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View (VIEWQ) Financial Strength : 1 (As of Sep. 2023)


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What is View Financial Strength?

View has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

View Inc displays poor financial strength. 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.

View did not have earnings to cover the interest expense. View's debt to revenue ratio for the quarter that ended in Sep. 2023 was 1.51. As of today, View's Altman Z-Score is -18.01.


Competitive Comparison of View's Financial Strength

For the Building Products & Equipment subindustry, View'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.


View's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, View's Financial Strength distribution charts can be found below:

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



View 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:

View's Interest Expense for the months ended in Sep. 2023 was $-4.4 Mil. Its Operating Income for the months ended in Sep. 2023 was $-38.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $227.7 Mil.

View's Interest Coverage for the quarter that ended in Sep. 2023 is

View 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.

View's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.733 + 227.66) / 152.88
=1.51

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.

View has a Z-score of -18.01, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -18.01 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.


View  (OTCPK:VIEWQ) 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.

View has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


View Financial Strength Related Terms

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


View (VIEWQ) Business Description

Traded in Other Exchanges
N/A
Address
195 South Milpitas Boulevard, Milpitas, CA, USA, 95035
View Inc is a technology company and the market leader in smart windows. View Smart Windows use artificial intelligence to automatically adjust in response to the sun and increase access to natural light, to improve people's health and experience in buildings, while simultaneously reducing energy consumption to mitigate the effects of climate change. Every View installation also includes a smart building platform that consists of power, network, and communication infrastructure.
Executives
Madrone Capital Partners, Llc 10 percent owner 1149 CHESTNUT STREET, SUITE 200, MENLO PARK CA 94025
Guardians Of New Zealand Superannuation 10 percent owner PO BOX 106 607, NEW ZEALAND, AUCKLAND Q2 1143
Rao Mulpuri director, officer: CHIEF EXECUTIVE OFFICER 195 S. MILPITAS BLVD., MILPITAS CA 95035
Scott H Rechler director 225 BROADHOLLOW RD, C/O RECKSON ASSOCIATES, MELVILLE NY 11747
Amy Reeves officer: CHIEF ACCOUNTING OFFICER 195 S. MILPITAS BLVD., MILPITAS CA 95035
Julie Larson-green director C/O HEALTH CATALYST, INC., 3165 MILLROCK DR., #400, SALT LAKE CITY UT 84121
Lisa Picard director 195 S. MILPITAS BLVD., MILPITAS CA 95035
Svf Endurance (cayman) Ltd 10 percent owner C/O WALKERS CORPORATE LIMITED, 27 HOSPITAL ROAD, GEORGE TOWN E9 KY1-9008
William T. Krause officer: See Remarks 195 S. MILPITAS BLVD., MILPITAS CA 95035
Svf Excaliber (cayman) Ltd 10 percent owner 27 HOSPITAL ROAD, WALKERS CORPORATE LTD., CAYMAN CORPORATE CENTRE, GEORGE TOWN, GRAND CAYMAN E9 KY-9008
Nigel Gormly director 195 S. MILPITAS BLVD., MILPITAS CA 95035
Toby Cosgrove director 195 S. MILPITAS BLVD., MILPITAS CA 95035
Martin Neumann officer: See Remarks 195 S. MILPITAS BLVD., MILPITAS CA 95035
Rahul Bammi officer: CHIEF BUSINESS OFFICER 195 S. MILPITAS BLVD., MILPITAS CA 95035
Nitesh Trikha officer: See Remarks 195 S. MILPITAS BLVD., MILPITAS CA 95035

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