What is Live Ventures Financial Strength?
Live Ventures has the Financial Strength Rank of 4.
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.
Live Ventures's Interest Coverage for the quarter that ended in Dec. 2023 was 0.85.
Live Ventures's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.54.
As of today, Live Ventures's Altman Z-Score is 1.52.
Competitive Comparison of Live Ventures's Financial Strength
For the Home Improvement Retail subindustry, Live Ventures'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.
Live Ventures's Financial Strength Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Live Ventures's Financial Strength distribution charts can be found below:
* The bar in red indicates where Live Ventures's Financial Strength falls into.
Live Ventures 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:
Live Ventures's Interest Expense for the
months ended in Dec. 2023 was $-4.2 Mil. Its Operating Income for the
months ended in Dec. 2023 was $3.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $216.2 Mil.
Live Ventures's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Live Ventures's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
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.
Live Ventures has a Z-score of 1.52, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.52 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.
Live Ventures (Live Ventures) Business Description
Traded in Other Exchanges
Address
325 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119
Live Ventures Inc is a holding company for diversified businesses. It is focused on acquiring and operating profitable companies in various industries. The company operates in the business segments of Retail, which includes direct sales of entertainment and appliance products and services, Flooring Manufacturing, Steel Manufacturing, which includes the sale of steel plates, ground flat stock, and drill rods, and Corporate and Other. It derives key revenue from the Flooring Manufacturing segment which includes the manufacturing of carpets and rugs, yarn products, as well as a reseller of hard surface flooring products. Geographically the activities are carried out throughout the United States.
Executives
| John Isaac |
director, 10 percent owner |
501 W. BROADWAY, SUITE A212, SAN DIEGO CA 92101 |
| Dennis Gao |
director |
325 E. WARM SPRINGS ROAD, SUITE 102, LAS VEGAS NV 89119 |
| David Lee Verret |
officer: Chief Accounting Officer |
5900 COPPER CANYON DR., THE COLONY TX 75056 |
| Michael Jason Stein |
officer: Sr. VP, General Counsel |
325 E WARM SPRINGS ROAD, LAS VEGAS NV 89119 |
| Rodney Dale Spriggs |
officer: CEO, Vintage Stock, Inc. |
3703 RED FOX RUN, JOPLIN MO 64804 |
| Eric Adam Althofer |
officer: COO |
7707 DEERFIELD MANOR DR, CHARLOTTE NC 28270 |
| Thomas Robert Sedlak |
officer: CEO Precision Industries, Inc. |
87 PORTER HILL ROAD, WASHINGTON PA 15301 |
| Godfrey Weston A Jr |
officer: CEO, Marquis Industries, Inc. |
PO BOX 1308, CHATSWORTH GA 30705 |
| Virland A Johnson |
officer: Chief Financial Officer |
20488 N 86 LANE, PEORIA AZ 85382 |
| Richard Butler |
director |
4840 EAST JASMINE ST., SUITE 105, MESA AZ 85205 |
| Tyler Sickmeyer |
director |
1440 HOTEL CIRCLE NORTH, #423, SAN DIEGO CA 92108 |
| Isaac Capital Group, Llc |
10 percent owner |
501 W. BROADWAY, #A212, SAN DIEGO CA 92101 |
| Clarke Thomas J Jr |
director |
11534 VILLA VASARI, PALM BEACH GARDENS FL 33418 |
| Antonios Isaac |
director |
3525 DEL MAR HEIGHTS RD., #765, SAN DIEGO CA 92130 |
| John Kocmur |
director, 10 percent owner |
2490 EAST SUNSET ROAD, SUITE 100, LAS VEGAS NV 89120 |
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