GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DigiPlus Interactive Corp (PHS:PLUS) » Definitions » Financial Strength

DigiPlus Interactive (PHS:PLUS) Financial Strength : 8 (As of Mar. 2024)


View and export this data going back to 1958. Start your Free Trial

What is DigiPlus Interactive Financial Strength?

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

Good Sign:

DigiPlus Interactive Corp 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.

DigiPlus Interactive's Interest Coverage for the quarter that ended in Mar. 2024 was 95.65. DigiPlus Interactive's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.05. As of today, DigiPlus Interactive's Altman Z-Score is 5.26.


Competitive Comparison of DigiPlus Interactive's Financial Strength

For the Gambling subindustry, DigiPlus Interactive'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.


DigiPlus Interactive's Financial Strength Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DigiPlus Interactive's Financial Strength distribution charts can be found below:

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



DigiPlus Interactive 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:

DigiPlus Interactive's Interest Expense for the months ended in Mar. 2024 was ₱-21 Mil. Its Operating Income for the months ended in Mar. 2024 was ₱2,026 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱1,671 Mil.

DigiPlus Interactive's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*2025.643/-21.177
=95.65

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

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

DigiPlus Interactive's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1278.264 + 1670.969) / 54531.844
=0.05

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.

DigiPlus Interactive has a Z-score of 5.26, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.26 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.


DigiPlus Interactive  (PHS:PLUS) 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.

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


DigiPlus Interactive Financial Strength Related Terms

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


DigiPlus Interactive (PHS:PLUS) Business Description

Traded in Other Exchanges
N/A
Address
Exchange Road, Ortigas Center, 26th Floor, West Tower, PSE Center, Barangay San Antonio, Pasig City, PHL, 1605
DigiPlus Interactive Corp, formerly Leisure & Resorts World Corp is engaged in the business of leisure. The company operates in four segments: The network and license segment's primary activity is licensing of operators engaged in interactive gaming, as well as the establishment and setup of all the gaming infrastructures required in connection with the development, operation and conduct of internet server, telecommunication network, gaming enterprises, and other systems facilities. The casino group is involved in hotel operation and casino marketing, junket operations, and arcade leasing. The retail segment consists of venues providing amusements and recreation facilities. The property segment includes integrated resort operators and investment.