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Presidio (Presidio) Financial Strength : 0 (As of Sep. 2019)


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What is Presidio Financial Strength?

Presidio 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.

Presidio's Interest Coverage for the quarter that ended in Sep. 2019 was 3.84. Presidio's debt to revenue ratio for the quarter that ended in Sep. 2019 was 0.24. As of today, Presidio's Altman Z-Score is 0.00.


Competitive Comparison of Presidio's Financial Strength

For the Information Technology Services subindustry, Presidio'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.


Presidio's Financial Strength Distribution in the Software Industry

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

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



Presidio 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:

Presidio's Interest Expense for the months ended in Sep. 2019 was $-12 Mil. Its Operating Income for the months ended in Sep. 2019 was $45 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $725 Mil.

Presidio'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*44.5/-11.6
=3.84

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

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

Presidio'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
=(9.6 + 724.6) / 3088
=0.24

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.

Presidio 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.


Presidio  (NAS:PSDO) 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.

Presidio has the Financial Strength Rank of 0.


Presidio Financial Strength Related Terms

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


Presidio (Presidio) Business Description

Traded in Other Exchanges
N/A
Address
One Penn Plaza, Suite 2832, New York, NY, USA, 10119
Presidio Inc is an information technology company based in the United States. Its services are rendered through three divisions, Digital Infrastructure, Cloud and Security solutions. Its solutions include advanced networking, IoT, data analytics, data center modernization, hybrid and multi-cloud, cyber risk management and enterprise mobility.
Executives
Pankaj Patel director 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Management Holdings, L.p. 10 percent owner 9 W. 57TH STREET, NEW YORK NY 10019
Apollo Management, L.p. 10 percent owner 2 MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Apollo Management Gp, Llc 10 percent owner TWO MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Aif Viii Management, Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Management Viii, L.p. 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Giovanni Visentin director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Matt Nord director C/O APOLLO MANAGEMENT, L.P., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Paul D Fletcher officer: See Remarks