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Ault Disruptive Technologies (Ault Disruptive Technologies) Financial Strength : 4 (As of Dec. 2023)


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What is Ault Disruptive Technologies Financial Strength?

Ault Disruptive Technologies 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.

Ault Disruptive Technologies did not have earnings to cover the interest expense. As of today, Ault Disruptive Technologies's Altman Z-Score is 0.00.


Competitive Comparison of Ault Disruptive Technologies's Financial Strength

For the Shell Companies subindustry, Ault Disruptive Technologies'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.


Ault Disruptive Technologies's Financial Strength Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ault Disruptive Technologies's Financial Strength distribution charts can be found below:

* The bar in red indicates where Ault Disruptive Technologies's Financial Strength falls into.



Ault Disruptive Technologies 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:

Ault Disruptive Technologies's Interest Expense for the months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the months ended in Dec. 2023 was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Ault Disruptive Technologies's Interest Coverage for the quarter that ended in Dec. 2023 is

Ault Disruptive Technologies 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.

Ault Disruptive Technologies's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.55 + 0) / 0
=N/A

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.

Ault Disruptive Technologies 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.


Ault Disruptive Technologies  (AMEX:ADRT) 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.

Ault Disruptive Technologies has the Financial Strength Rank of 4.


Ault Disruptive Technologies Financial Strength Related Terms

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


Ault Disruptive Technologies (Ault Disruptive Technologies) Business Description

Traded in Other Exchanges
N/A
Address
11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV, USA, 89141
Ault Disruptive Technologies Corp is a blank check company.
Executives
Ault Milton C Iii director 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Robert O Smith director DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
William B. Horne director, officer: Chief Executive Officer C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Jeffrey Allen Bentz director 107 E BONITA WAY, TEMPE AZ 85281
Henry Carl Nisser director, officer: President and General Counsel 100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
Kenneth S Cragun officer: Chief Financial Officer 3775 CHIPPEWA CIRCLE, CORONA CA 92881
David J Katzoff officer: Vice President - Finance 201 SHIPYARD WAY, NEWPORT BEACH CA 92663
Mark Gustafson director 10691 ROSECROFT CRESCENT, RICHMOND A1 V7A 2H9
Ault Disruptive Technologies Company, Llc 10 percent owner 11411 SOUTHERN HIGHLANDS PKWY, SUITE 240, LAS VEGAS NV 89141
Mark Christian Nelson director C/O AULT DISRUPTIVE TECHNOLOGIES CORP, 11411 SOUTHERN HIGHLANDS, PKWY 240, LAS VEGAS NV 89141

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