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SailPoint Technologies Holdings (SailPoint Technologies Holdings) Financial Strength : 5 (As of Jun. 2022)


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What is SailPoint Technologies Holdings Financial Strength?

SailPoint Technologies Holdings has the Financial Strength Rank of 5.

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.

SailPoint Technologies Holdings did not have earnings to cover the interest expense. SailPoint Technologies Holdings's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.77. As of today, SailPoint Technologies Holdings's Altman Z-Score is 0.00.


Competitive Comparison of SailPoint Technologies Holdings's Financial Strength

For the Software - Infrastructure subindustry, SailPoint Technologies Holdings'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.


SailPoint Technologies Holdings's Financial Strength Distribution in the Software Industry

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

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



SailPoint Technologies Holdings 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:

SailPoint Technologies Holdings's Interest Expense for the months ended in Jun. 2022 was $-0.6 Mil. Its Operating Income for the months ended in Jun. 2022 was $-26.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $28.3 Mil.

SailPoint Technologies Holdings's Interest Coverage for the quarter that ended in Jun. 2022 is

SailPoint Technologies Holdings 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.

SailPoint Technologies Holdings'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
=(386.028 + 28.259) / 537.132
=0.77

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.

SailPoint Technologies Holdings 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.


SailPoint Technologies Holdings  (NYSE:SAIL) 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.

SailPoint Technologies Holdings has the Financial Strength Rank of 5.


SailPoint Technologies Holdings Financial Strength Related Terms

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


SailPoint Technologies Holdings (SailPoint Technologies Holdings) Business Description

Traded in Other Exchanges
N/A
Address
11120 Four Points Drive, Suite 100, Austin, TX, USA, 78726
SailPoint Technologies Holdings Inc is an us-based company that acts as a provider of enterprise identity governance solutions. It mainly designs, develops, and markets identity governance software that helps organizations govern user access to critical systems and data. The company offers on-premises software and cloud-based solutions, which provide organizations with the intelligence required to empower users and govern their access to applications and data across hybrid IT (Information Technology) environments, whether comprised of on-premises, cloud or mobile applications. The company markets its products and services throughout North America, Europe, and the Asia Pacific regions. Most of the company's revenue comes from the United States.
Executives
Healy Colleen officer: CFO 11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Christopher Schmitt officer: General Counsel and Secretary 11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
Matt Mills officer: Chief Revenue Officer 11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
Tracey Newell director 4750 WILLOW ROAD, PLEASANTON CA 94588
Grady Summers officer: EVP, Solutions and Technology 1440 MCCARTHY BLVD, MILPITAS CA 95035
William G Bock director 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Mark D. Mcclain director, officer: CEO and President C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC 11120 FOUR POINTS DRIVE, SUITE 100 AUSTIN TX 78726
Eric Domagalski officer: Chief Accounting Officer 11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
James Cameron Mcmartin officer: CFO and Treasurer C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC, 11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Heidi M Melin director C/O TALEO CORPORATION 4140 DUBLIN BOULEVARD, SUITE 400 DUBLIN CA 94568
Ronald J Green director 11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
Michael J Sullivan director C/O DAVIS POLK & WARDWELL 450 LEXINGTON AVENUE NEW YORK NY 10017
Sudhakar Ramakrishna director 4750 WILLOW RD., PLEASANTON CA 94588
Jason Ream officer: Chief Financial Officer C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Juliette Rizkallah officer: Chief Marketing Officer C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC 11120 FOUR POINTS DRIVE, SUITE 100 AUSTIN TX 78726

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