VTMB (Vitamin Blue) Financial Strength: 0 (As of Sep. 2013)

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What is Vitamin Blue Financial Strength?

Vitamin Blue has the Financial Strength Rank of 0.

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.

Vitamin Blue did not have earnings to cover the interest expense. Vitamin Blue's debt to revenue ratio for the quarter that ended in Sep. 2013 was 1.56. As of today, Vitamin Blue's Altman Z-Score is 0.00.


Vitamin Blue  (OTCPK:VTMB) 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.

Vitamin Blue has the Financial Strength Rank of 0.


Vitamin Blue Financial Strength Related Terms


VTMB vs GBBT, BWMG, SCRH: Financial Strength Comparison

For the Leisure subindustry, Vitamin Blue'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.


Vitamin Blue Financial Strength vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vitamin Blue's Financial Strength distribution charts can be found below:

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



Vitamin Blue 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:

Vitamin Blue's Interest Expense for the months ended in Sep. 2013 was $-0.02 Mil. Its Operating Income for the months ended in Sep. 2013 was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.00 Mil.

Vitamin Blue's Interest Coverage for the quarter that ended in Sep. 2013 is

Vitamin Blue 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.

Vitamin Blue's Debt to Revenue Ratio for the quarter that ended in Sep. 2013 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2013 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.299 + 0) / 0.192
=1.56

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.

Vitamin Blue 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.


Vitamin Blue Business Description

Address 1005 West 18th Street, Costa Mesa, CA, USA, 92627
Vitamin Blue Inc is an innovative water boardsports company based in Costa Mesa, California. It designs, manufactures and distributes water boardsports wear (boardshorts and t-shirts) and accessories (board bags, paddle bags and rack pads). The company is focused on becoming a water boardsports brand of long-term excellence through its commitment to exceeding its customers' expectations by producing products of the highest quality and athletic performance. It is an authentic source for unique, functional and diverse water boardsports products.