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WISeKey International Holding (WISeKey International Holding) Financial Strength : 4 (As of Jun. 2023)


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What is WISeKey International Holding Financial Strength?

WISeKey International Holding has the Financial Strength Rank of 4.

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.

WISeKey International Holding did not have earnings to cover the interest expense. WISeKey International Holding's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.30. As of today, WISeKey International Holding's Altman Z-Score is -7.06.


Competitive Comparison of WISeKey International Holding's Financial Strength

For the Semiconductors subindustry, WISeKey International Holding'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.


WISeKey International Holding's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, WISeKey International Holding's Financial Strength distribution charts can be found below:

* The bar in red indicates where WISeKey International Holding's Financial Strength falls into.



WISeKey International Holding 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:

WISeKey International Holding's Interest Expense for the months ended in Jun. 2023 was $-0.36 Mil. Its Operating Income for the months ended in Jun. 2023 was $-5.89 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $4.35 Mil.

WISeKey International Holding's Interest Coverage for the quarter that ended in Jun. 2023 is

WISeKey International Holding 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.

WISeKey International Holding's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.77 + 4.351) / 30.214
=0.30

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.

WISeKey International Holding has a Z-score of -7.06, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -7.06 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.


WISeKey International Holding  (NAS:WKEY) 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.

WISeKey International Holding has the Financial Strength Rank of 4.


WISeKey International Holding Financial Strength Related Terms

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WISeKey International Holding (WISeKey International Holding) Business Description

Traded in Other Exchanges
Address
General-Guisan-Strasse 6, Zug, CHE, CH-6300
WISeKey International Holding Ltd is a cybersecurity company focused on delivering integrated security solutions for the Internet of Things and digital identity ecosystems. It integrates secure semiconductors, cybersecurity software, and a globally recognized Root of Trust (RoT) into leading-edge products and services that protect users, devices, data and transactions in the internet-connected world. It has three business segments. The IoT segment, which is the key revenue driver, generates revenue from the sale of semiconductor's secure chips. The mPKI segment generates revenues from Digital Certificates, Software as a Service, Software license and Post-Contract Customer Support for cybersecurity applications.

WISeKey International Holding (WISeKey International Holding) Headlines

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