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Calix Financial Strength

: 9 (As of Jun. 2022)
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Calix has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

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

GuruFocus does not calculate Calix's interest coverage with the available data. Calix's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.02. As of today, Calix's Altman Z-Score is 13.42.


Competitive Comparison

For the Software - Application subindustry, Calix'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.

   

Calix Financial Strength Distribution

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

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



Calix 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:

Calix'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 $9.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $10.6 Mil.

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

GuruFocus does not calculate Calix'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. Calix Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

Calix'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
=(3.822 + 10.584) / 808.168
=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.

Calix has a Z-score of 13.42, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 13.42 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.


Calix  (NYSE:CALX) 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.

Calix has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Calix Financial Strength Related Terms

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


Calix Business Description

Calix logo
Traded in Other Exchanges
Address
2777 Orchard Parkway, San Jose, CA, USA, 95134
Calix cloud and software platforms enable service providers of all types and sizes to innovate and transform. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. This is the Calix mission; to enable communications service providers of all sizes to simplify, excite and grow.
Executives
Collins John Matthew officer: EVP, Commercial Operations C/O CALIX, INC. 2777 ORCHARD PARKWAY SAN JOSE CA 95134
Eleniak Shane Todd Marshall officer: EVP, Products C/O CALIX, INC. 2777 ORCHARD PARKWAY SAN JOSE CA 95134
Plants J Daniel director 600 MONTGOMERY STREET SUITE 210 SAN FRANCISCO CA 94111
Crusco Kathleen M director C/O CALIX, INC. 1035 N. MCDOWELL BLVD PETALUMA CA 94954
Makagon Kira director C/O RINGCENTRAL, INC. 1400 FASHION ISLAND BLVD, 7TH FLOOR SAN MATEO CA 94404
Sindelar Cory officer: interim CFO & PFO C/O LEGATO SYSTEMS INC 2350 W EL CAMINO REAL MOUNTAIN VIEW CA 94040
Billings Gregory A. officer: SVP, Services 1035 N MCDOWELL BLVD PETALUMA X1 94954
Weening Michael officer: EVP, Global Sales 1035 N. MCDOWELL BLVD PETALUMA CA 94954-1173
Cheung Sheila officer: VP, Finance & Accounting 100 HEADQUARTERS DR SAN JOSE CA 95134
Peters Kevin Robert director 85 ROCKWOOD ROAD FLORHAM PARK NJ 07932
Bradaran Mehdi officer: SVP, Product Operations 4924 KINSINGTON COUORT SANTA ROSA CA 95405
Langlois Michel officer: Senior VP, Systems Products 1110 VINTAGE COURT SAN MARTIN CA 95046
Bowick Christopher J director 1400 LAKE HEARN DR ATLANTA GA 30319
Atkins William J officer: Executive VP and CFO 591 SPRUCE STREET SAN FRANCISCO CA 94118
Calix, Inc director, 10 percent owner, officer: President and CEO 2777 ORCHARD PARKWAY SAN JOSE CA 95134

Calix Headlines

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