What is Xometry Financial Strength?
Xometry has the Financial Strength Rank of 6.
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.
Xometry did not have earnings to cover the interest expense.
Xometry's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.58.
As of today, Xometry's Altman Z-Score is 1.50.
Competitive Comparison of Xometry's Financial Strength
For the Specialty Industrial Machinery subindustry, Xometry'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.
Xometry's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Xometry's Financial Strength distribution charts can be found below:
* The bar in red indicates where Xometry's Financial Strength falls into.
Xometry 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:
Xometry's Interest Expense for the
months ended in Dec. 2023 was $-1.2 Mil. Its Operating Income for the
months ended in Dec. 2023 was $-12.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $292.7 Mil.
Xometry's Interest Coverage for the quarter that ended in Dec. 2023 is
| Xometry 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.
Xometry'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.
Xometry has a Z-score of 1.50, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.5 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.
Xometry (Xometry) Business Description
Traded in Other Exchanges
Address
6116 Executive Boulevard, Suite 800, North Bethesda, MD, USA, 20855
Xometry Inc is engaged in providing AI-enabled manufacturing equipment. Its buyers include engineers, product designers, procurement and supply chain personnel, inventors, and business owners. The manufacturing processes offered by the company include CNC Machining, Injection Molding, Urethane Casting, 3D Printing, and Die Casting. The company is organized into two segments referred to as: (1) the U.S. and (2) International. The majority of the revenue is earned from the U.S. segment.
Executives
| James M Rallo |
officer: Chief Financial Officer |
C/O LIQUIDITY SERVICES INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036 |
| Matthew Leibel |
officer: Chief Technology Officer |
7529 STANDISH PLACE, SUITE 200, CO XOMETRY, INC., DERWOOD MD 20855 |
| Bill Cronin |
officer: Chief Revenue Officer |
180 CONCORD DRIVE, MADISON CT 06824 |
| Emily Rollins |
director |
C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103 |
| Peter Goguen |
officer: Chief Operating Officer |
7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855 |
| George Hornig |
director |
C/O CREDIT SUISSE FIRST BOSTON PRIVATE, 11 MADISON AVE, NEW YORK NY 10010 |
| Katharine Weymouth |
director |
1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209 |
| Randolph Altschuler |
director, officer: Chief Executive Officer |
7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855 |
| Laurence Zuriff |
director, officer: Chief Strategy Officer |
7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855 |
| Kathy Mayerhofer |
officer: Chief Sales Officer |
7529 STANDISH PLACE, SUITE 200, DERWOOD CA 20855 |
| Highland Leaders Fund I, L.p. |
10 percent owner |
ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142 |
| Highland Leaders Fund I Gp, Llc |
10 percent owner |
ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142 |
| Highland Leaders Fund I Gp, L.p. |
10 percent owner |
ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142 |
| Highland Capital Partners 9 Limited Partnership |
10 percent owner |
ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142 |
| Highland Capital Partners 9-b Limited Partnership |
10 percent owner |
ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142 |
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