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Perception Capital III has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Perception Capital Corp III shows strong financial strength.
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.Perception Capital III has no long-term debt (1). As of today, Perception Capital III's Altman Z-Score is 0.00.
(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.
For the Shell Companies subindustry, Perception Capital III'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.
For the Diversified Financial Services industry and Financial Services sector, Perception Capital III's Financial Strength distribution charts can be found below:
* The bar in red indicates where Perception Capital III's Financial Strength falls into.
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:
Perception Capital III's Interest Expense for the months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was $-1.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.
Perception Capital III's Interest Coverage for the quarter that ended in Dec. 2023 is
Perception Capital III 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.
Perception Capital III'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) | / | 0 | |
= | N/A |
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.
Perception Capital III 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.
Perception Capital III (NAS:PFTA) 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.
Perception Capital III has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Thank you for viewing the detailed overview of Perception Capital III's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
John P Stanfield | officer: Chief Financial Officer | 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210 |
Campbell Corey | 10 percent owner, officer: Chief Financial Officer | C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391 |
Karrie Willis | director | C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104 |
Sheridan James J. Iii | 10 percent owner, officer: Co-President | C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391 |
Thomas J. Abood | director | 2415 ANNAPOLIS LANE, SUITE 100, PLYMOUTH MN 55441 |
Tao Tan | 10 percent owner, officer: Co-President | 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814 |
Rick Gaenzle | director, 10 percent owner, officer: Chief Executive Officer | 1601 BRYAN STREET, SUITE 4141, DALLAS TX 75201 |
Scott Honour | director | 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024 |
Rudolph R Reinfrank | director | C/O ONS ACQUISITION, 407 N. MAPLE DRIVE, GROUND FLOOR, BEVERLY HILLS CA 90210 |
George Thompson Hutton | director | C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755 |
Seraina Macia | director | 175 WATER STREET, NEW YORK NY 10038 |
Harvey Stuart C. Jr | director | C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602 |
Iii Paul Desmarais | director | 325 GREENWICH AVENUE, GREENWICH CT 06830 |
Pfta I Lp | 10 percent owner | 161 BAY STREET, SUITE 5000, TORONTO A6 M5J 2S1 |
Pfta I Gp Inc. | 10 percent owner | 161 BAY STREET, SUITE 5000, TORONTO A6 M5J 2S1 |
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