What is Digital Turbine Financial Strength?
Digital Turbine 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.
Digital Turbine did not have earnings to cover the interest expense.
Digital Turbine's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.66.
As of today, Digital Turbine's Altman Z-Score is -0.25.
Competitive Comparison of Digital Turbine's Financial Strength
For the Software - Application subindustry, Digital Turbine'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.
Digital Turbine's Financial Strength Distribution in the Software Industry
For the Software industry and Technology sector, Digital Turbine's Financial Strength distribution charts can be found below:
* The bar in red indicates where Digital Turbine's Financial Strength falls into.
Digital Turbine 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:
Digital Turbine's Interest Expense for the
months ended in Dec. 2023 was $-7.7 Mil. Its Operating Income for the
months ended in Dec. 2023 was $-9.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $374.0 Mil.
Digital Turbine's Interest Coverage for the quarter that ended in Dec. 2023 is
| Digital Turbine 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.
Digital Turbine's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
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.
Digital Turbine has a Z-score of -0.25, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -0.25 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.
Digital Turbine (Digital Turbine) Business Description
Traded in Other Exchanges
Address
110 San Antonio Street, Suite 160, Austin, TX, USA, 78701
Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.
Executives
| Jeff Karish |
director |
C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910 |
| Robert M Deutschman |
director |
|
| Mohan S Gyani |
director |
7277 164TH AVE NE, BLDG1, REDMOND WA 98052 |
| Stone William Gordon Iii |
officer: President, COO |
2811 CAHUENGA BOULEVARD WEST, LOS ANGELES CA 90068 |
| Holyce Hess Groos |
director |
58 CHRISTIANA COURT, LAKE GEORGE NY 12845 |
| Roy H Chestnutt |
director |
1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036 |
| Senthilkumaran Kanagaratnam |
officer: Chief Technology Officer |
5717 LA SEYNE PLACE, SAN JOSE CA 95138 |
| Matthew Gillis |
officer: President |
2400 BOSTON STREET, SUITE 201, BALTIMORE MD 21224 |
| Michelle M Sterling |
director |
5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121 |
| Mary Spilman |
director |
C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016 |
| Michael Benjamin Miller |
officer: Chief Accounting Officer |
360 WEST FOREST GROVE ROAD, LUCAS TX 75002 |
| David Wesch |
officer: Acting CAO |
1300 GUADALUPE STREET, SUITE 302, AUSTIN TX 78701 |
| Christopher Thomas Rogers |
director |
2001 EDMUND HALLEY DRIVE, RESTON VA 20191 |
| Christine Collins |
officer: CTO |
111 NUECES STREET, AUSTIN TX 78701 |
| Paul M Schaeffer |
director |
5200 ENCINO AVENUE, ENCINO CA 91316 |
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