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0.04
=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.

UMT United Mobility Technology AG has a Z-score of 0.12, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.12 is in distress zone. This implies bankruptcy 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.


UMT United Mobility Technology AG  (STU:UMDK) 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.

UMT United Mobility Technology AG has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


UMT United Mobility Technology AG Financial Strength Related Terms

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UMT United Mobility Technology AG (STU:UMDK) Business Description

Traded in Other Exchanges
Address
Brienner Strasse 7, Munich, BY, DEU, 80333
UMT United Mobility Technology AG offers service and solutions for mobile and electronic payment systems and in the field of data analytics. It focuses on industries and companies that are future-oriented and crisis-resistant, as well as have a low degree of digitization in the B2B and B2C sectors. It serves Hotel, infrastructure, automotive, passenger transport, mobile phone service providers and other industries. The company offers solutions especially for large-scale customers such as PAYBACK app. Geographically all the activities are functioned through the region of Germany.

UMT United Mobility Technology AG (STU:UMDK) Headlines

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