GURUFOCUS.COM » STOCK LIST » Technology » Software » Wirecard AG (OTCPK:WRCDF) » Definitions » Financial Strength
中文

Wirecard AG (Wirecard AG) Financial Strength : 0 (As of Sep. 2019)


View and export this data going back to 2008. Start your Free Trial

What is Wirecard AG Financial Strength?

Wirecard AG 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.

Wirecard AG's Interest Coverage for the quarter that ended in Sep. 2019 was 10.79. Wirecard AG's debt to revenue ratio for the quarter that ended in Sep. 2019 was 0.63. As of today, Wirecard AG's Altman Z-Score is 0.00.


Competitive Comparison of Wirecard AG's Financial Strength

For the Software - Application subindustry, Wirecard AG'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.


Wirecard AG's Financial Strength Distribution in the Software Industry

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

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



Wirecard AG 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:

Wirecard AG's Interest Expense for the months ended in Sep. 2019 was $-19 Mil. Its Operating Income for the months ended in Sep. 2019 was $210 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $1,871 Mil.

Wirecard AG's Interest Coverage for the quarter that ended in Sep. 2019 is

Interest Coverage=-1*Operating Income (Q: Sep. 2019 )/Interest Expense (Q: Sep. 2019 )
=-1*210.352/-19.493
=10.79

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

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

Wirecard AG's Debt to Revenue Ratio for the quarter that ended in Sep. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(170.595 + 1871.476) / 3222.468
=0.63

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.

Wirecard AG 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.


Wirecard AG  (OTCPK:WRCDF) 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.

Wirecard AG has the Financial Strength Rank of 0.


Wirecard AG Financial Strength Related Terms

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


Wirecard AG (Wirecard AG) Business Description

Traded in Other Exchanges
N/A
Address
Einsteinring 35, Aschheim, DEU, 85609
Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.

Wirecard AG (Wirecard AG) Headlines

From GuruFocus

Successful Sale of Wirecard North America

By ACCESSWIRE ACCESSWIRE 10-23-2020