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Mobile Infrastructure (Mobile Infrastructure) Financial Strength : 3 (As of Mar. 2024)


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What is Mobile Infrastructure Financial Strength?

Mobile Infrastructure 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:

Mobile Infrastructure Corp 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.

Mobile Infrastructure did not have earnings to cover the interest expense. Mobile Infrastructure's debt to revenue ratio for the quarter that ended in Mar. 2024 was 5.44. As of today, Mobile Infrastructure's Altman Z-Score is -0.44.


Competitive Comparison of Mobile Infrastructure's Financial Strength

For the Infrastructure Operations subindustry, Mobile Infrastructure'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.


Mobile Infrastructure's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mobile Infrastructure's Financial Strength distribution charts can be found below:

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



Mobile Infrastructure 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:

Mobile Infrastructure's Interest Expense for the months ended in Mar. 2024 was $-2.98 Mil. Its Operating Income for the months ended in Mar. 2024 was $-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $133.68 Mil.

Mobile Infrastructure's Interest Coverage for the quarter that ended in Mar. 2024 is

Mobile Infrastructure 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.

Mobile Infrastructure'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
=(58.45 + 133.681) / 35.308
=5.44

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.

Mobile Infrastructure has a Z-score of -0.44, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.44 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.


Mobile Infrastructure  (AMEX:BEEP) 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.

Mobile Infrastructure 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.


Mobile Infrastructure Financial Strength Related Terms

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


Mobile Infrastructure (Mobile Infrastructure) Business Description

Traded in Other Exchanges
N/A
Address
30 W. 4th Street, Cincinnati, OH, USA, 45202
Mobile Infrastructure Corp focuses on acquiring, owning, and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The company targets both parking garage and surface lot properties primarily in the top 50 U.S. Metropolitan Statistical Areas, with proximity to key demand drivers, such as airports, transportation hubs, educational facilities, government buildings and courthouses, sports and entertainment venues, hospital and health centers, hotels, office complexes and residences.
Executives
Jeffrey Osher director 505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Stephanie Hogue director, 10 percent owner, officer: President & CFO 250 E. 5TH STREET, STE 2110, CINCINNATI OH 45202
Amanda Parness other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Brad Greiwe director 1 LITTLE WEST 12TH STREET, 4TH FLOOR, NEW YORK NY 10014
Damon D Jones director 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Manuel Iii Chavez director, officer: CEO 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Color Up, Llc other: See Remarks 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Hscp Strategic Iii L.p. other: See Remarks 505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Poonam Sharma Mathis other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Adeyemi Ajao other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Lorrence T Kellar director C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Fifth Wall Acquisition Sponsor Iii, Llc 10 percent owner 6060 CENTER DRIVE, FLOOR 10, LOS ANGELES CA 90045
Andriy Mykhaylovskyy 10 percent owner 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Brendan Wallace 10 percent owner 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Alana Beard other: Former Director 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045

Mobile Infrastructure (Mobile Infrastructure) Headlines

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