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Teladoc Health (NYSE:TDOC) Financial Strength

: 3 (As of Sep. 2022)
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Teladoc Health has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

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.

Teladoc Health did not have earnings to cover the interest expense. Teladoc Health's debt to revenue ratio for the quarter that ended in Sep. 2022 was 0.65. As of today, Teladoc Health's Altman Z-Score is -4.23.


Teladoc Health (NYSE:TDOC) Financial Strength Competitive Comparison

For the Health Information Services subindustry, Teladoc Health'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.

   

Teladoc Health (NYSE:TDOC) Financial Strength Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Teladoc Health's Financial Strength distribution charts can be found below:

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



Teladoc Health 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:

Teladoc Health's Interest Expense for the months ended in Sep. 2022 was $-1 Mil. Its Operating Income for the months ended in Sep. 2022 was $-70 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $1,576 Mil.

Teladoc Health's Interest Coverage for the quarter that ended in Sep. 2022 is

Teladoc Health 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.

Teladoc Health's Debt to Revenue Ratio for the quarter that ended in Sep. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(12.864 + 1575.528) / 2445.608
=0.65

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.

Teladoc Health has a Z-score of -4.23, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -4.23 is in distress zone. This implies bankruptcy 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.


Teladoc Health  (NYSE:TDOC) 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.

Teladoc Health has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Teladoc Health Financial Strength Related Terms

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


Teladoc Health (NYSE:TDOC) Business Description

Teladoc Health logo
Traded in Other Exchanges
Address
2 Manhattanville Road, Suite 203, Purchase, NY, USA, 10577
Teladoc Health is a virtual health provider with a telehealth platform delivering 24-hour, on-demand healthcare via mobile devices, the Internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. Its platform connects members with a network of physicians and behavioral health professionals. Most of the company's revenue is generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has primarily partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.
Executives
Raman-tangella Vidya officer: Chief Medical Officer 2 MANHATTANVILLE ROAD SUITE 203 PURCHASE NY 10577
Jensen Claus Torp officer: Chief Innovation Officer 2 MANHATTANVILLE ROAD SUITE 203 PURCHASE NY 10577
Napolitano Richard J officer: Chief Accounting Officer MSCI INC., 7 WORLD TRADE CENTER 250 GREENWICH STREET, 49TH FLOOR NEW YORK NY 10007
Daniel Karen L director 2801 80TH STREET KENOSHA WI 53141
Wang Yulun officer: Head of Research & Development 130 B CREMONA DR GOLETA CA 93117
Tullman Glen director C/O LIVONGO HEALTH, INC. 150 WEST EVELYN AVENUE, SUITE 150 MOUNTAIN VIEW CA 94041
Bischoff Christopher director C/O TELADOC HEALTH, INC. 2 MANHATTANVILLE ROAD, SUITE 203 PURCHASE NY 10577
Fenwick Sandra L director C/O TELADOC HEALTH, INC. 2 MANHATTANVILLE ROAD, SUITE 203 PURCHASE NY 10577
Taneja Hemant director 14120 MIRANDA ROAD LOS ALTOS HILLS CA 94022
Geshuri Arnnon officer: Chief Human Resources Officer 2 MANHATTANVILLE ROAD SUITE 203 PURCHASE NY 10577
Trencher Daniel officer: SVP Corporate Strategy 2 MANHATTANVILLE ROAD SUITE 203 PURCHASE NY 10577
Caridi Christopher officer: Chief Accounting Officer C/O 111 RIVER STREET HOBOKEN NJ 07030
Jacobson Catherine director C/O TELADOC, INC. 2 MANHATTANVILLE ROAD, SUITE 203 PURCHASE NY 10577
Sides David William officer: Chief Operating Officer 3525 PIEDMONT RD., NE BUILDING 6, SUITE 700 ATLANTA GA 30305
Murthy Mala officer: Chief Financial Officer C/O TELADOC HEALTH, INC. 2 MANHATTANVILLE ROAD, SUITE 203 PURCHASE NY 10577

Teladoc Health (NYSE:TDOC) Headlines

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