:USA has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
:USA has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Liberty All Star Equity Fund 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.GuruFocus does not calculate Liberty All Star Equity Fund's interest coverage with the available data. Liberty All Star Equity Fund's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. Altman Z-Score does not apply to banks and insurance companies.
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:
Liberty All Star Equity Fund's Interest Expense for the months ended in Dec. 2023 was $0.0 Mil. Its Operating Income for the months ended in Dec. 2023 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil.
Liberty All Star Equity Fund's Interest Coverage for the quarter that ended in Dec. 2023 is
Liberty All Star Equity Fund had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Liberty All Star Equity Fund has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Liberty All Star Equity Fund'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 | |
= | (0 | + | 0) | / | 359.002 | |
= | 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.
Liberty All Star Equity Fund (NYSE:USA) 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.
Liberty All Star Equity Fund has the Financial Strength Rank of 6.
Thank you for viewing the detailed overview of Liberty All Star Equity Fund's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Mark T Haley | officer: Senior Vice President | C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203 |
Robert Milas | officer: Vice President of the Funds | 1290 BROADWAY, SUITE 1000, DENVER CO 80203 |
Milton M Irvin | other: Trustee | C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203 |
Edmund J Burke | director | 1290 BROADWAY, SUITE 1100, DENVER CO 80203 |
Parmentier William R Jr | officer: President and Chief Exec. Off. | C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203 |
Michelle Stallworth | officer: ASSISTANT SECRETARY | 1290 BROADWAY, SUITE 1000, DENVER CO 80203 |
Erich Rettinger | officer: Treasurer | 1290 BROADWAY SUITE 1100, DENVER CO 80203 |
Tanya Tancheff | officer: Assistant Secretary | 1290 BROADWAY 1000, DENVER CO 80203 |
Maureen K Usifer | other: Trustee | C/O BLACKROCK KELSO CAPITAL ADVISORS LLC, 40 EAST 52ND STREET, NEW YORK NY 10022 |
John J Neuhauser | other: Trustee | C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203 |
Howard Roy Gleicher | other: Portfolio Manager | 11100 SANTA MONICA BLVD. SUITE 1700, LOS ANGELES CA 90025 |
Thomas W Brock | director | 1290 BROADWAY, SUITE 1100, DENVER CO 80203 |
Fiduciary Management Inc /wi/ | other: Fund Investment Advisor | 790 N. WATER STREET, SUITE 2100, MILWAUKEE WI 53202 |
Jill Kerschen | officer: Treasurer | 1700 BROADWAY, SUITE 1850, DENVER CO 80290 |
Laton Spahr | other: President of the Adviser | 1290 BROADWAY, SUITE 1100, DENVER CO 80203 |
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.