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Alkami Technology has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Alkami Technology Inc 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.Alkami Technology did not have earnings to cover the interest expense. Alkami Technology's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.06. As of today, Alkami Technology's Altman Z-Score is 19.45.
For the Software - Application subindustry, Alkami Technology'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.
For the Software industry and Technology sector, Alkami Technology's Financial Strength distribution charts can be found below:
* The bar in red indicates where Alkami Technology's Financial Strength falls into.
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:
Alkami Technology's Interest Expense for the months ended in Mar. 2024 was $-0.1 Mil. Its Operating Income for the months ended in Mar. 2024 was $-12.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $18.1 Mil.
Alkami Technology's Interest Coverage for the quarter that ended in Mar. 2024 is
Alkami Technology 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.
Alkami Technology's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
Debt to Revenue Ratio | = | Total Debt (Q: Mar. 2024 ) | / | Revenue | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Revenue | |
= | (1.242 | + | 18.065) | / | 304.508 | |
= | 0.06 |
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.
Alkami Technology has a Z-score of 19.45, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 19.45 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.
Alkami Technology (NAS:ALKT) 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.
Alkami Technology has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Thank you for viewing the detailed overview of Alkami Technology's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
W Bryan Hill | officer: Chief Financial Officer | |
Douglas A. Linebarger | officer: Chief Legal Officer | C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024 |
Stephen Bohanon | officer: Chf. Strategist & Sales Offr. | C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024 |
Maria Ines Alvarez | director | C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024 |
Michael D Hansen | director, officer: Chief Executive Officer | |
Kristy Ramundi | officer: Chief Accounting Officer | C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024 |
Alex Shootman | director, officer: Chief Executive Officer | 1301 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746 |
Barbara A. Yastine | director | 3120 BRECKINRIDGE BLVD., DULUTH GA 30099 |
Raphael Osnoss | director | C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024 |
Gary Lynn Nelson | director | C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024 |
H Eugene Lockhart | director | OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947 |
Charles Kane | director | 289 TURNPIKE RD, WESTBORO MA 01581 |
Christopher Todd Clark | director | 3250 BRIAR PARK, SUITE 400, HOUSTON TX 77042 |
Merline Saintil | director | 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362 |
Steven R Mitchell | director | C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532 |
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