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Brightcove Financial Strength

: 6 (As of Jun. 2022)
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Brightcove has the Financial Strength Rank of 6.

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 Brightcove's interest coverage with the available data. Brightcove's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.11. As of today, Brightcove's Altman Z-Score is 0.93.


Competitive Comparison

For the Software - Application subindustry, Brightcove'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.

   

Brightcove Financial Strength Distribution

For the Software industry and Technology sector, Brightcove's Financial Strength distribution charts can be found below:

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



Brightcove 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:

Brightcove's Interest Expense for the months ended in Jun. 2022 was $0.0 Mil. Its Operating Income for the months ended in Jun. 2022 was $0.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $21.0 Mil.

Brightcove's Interest Coverage for the quarter that ended in Jun. 2022 is

GuruFocus does not calculate Brightcove'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.

Brightcove's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.595 + 20.97) / 217.788
=0.11

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.

Brightcove has a Z-score of 0.93, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.93 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.


Brightcove  (NAS:BCOV) 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.

Brightcove has the Financial Strength Rank of 6.


Brightcove Financial Strength Related Terms

Thank you for viewing the detailed overview of Brightcove's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Brightcove Business Description

Brightcove logo
Traded in Other Exchanges
Address
290 Congress Street, 4th Floor, Boston, MA, USA, 02210
Brightcove Inc is a provider of cloud-based services for the video ecosystem. The firm targets its solutions at media companies, broadcasters, publishers, and corporations. Brightcove Video Cloud is the firm's flagship product, enabling customers to publish and distribute video to Internet-connected devices. Video Cloud generates a significant portion of the firm's revenue through a subscription-based software-as-a-service model. Other products include Zencoder, a cloud-based video encoding service. It generates a large majority of its revenue in North America and Asia.
Executives
Debevoise Marc director, officer: Chief Executive Officer LIMELIGHT NETWORKS 222 SOUTH MILL AVENUE, #800 TEMPE AZ 85281
Brolin Jonathan 10 percent owner 2 DEPOT PLAZA 4TH FLOOR BEDFORD HILLS NY 10507
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE SUITE 202 MT. KISCO NY 10549
Neeley Tsedal director BRIGHTCOVE INC. 290 CONGRESS STREET BOSTON MA 02210
Ranjan Ritcha director BRIGHTCOVE INC. 290 CONGRESS STREET BOSTON MA 02210
Noreck Robert officer: Chief Financial Officer C/O BRIGHTCOVE INC. 290 CONGRESS STREET BOSTON MA 02210
Ray Jeff director, officer: Chief Executive Officer C/O BRIGHTCOVE INC. 290 CONGRESS STREET BOSTON MA 02210
Frank Kristin E. director C/O GAIAM, INC. 833 WEST SOUTH BOULDER ROAD LOUISVILLE CO 80027
Wheeler Thomas E director 1250 CONNECTICUT AVE NW CELLULAR TELECOMMUNICATIONS& INTERNET WASHINGTON DC 20036
Plotkin David officer: General Counsel, SVP BRIGHTCOVE INC. 390 CONGRESS STEET BOSTON MA 02210
Hessan Diane director 2 BATTERY WHARF #2510 BOSTON MA 02109
Rhodes Kevin R officer: CHIEF FINANCIAL OFFICER 20 HARVARD MILLS SQUARE WAKEFIELD MA 01880
Harrar Derek director 290 CONGRESS STREET 4TH FLOOR BOSTON MA 02210
Kapoor Chet director BRIGHTCOVE INC. 290 CONGRESS STREET BOSTON MA 02210
Orfao David J director C/O GENERAL CATALYST PARTNERS 20 UNIVERSITY RD., 4TH FLOOR CAMBRIDGE MA 02138

Brightcove Headlines

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