GURUFOCUS.COM » STOCK LIST » Technology » Software » ForeScout Technologies Inc (NAS:FSCT) » Definitions » Financial Strength

ForeScout Technologies (ForeScout Technologies) Financial Strength : 0 (As of Jun. 2020)


View and export this data going back to 2017. Start your Free Trial

What is ForeScout Technologies Financial Strength?

ForeScout Technologies has the Financial Strength Rank of 0.

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.

ForeScout Technologies did not have earnings to cover the interest expense. ForeScout Technologies's debt to revenue ratio for the quarter that ended in Jun. 2020 was 0.12. As of today, ForeScout Technologies's Altman Z-Score is 0.00.


Competitive Comparison of ForeScout Technologies's Financial Strength

For the Software - Application subindustry, ForeScout Technologies'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.


ForeScout Technologies's Financial Strength Distribution in the Software Industry

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

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



ForeScout Technologies 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:

ForeScout Technologies's Interest Expense for the months ended in Jun. 2020 was $-0.1 Mil. Its Operating Income for the months ended in Jun. 2020 was $-21.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $29.2 Mil.

ForeScout Technologies's Interest Coverage for the quarter that ended in Jun. 2020 is

ForeScout Technologies 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.

ForeScout Technologies's Debt to Revenue Ratio for the quarter that ended in Jun. 2020 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2020 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(10.362 + 29.211) / 319.504
=0.12

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.

ForeScout Technologies 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.


ForeScout Technologies  (NAS:FSCT) 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.

ForeScout Technologies has the Financial Strength Rank of 0.


ForeScout Technologies Financial Strength Related Terms

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


ForeScout Technologies (ForeScout Technologies) Business Description

Traded in Other Exchanges
N/A
Address
190 West Tasman Drive, San Jose, CA, USA, 95134
ForeScout Technologies Inc is a US-based company that provides an agentless approach to network security to address the growth of mobile computing, IoT (Internet of Things) and cloud computing. The company provides solutions that provide the ability to see devices, including non-traditional devices, and connects to the network and enforce policy-based control of these devices. The product line of the company includes CounterACT, Extended Modules, Enterprise Manager, IoT, and others. The majority of the company's revenue comes from the United States.
Executives
Enrique T Salem director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Mark Edwin Jensen director 6303 SNOWBERRY LANE, NIWOT CO 80503
Ranzetta Theresia Gouw director 428 UNIVERSITY AVE, PALO ALTO CA 94301
Darren J. Milliken officer: SVP, GC & Corp Compliance Ofcr 190 WEST TASMAN DRIVE, SAN JOSE CA 95134
Kathleen D. Mcelligott director MCKESSON CORPORATION, 6555 NORTH STATE HWY 161, IRVING TX 75039
David G Dewalt director
Elizabeth Hackenson director C/O MCI, 22001 LOUDOUN COUNTY PARKWAY, AXBURN VA 20147
James A Beer director MCKESSON CORPORATION, ONE POST STREET, SAN FRANCISCO CA 94104
Gregory S. Clark director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Nicholas R Noviello officer: Chief Operating Officer 495 E JAVA DRIVE, SUNNYVALE CA 94089
Keith A. Meister director C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Meritech Management Associates Ii L.l.c. 10 percent owner 245 LYTTON AVENUE, SUITE 350, PALO ALTO CA 94301
Meritech Capital Associates Ii L.l.c. 10 percent owner 245 LYTTON AVENUE, SUITE 125, PALO ALTO CA 94301
Meritech Capital Affiliates Ii Lp 10 percent owner 245 LYTTON AVENUE, SUITE 350, PALO ALTO CA 94301
James R Swartz 10 percent owner P O BOX 2816, PARK CIRY UT 84060

ForeScout Technologies (ForeScout Technologies) Headlines

From GuruFocus

Forescout Advances Industrial IoT and OT Security

By Marketwired Marketwired 11-11-2020

Forescout Enhances Cyber Resilience for the Maritime Industry

By Marketwired Marketwired 05-03-2021