What is Gulf Coast Ultra Deep Royalty Trust Financial Strength?
Gulf Coast Ultra Deep Royalty Trust 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.
Gulf Coast Ultra Deep Royalty Trust has no long-term debt (1).
As of today, Gulf Coast Ultra Deep Royalty Trust's Altman Z-Score is 2.99.
(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 Gulf Coast Ultra Deep Royalty Trust's Financial Strength
For the Oil & Gas E&P subindustry, Gulf Coast Ultra Deep Royalty Trust'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.
Gulf Coast Ultra Deep Royalty Trust's Financial Strength Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gulf Coast Ultra Deep Royalty Trust's Financial Strength distribution charts can be found below:
* The bar in red indicates where Gulf Coast Ultra Deep Royalty Trust's Financial Strength falls into.
Gulf Coast Ultra Deep Royalty Trust 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:
Gulf Coast Ultra Deep Royalty Trust'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 $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.
Gulf Coast Ultra Deep Royalty Trust's Interest Coverage for the quarter that ended in Dec. 2023 is
| Gulf Coast Ultra Deep Royalty Trust had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Gulf Coast Ultra Deep Royalty Trust has no debt.
2. Debt to revenue ratio. The lower, the better.
Gulf Coast Ultra Deep Royalty Trust's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
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.
Gulf Coast Ultra Deep Royalty Trust has a Z-score of 2.99, indicating it is in Grey Zones. This implies that Gulf Coast Ultra Deep Royalty Trust is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.99 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Business Description
Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
Gulf Coast Ultra Deep Royalty Trust is a statutory trust. It holds overriding royalty interests in future production from each of McMoRan Oil & Gas LLC's Inboard Lower Tertiary/Cretaceous exploration prospects located in South Louisiana. The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses. The company's subject interests consist of approximately Inboard Lower Tertiary/Cretaceous. Its offshore subject interests consist of exploration prospects, including Barataria; Barbosa; Blackbeard East; Blackbeard West; Bonnet; Calico Jack; Captain Blood; Davy Jones; Davy Jones West; Drake; England; Hook and Hurricane, Lafitte, Morgan. The onshore subject interests consist of Highlander, Lineham Creek, and Tortuga.
Executives
| Magnolia Oil & Gas Corp |
10 percent owner |
NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046 |
| Montex Highlander, Llc |
10 percent owner |
420 THROCKMORTON STREET, SUITE 550, FORT WORTH TX 76102 |
| Neil S Subin |
10 percent owner |
2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996 |
| Freeport Mcmoran Copper & Gold Inc |
10 percent owner |
333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004 |
| Highlander Oil & Gas Assets Llc |
10 percent owner |
NINE GREENWAY PLAZA, SUITE 1400, HOUSTON TX 77046 |
| Miller Lloyd I Iii |
10 percent owner |
|
| Mount Kellett Capital Management Lp |
10 percent owner |
1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Fig Llc |
10 percent owner |
1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105 |
| Fortress Investment Group Llc |
10 percent owner |
1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105 |
| Fortress Operating Entity I Lp |
10 percent owner |
1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Fig Corp. |
10 percent owner |
1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Fortress Mk Advisors Llc |
10 percent owner |
1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Leon G Cooperman |
10 percent owner |
7118 MELROSE CASTLE LANE, BOCA RATON FL 33496 |
Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Headlines
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