What is FuboTV Financial Strength?
FuboTV 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.
FuboTV did not have earnings to cover the interest expense.
FuboTV's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.27.
As of today, FuboTV's Altman Z-Score is -1.60.
Competitive Comparison of FuboTV's Financial Strength
For the Broadcasting subindustry, FuboTV'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.
FuboTV's Financial Strength Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, FuboTV's Financial Strength distribution charts can be found below:
* The bar in red indicates where FuboTV's Financial Strength falls into.
FuboTV 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:
FuboTV's Interest Expense for the
months ended in Mar. 2024 was $-5 Mil. Its Operating Income for the
months ended in Mar. 2024 was $-63 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $416 Mil.
FuboTV's Interest Coverage for the quarter that ended in Mar. 2024 is
| FuboTV 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.
FuboTV's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
FuboTV has a Z-score of -1.60, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -1.6 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.
FuboTV (FuboTV) Business Description
Traded in Other Exchanges
Address
1290 Avenue of the Americas, New York, NY, USA, 10104
FuboTV Inc is a sports-first, live TV streaming company, offering subscribers access to tens of thousands of live sporting events annually as well as news and entertainment content. Its platform, FuboTV, allows customers to access content through streaming devices and on SmartTVs, mobile phones, tablets, and computers. The company offers subscribers a live TV streaming service with the option to purchase incremental features available for purchase that include additional content or enhanced functionality best suited to their preferences. The operating segment of the group is Streaming. It has a business presence in the U.S. and other international countries.
Executives
| Alberto Horihuela |
officer: Chief Marketing Officer |
1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019 |
| John Janedis |
officer: Chief Financial Officer |
C/O FUBOTV INC., 1330 AVENUE OF THE AMERICAS, NEW YORK NY 10019 |
| David Gandler |
director, officer: Chief Executive Officer |
1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019 |
| Julie Haddon |
director |
C/O COLOSSEUM ACQUISITION, 190 ELGIN AVE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008 |
| Comcast Corp |
10 percent owner |
ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838 |
| Edgar Jr Bronfman |
director |
390 PARK AVE 4TH FLR, NEW YORK NY 10022 |
| Daniel V Leff |
director |
300 HAMILTON AVENUE, PALO ALTO CA 94301 |
| John C Textor |
director, officer: Chief Executive Officer |
WYNDCREST HOLDINGS, LLC, 150 SOUTH US HIGHWAY ONE, SUITE 500, JUPITER FL 33477 |
| Laura Diane Onopchenko |
director |
1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019 |
| Ignacio Figueras |
director |
1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019 |
| Henry Ahn |
director |
1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019 |
| Fbnk Finance S.a R.l. |
10 percent owner |
1 COTE D'EICH, LUXEMBOURG N4 L-1450 |
| Par-jorgen Parson |
director |
5-9 UNION SQUARE WEST, 3RD FLOOR, NEW YORK NY 10003 |
| Tfcf America, Inc |
other: See footnote (1)(2) |
500 SOUTH BUENA VISTA STREET, BURBANK CA 91521 |
| Discovery, Inc. |
10 percent owner |
230 PARK AVENUE SOUTH, NEW YORK NY 10003 |
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