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Vicor Financial Strength

: 8 (As of Jun. 2022)
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Vicor has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Vicor Corp 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.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Vicor's interest coverage with the available data. Vicor's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.02. As of today, Vicor's Altman Z-Score is 33.97.


Competitive Comparison

For the Electronic Components subindustry, Vicor'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.

   

Vicor Financial Strength Distribution

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

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



Vicor 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:

Vicor'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 $11.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $8.0 Mil.

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

GuruFocus does not calculate Vicor's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Vicor Corp has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

Vicor'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
=(1.572 + 7.952) / 408.744
=0.02

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.

Vicor has a Z-score of 33.97, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 33.97 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.


Vicor  (NAS:VICR) 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.

Vicor has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Vicor Financial Strength Related Terms

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


Vicor Business Description

Vicor logo
Traded in Other Exchanges
Address
25 Frontage Road, Andover, MA, USA, 01810
Vicor Corp manufactures and markets modular power components and complete power systems. It provides modular power converters and configurable products, advanced power component products and integrated circuits and related products. Its products include Converters, Power Systems, Filters, Custom Power Systems, Input Modules, and others. Geographically, it derives a majority of revenue from the Asia Pacific.
Executives
Fendelet Quentin A. officer: Corp. VP-CAO 25 FRONTAGE RD. ANDOVER MA 01810
Schmidt James F officer: CFO, Treasurer, Secretary 25 FRONTAGE RD. ANDOVER MA 01810
D'amico Andrew director 25 FRONTAGE RD. ANDOVER MA 01810
Doyle Alvaro officer: VP and CIO 25 FRONTAGE RD. ANDOVER MA 01810
Russell Robert F other: VP-Product Marketing 25 FRONTAGE RD. ANDOVER MA 01810
Jeffery Joseph A officer: VP-Chief Information Officer 25 FRONTAGE RD. ANDOVER MA 01810
Nagel Richard J Jr officer: VP-Chief Accounting Officer 25 FRONTAGE ROAD ANDOVER MA 01810
Grava Nancy L officer: VP-Human Resources 25 FRONTAGE RD. ANDOVER MA 01810
Carlson Jason director
Kelleher Barry director 25 FRONTAGE ROAD ANDOVER MA 01810
Henderson H Allen director 25 FRONTAGE ROAD ANDOVER MA 01810
Anderson Samuel J director 25 FRONTAGE ROAD ANDOVER MA 01810
Eichten Estia J director 25 FRONTAGE ROAD ANDOVER MA 01810
Simms James A director, officer: CFO and Secretary 8383 SENECA TURNPIKE NEW HARTFORD NY 13413
Gendron Robert officer: Corp. VP Marketing 25 FRONTAGE RD. ANDOVER MA 01810

Vicor Headlines

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