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Umax Group (Umax Group) Financial Strength : 0 (As of Apr. 2018)


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What is Umax Group Financial Strength?

Umax Group 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.

GuruFocus does not calculate Umax Group's interest coverage with the available data. Umax Group's debt to revenue ratio for the quarter that ended in Apr. 2018 was 23.25. As of today, Umax Group's Altman Z-Score is 0.00.


Competitive Comparison of Umax Group's Financial Strength

For the Entertainment subindustry, Umax Group'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.


Umax Group's Financial Strength Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Umax Group's Financial Strength distribution charts can be found below:

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



Umax Group 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:

Umax Group's Interest Expense for the months ended in Apr. 2018 was $0.00 Mil. Its Operating Income for the months ended in Apr. 2018 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2018 was $0.09 Mil.

Umax Group's Interest Coverage for the quarter that ended in Apr. 2018 is

GuruFocus does not calculate Umax Group'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.

Umax Group's Debt to Revenue Ratio for the quarter that ended in Apr. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Apr. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0.093) / 0.004
=23.25

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.

Umax Group 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.


Umax Group  (OTCPK:UMAX) 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.

Umax Group has the Financial Strength Rank of 0.


Umax Group Financial Strength Related Terms

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Umax Group (Umax Group) Business Description

Traded in Other Exchanges
N/A
Address
2020 Bay Street, Los Angeles, CA, USA, 90012
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.