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Ai-Media Technologies (Ai-Media Technologies) Financial Strength : 7 (As of Dec. 2023)


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What is Ai-Media Technologies Financial Strength?

Ai-Media Technologies has the Financial Strength Rank of 7.

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.

Ai-Media Technologies did not have earnings to cover the interest expense. Ai-Media Technologies's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.01. As of today, Ai-Media Technologies's Altman Z-Score is 1.79.


Competitive Comparison of Ai-Media Technologies's Financial Strength

For the Entertainment subindustry, Ai-Media 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.


Ai-Media Technologies's Financial Strength Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ai-Media Technologies's Financial Strength distribution charts can be found below:

* The bar in red indicates where Ai-Media Technologies's Financial Strength falls into.



Ai-Media 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:

Ai-Media Technologies's Interest Expense for the months ended in Dec. 2023 was $-0.19 Mil. Its Operating Income for the months ended in Dec. 2023 was $-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.27 Mil.

Ai-Media Technologies's Interest Coverage for the quarter that ended in Dec. 2023 is

Ai-Media 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.

Ai-Media 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
=(0.203 + 0.266) / 43.812
=0.01

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.

Ai-Media Technologies has a Z-score of 1.79, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.79 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.


Ai-Media Technologies  (OTCPK:AINHF) 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.

Ai-Media Technologies has the Financial Strength Rank of 7.


Ai-Media Technologies Financial Strength Related Terms

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Ai-Media Technologies (Ai-Media Technologies) Business Description

Traded in Other Exchanges
Address
103 Miller Street, Level 1, North Sydney, NSW, AUS, 2060
Ai-Media Technologies Ltd is a provider of live and recorded captioning, transcription, subtitles, translation, and speech analytics using a proprietary, cloud-based technology platform. The company has three operating segments based on geographical locations: Australia and New Zealand, North America (which includes Canada and the United States of America), and the Rest of the world (which includes the United Kingdom, Singapore, and Malaysia) and the majority of its revenue generates from North America.

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