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Sekur Private Data (XCNQ:SKUR) Financial Strength : 0 (As of Mar. 2024)


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What is Sekur Private Data Financial Strength?

Sekur Private Data 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.

Sekur Private Data has no long-term debt (1). Sekur Private Data's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Sekur Private Data's Altman Z-Score is -24.87.

(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 Sekur Private Data's Financial Strength

For the Software - Application subindustry, Sekur Private Data'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.


Sekur Private Data's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, Sekur Private Data's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sekur Private Data's Financial Strength falls into.



Sekur Private Data 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:

Sekur Private Data's Interest Expense for the months ended in Mar. 2024 was C$0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was C$-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Sekur Private Data's Interest Coverage for the quarter that ended in Mar. 2024 is

Sekur Private Data had no long-term debt (1).

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

Good Sign:

Sekur Private Data Ltd has no debt.

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

Sekur Private Data'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
=(0 + 0) / 0.636
=0.00

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.

Sekur Private Data has a Z-score of -24.87, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -24.87 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.


Sekur Private Data  (XCNQ:SKUR) 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.

Sekur Private Data has the Financial Strength Rank of 0.


Sekur Private Data Financial Strength Related Terms

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


Sekur Private Data (XCNQ:SKUR) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Sekur Private Data Ltd is a software company. It is a distributor and license holder of secure cloud-based storage, document management, encrypted emails, and secure communication tools. The products of the company include Digital Safe, Priva Talk, and Sekur. The company sells the products through resellers and other distribution channels such as managed service providers, Internet service providers, and telecommunication companies.
Executives
Claudio Paolo Raffaele Alberti Director

Sekur Private Data (XCNQ:SKUR) Headlines

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