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CoreLogic (CoreLogic) Financial Strength : 0 (As of Mar. 2021)


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What is CoreLogic Financial Strength?

CoreLogic 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.

CoreLogic's Interest Coverage for the quarter that ended in Mar. 2021 was 5.21. CoreLogic's debt to revenue ratio for the quarter that ended in Mar. 2021 was 1.11. As of today, CoreLogic's Altman Z-Score is 0.00.


Competitive Comparison of CoreLogic's Financial Strength

For the Information Technology Services subindustry, CoreLogic'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.


CoreLogic's Financial Strength Distribution in the Software Industry

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

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



CoreLogic 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:

CoreLogic's Interest Expense for the months ended in Mar. 2021 was $-16 Mil. Its Operating Income for the months ended in Mar. 2021 was $85 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $1,861 Mil.

CoreLogic's Interest Coverage for the quarter that ended in Mar. 2021 is

Interest Coverage=-1*Operating Income (Q: Mar. 2021 )/Interest Expense (Q: Mar. 2021 )
=-1*85.437/-16.401
=5.21

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

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

CoreLogic's Debt to Revenue Ratio for the quarter that ended in Mar. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(23.836 + 1861.165) / 1691.14
=1.11

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.

CoreLogic has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


CoreLogic  (NYSE:CLGX) 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.

CoreLogic has the Financial Strength Rank of 0.


CoreLogic Financial Strength Related Terms

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


CoreLogic (CoreLogic) Business Description

Traded in Other Exchanges
N/A
Address
40 Pacifica, Suite 900, Irvine, CA, USA, 92618
CoreLogic Inc is a provider of data and analytics for the real estate sector. It operates in two segments: Property Intelligence & Risk Management Solutions and Underwriting & Workflow Solutions. The company offers a national database of property and mortgage information, judgments and liens, building and replacement costs, parcel and geospatial data, criminal background records, eviction information, nonprime lending records, credit information, and tax information. The database includes historical property transactions and mortgage applications and covers nearly all U.S. residential and commercial properties. Corelogic also provides analytics services and tools built around its database for use of property valuation and credit and risk management.
Executives
Patrick L Dodd officer: Chief Operating & Growth Off. 40 PACIFICA SUITE 900 SUITE 900 IRVINE CA 92618
Francis Aaron Henry officer: CLO & Corporate Secretary 2828 NORTH HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
J David Chatham director 5780 WINDWARD PARKWAY SUITE 300, ALPHARETTA GA 30005
Thomas C Obrien director 850 E ALGONQUIN RD, STE 100, SCHAUMGURG IL 60173
John C Dorman director C/O LOANDEPOT, INC. ATTN GENERAL COUNSEL, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 90402
Douglas C Curling director 1000 ALDERMAN DRIVE, ALPHARETTA GA 30005
John K Stumpf officer: Executive, Controller & CAO
Barry M Sando officer: Managing Director 4 FIRST AMERICAN WAY SANTA ANA CA 92708
James L Balas officer: Chief Financial Officer CORELOGIC, INC. 40 PACIFICA, SUITE 900 IRVINE CA 92618
Vikrant Raina director CORELOGIC, INC. 40 PACIFICA, SUITE 900 IRVINE CA 92618
Paul F Folino director ONE ENTERPRISE, ALISO VIEJO CA 92656
Frank Martell director, officer: President & CEO 10 GASTON FARMS ROAD, GREENWICH CT 06831
Pamela H. Patenaude director 26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Michael Shepherd director 567 HALE STREET, PALO ALTO CA 94301
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104

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