GURUFOCUS.COM » STOCK LIST » USA » NAS » Everbridge Inc (NAS:EVBG) » Definitions » Financial Strength
Switch to:

Everbridge Financial Strength

: 3 (As of Jun. 2022)
View and export this data going back to 2016. Start your Free Trial

Everbridge has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Everbridge Inc displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

Everbridge did not have earnings to cover the interest expense. Everbridge's debt to revenue ratio for the quarter that ended in Jun. 2022 was 1.97. As of today, Everbridge's Altman Z-Score is 0.75.


Competitive Comparison

For the Software - Application subindustry, Everbridge'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.

   

Everbridge Financial Strength Distribution

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

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



Everbridge 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:

Everbridge's Interest Expense for the months ended in Jun. 2022 was $-1.3 Mil. Its Operating Income for the months ended in Jun. 2022 was $-29.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $810.9 Mil.

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

Everbridge 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.

Everbridge'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
=(0.008 + 810.855) / 411.944
=1.97

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.

Everbridge has a Z-score of 0.75, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.75 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.


Everbridge  (NAS:EVBG) 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.

Everbridge has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Everbridge Financial Strength Related Terms

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


Everbridge Business Description

Everbridge logo
Traded in Other Exchanges
Address
25 Corporate Drive, Suite 400, Burlington, MA, USA, 01803
Everbridge Inc is a software company that provides enterprise software applications that automate and accelerate organizations' operational response to critical events to keep people safe and businesses running. During public safety threats such as active shooter situations, terrorist attacks, severe weather conditions or a pandemic, the firm's SaaS-based platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, and automate the execution of pre-defined communications processes and track progress on executing response plans. It serves various industries such as technology, energy, financial services, healthcare, manufacturing, media, retail, and professional services. Geographically, the firm generates key revenue from the U.S.
Executives
Paris Simon director C/O EVERBRIDGE, INC. 25 CORPORATE DRIVE, 4TH FLOOR BURLINGTON MA 01803
Nigam Ajay officer: Chief Product Officer C/O EVERBRIDGE, INC. 25 CORPORATE DRIVE BURLINGTON MA 01803
Irvin Vernon officer: EVP, Chief Revenue Officer C/O EVERBRIDGE, INC. 25 CORPORATE DRIVE BURLINGTON MA 02108
Meredit David Alexander officer: Chief Executive Officer C/O EVERBRIDGE, INC. 25 CORPORATE DRIVE BURLINGTON MA 01803
Brickley Patrick officer: SVP, Chief Financial Officer C/O EVERBRIDGE, INC. 25 CORPORATE DRIVE BURLINGTON MA 01803
Rowlands Sharon T director 195 BROADWAY NEW YORK NY 10007
Huff Phillip E officer: VP, Chief Accounting Officer C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE BURLINGTON MA 01803
Dean Alison director C/O IROBOT CORPORATION 63 SOUTH AVENUE BURLINGTON MA 01803
Totton James officer: EVP, Product Mgmt, Eng & Ops C/O EVERBRIDGE, INC. 25 CORPORATE DRIVE BURLINGTON MA 01803
Calvert Capital V L.l.c. 10 percent owner C/O EVERBRIDGE, INC. 25 CORPORATE DRIVE, SUITE 400 BURLINGTON MA 01803
Burgess R William Jr 10 percent owner 950 WINTER STREET WALTHAM MA 02451
Abs Ventures Ix L P 10 percent owner 950 WINTER STREET WALTHAM MA 02451
Grayson Bruns H director, 10 percent owner 950 WINTER STREET WALTHAM MA 02451
Hughes Robert W officer: President C/O AKAMAI TECHNOLOGIES, INC. 8 CAMBRIDGE CENTER CAMBRIDGE MA 02142
Colado Francisco Javier Fernandez officer: SVP, International Sales C/O EVERBRIDGE, INC. 25 CORPORATE DRIVE BURLINGTON MA 01803

Everbridge Headlines

From GuruFocus

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)