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MariaDB (MariaDB) Financial Strength : 3 (As of Sep. 2023)


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What is MariaDB Financial Strength?

MariaDB has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

MariaDB PLC displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

MariaDB did not have earnings to cover the interest expense. MariaDB's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.30. As of today, MariaDB's Altman Z-Score is -16.65.


Competitive Comparison of MariaDB's Financial Strength

For the Software - Infrastructure subindustry, MariaDB'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.


MariaDB's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, MariaDB's Financial Strength distribution charts can be found below:

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



MariaDB 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:

MariaDB's Interest Expense for the months ended in Sep. 2023 was $-0.25 Mil. Its Operating Income for the months ended in Sep. 2023 was $-10.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

MariaDB's Interest Coverage for the quarter that ended in Sep. 2023 is

MariaDB 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.

MariaDB's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(16.394 + 0) / 55.168
=0.30

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.

MariaDB has a Z-score of -16.65, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -16.65 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.


MariaDB  (NYSE:MRDB) 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.

MariaDB has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


MariaDB Financial Strength Related Terms

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


MariaDB (MariaDB) Business Description

Traded in Other Exchanges
N/A
Address
699 Veterans Boulevard, Redwood, CA, USA, 94063
MariaDB PLC is a new generation cloud database company whose products are used by companies, reaching over a billion users through Linux distributions, downloaded over a billion times, and used across all types of use cases and industries. It operates as a single segment within the Software-as-a-Service ("SaaS") space. The company operates in EMEA, APAC and America, out of which it generates maximum revenue from America.
Executives
Michael Fanfant director C/O MARIADB PLC, 699 VETERANS BLVD., REDWOOD CITY CA 94063
Yakov Zubarev director 1064 VIA ROBLE, LAFAYETTE CA 94549
Thomas Frederick Siegel officer: Chief Revenue Officer C/O MARIADB PLC, 699 VETERANS BLVD., REDWOOD CITY CA 94063
Paul Augustine O'brien director, officer: Chief Executive Officer C/O MARIADB PLC, 699 VETERANS BLVD., REDWOOD CITY CA 94063
Mccarthy Conor officer: Chief Financial Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Russell Christine director 17165 PINE STREET, LOS GATOS CA 95032
Jonathan P. Bakke officer: Chief Revenue Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Michael L. Howard director, officer: Chief Executive Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Roya Shakoori officer: General Counsel & Corp. Sec'y C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Alexander B. Suh director C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Franz Aman officer: Chief Marketing Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
William T. Sanchez officer: Chief Accounting Officer C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Harold R. Berenson director C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Ingels Jurgen G. A. director C/O MARIADB PLC, 699 VETERANS BLVD, REDWOOD CITY CA 94063
Theodore T Wang director C/O PUISSANCE CAPITAL MANAGEMENT LP, 950 THIRD AVENUE, 25TH FLOOR, NEW YORK NY 10022

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