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BTC Studios (WAR:BTC) Financial Strength : 6 (As of Sep. 2023)


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What is BTC Studios Financial Strength?

BTC Studios 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.

BTC Studios has no long-term debt (1). BTC Studios's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.70. As of today, BTC Studios's Altman Z-Score is 2.62.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of BTC Studios's Financial Strength

For the Electronic Gaming & Multimedia subindustry, BTC Studios'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.


BTC Studios's Financial Strength Distribution in the Interactive Media Industry

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

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



BTC Studios 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:

BTC Studios's Interest Expense for the months ended in Sep. 2023 was zł0.00 Mil. Its Operating Income for the months ended in Sep. 2023 was zł0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł0.00 Mil.

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

BTC Studios had no long-term debt (1).

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

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

BTC Studios'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
=(0.424 + 0) / 0.608
=0.70

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.

BTC Studios has a Z-score of 2.62, indicating it is in Grey Zones. This implies that BTC Studios is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.62 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


BTC Studios  (WAR:BTC) 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.

BTC Studios has the Financial Strength Rank of 6.


BTC Studios Financial Strength Related Terms

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


BTC Studios (WAR:BTC) Business Description

Traded in Other Exchanges
N/A
Address
ul. Emilii Plater 28, Warszawa, POL, 00-688
BTC Studios SA is a game development company. Its portfolio of games include Taffy: Feed the Kitty; Sadie Sparks Magic Match; and Pirates Next Door: The Mad Chase.

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