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Morgan Stanleyome Securities (Morgan Stanleyome Securities) Financial Strength : 0 (As of Sep. 2017)


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What is Morgan Stanleyome Securities Financial Strength?

Morgan Stanleyome Securities 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.

GuruFocus does not calculate Morgan Stanleyome Securities's interest coverage with the available data. Morgan Stanleyome Securities's debt to revenue ratio for the quarter that ended in Sep. 2017 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


Morgan Stanleyome Securities 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:

Morgan Stanleyome Securities's Interest Expense for the months ended in Sep. 2017 was $0.00 Mil. Its Operating Income for the months ended in Sep. 2017 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.00 Mil.

Morgan Stanleyome Securities's Interest Coverage for the quarter that ended in Sep. 2017 is

Morgan Stanleyome Securities 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.

Morgan Stanleyome Securities's Debt to Revenue Ratio for the quarter that ended in Sep. 2017 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2017 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 6.141
=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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Morgan Stanleyome Securities  (NYSE:ICB) 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.

Morgan Stanleyome Securities has the Financial Strength Rank of 0.


Morgan Stanleyome Securities Financial Strength Related Terms

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


Morgan Stanleyome Securities (Morgan Stanleyome Securities) Business Description

Traded in Other Exchanges
N/A
Address
Morgan Stanley Income Securities Inc is a closed-end fund. Its objective is to seek a high level of current income and as a secondary objective, capital appreciation by investing in a diversified portfolio of debt issued by corporations.
Executives
George W Karpus 10 percent owner
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Mikhael Breiterman-loader officer: Portfolio Manager 522 5TH AVE, NEW YORK NY 10036
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
John H Gernon officer: Principle Executive Officer 522 5TH AVENUE, NEW YORK NY 10036
Arthur Jason Lev officer: President and PEO 522 5TH AVENUE, NEW YORK NY 10036
Karen Toll other: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Sara Furber officer: President & PEO MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVE, NEW YORK NY 10036
Mary Ann Picciotto officer: CCO of the Advisor LORD, ABBETT & CO. LLC, 90 HUDSON STREET, JERSEY CITY NJ 07302
Virginia M Keehan other: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 20, NEW YORK NY 10036
Joseph M Mehlman other: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 20, NEW YORK NY 10036