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Leafbuyer Technologies (Leafbuyer Technologies) Financial Strength : 0 (As of Dec. 2023)


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What is Leafbuyer Technologies Financial Strength?

Leafbuyer Technologies has the Financial Strength Rank of 0.

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.

Leafbuyer Technologies did not have earnings to cover the interest expense. Leafbuyer Technologies's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.27. As of today, Leafbuyer Technologies's Altman Z-Score is -27.64.


Competitive Comparison of Leafbuyer Technologies's Financial Strength

For the Internet Content & Information subindustry, Leafbuyer Technologies'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.


Leafbuyer Technologies's Financial Strength Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Leafbuyer Technologies's Financial Strength distribution charts can be found below:

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



Leafbuyer Technologies 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:

Leafbuyer Technologies's Interest Expense for the months ended in Dec. 2023 was $-0.02 Mil. Its Operating Income for the months ended in Dec. 2023 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.46 Mil.

Leafbuyer Technologies's Interest Coverage for the quarter that ended in Dec. 2023 is

Leafbuyer Technologies 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.

Leafbuyer Technologies's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.077 + 0.463) / 5.736
=0.27

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.

Leafbuyer Technologies has a Z-score of -27.64, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -27.64 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.


Leafbuyer Technologies  (OTCPK:LBUY) 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.

Leafbuyer Technologies has the Financial Strength Rank of 0.


Leafbuyer Technologies Financial Strength Related Terms

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


Leafbuyer Technologies (Leafbuyer Technologies) Business Description

Traded in Other Exchanges
N/A
Address
6888 South Clinton Street, Suite 301, Greenwood Village, CO, USA, 80112
Leafbuyer Technologies Inc operates an online portal for cannabis deals and specials. The company primarily serves legal cannabis dispensaries and companies who create cannabis-related products. It markets THC, CBD, CBG, Concentrates, and Edibles Products.
Executives
Jeffrey D Rudolph director PO BOX 202319, DENVER CO 80220
Kristin Lea Baca director 16871 E CALEY PL, AURORA CO 80016
Kurt Rossner director, 10 percent owner, officer: Chief Operating Officer 6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Mark Breen director, 10 percent owner, officer: Chief Operating Officer 6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Michael Goerner director, 10 percent owner, officer: Chief Operating Officer 6888 S. CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112