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EverQuote (EverQuote) Financial Strength : 8 (As of Dec. 2023)


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What is EverQuote Financial Strength?

EverQuote has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

EverQuote Inc shows strong financial strength.

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.

GuruFocus does not calculate EverQuote's interest coverage with the available data. EverQuote's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.01. As of today, EverQuote's Altman Z-Score is 13.92.


Competitive Comparison of EverQuote's Financial Strength

For the Internet Content & Information subindustry, EverQuote'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.


EverQuote's Financial Strength Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, EverQuote's Financial Strength distribution charts can be found below:

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



EverQuote 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:

EverQuote's Interest Expense for the months ended in Dec. 2023 was $0.0 Mil. Its Operating Income for the months ended in Dec. 2023 was $-6.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.1 Mil.

EverQuote's Interest Coverage for the quarter that ended in Dec. 2023 is

GuruFocus does not calculate EverQuote's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. EverQuote Inc has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

EverQuote'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
=(2.09 + 0.07) / 222.82
=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.

EverQuote has a Z-score of 13.92, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 13.92 is strong.

* 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.


EverQuote  (NAS:EVER) 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.

EverQuote has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


EverQuote Financial Strength Related Terms

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


EverQuote (EverQuote) Business Description

Traded in Other Exchanges
Address
210 Broadway, Cambridge, MA, USA, 02139
EverQuote Inc is engaged in the business activity of offering an online marketplace for insurance shopping. The online marketplace offers consumers to find relevant insurance quotes based on car insurance, home insurance, and life insurance. The platform of the company is driven by data science. The firm's data and technology platform match and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers. It derives a majority of revenue from Direct channels.
Executives
Joseph Sanborn officer: Chief Financial Officer C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
David Brainard officer: Chief Technology Officer 201 BROADWAY, SUITE 401, CAMBRIDGE MA 02139
Jon Ayotte officer: Chief Accounting Officer C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
Paul F Deninger director C/O JEFFERIES & CO., 1050 WINTER STREET, WALTHAM MA 02451
Jayme Mendal officer: Chief Revenue Officer 210 BROADWAY, CAMBRIDGE MA 02139
Darryl Auguste officer: See Remarks 210 BROADWAY, CAMBRIDGE MA 02139
John L. Shields director 210 BROADWAY, CAMBRIDGE MA 02139
John Brandon Wagner officer: See Remarks 210 BROADWAY, CAMBRIDGE MA 02139
Julia Brncic officer: General Counsel 210 BROADWAY, CAMBRIDGE MA 02139
David W Mason officer: General Counsel and Secretary 210 BROADWAY, CAMBRIDGE MA 02139
Nicholas Graham officer: Chief Revenue Officer 210 BROADWAY, CAMBRIDGE MA 02139
Tomas Jr Revesz officer: Chief Technology Officer 210 BROADWAY, CAMBRIDGE MA 02139
David B Blundin director, 10 percent owner C/O MICROSTRATEGY INC, 1861 INTERNATIONAL DR, MCLEAN VA 22102
George R Neble director 210 BROADWAY, CAMBRIDGE MA 02139
Elyse Neumeier officer: Chief People Officer 210 BROADWAY, CAMBRIDGE MA 02139

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