What is Heartland Payment Systems Financial Strength?
Heartland Payment Systems 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.
Heartland Payment Systems's Interest Coverage for the quarter that ended in Dec. 2015 was 11.59.
Heartland Payment Systems's debt to revenue ratio for the quarter that ended in Dec. 2015 was 0.17.
As of today, Heartland Payment Systems's Altman Z-Score is 0.00.
Competitive Comparison of Heartland Payment Systems's Financial Strength
For the Specialty Business Services subindustry, Heartland Payment Systems'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.
Heartland Payment Systems's Financial Strength Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Heartland Payment Systems's Financial Strength distribution charts can be found below:
* The bar in red indicates where Heartland Payment Systems's Financial Strength falls into.
Heartland Payment Systems 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:
Heartland Payment Systems's Interest Expense for the
months ended in Dec. 2015 was $-3 Mil. Its Operating Income for the
months ended in Dec. 2015 was $35 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was $438 Mil.
Heartland Payment Systems's Interest Coverage for the quarter that ended in Dec. 2015 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Heartland Payment Systems's Debt to Revenue Ratio for the quarter that ended in Dec. 2015 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.
Heartland Payment Systems 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.
Heartland Payment Systems (Heartland Payment Systems) Business Description
Traded in Other Exchanges
N/A
Address
Heartland Payment Systems Inc was incorporated in the state of Delaware on June 2000. The Company provides Card Payment Processing services to merchants in the United States which involves providing end-to-end electronic payment processing services to merchants. For this the Company undertakes merchant set-up and training, transaction authorization and electronic draft capture, clearing and settlement, merchant accounting, merchant assistance and support, and risk management. The Company sells and rents point-of-sale devices. The Company's customers fall into two categories: small and mid-sized merchants, or SME merchants and Network Services merchants, which are predominately petroleum industry merchants of all sizes. Further, the Company provides additional services such as Heartland School Solutions, Heartland Ovation Payroll, Campus Solutions, Micropayments, and Heartland Marketing Solutions. As of December 31, 2013, the Company provided card payment processing services to 166,697 active SME merchants located across the United States. In addition to settling card transactions, Network Services processes a wide range of payment transactions for its predominantly petroleum customer base, including providing 2.3 billion transaction authorizations through its front-end card processing systems in 2013. The Card Payment Processing revenue from SME merchants and Network Services merchants is recurring in nature. The Company enters into three year service contracts with its SME merchants and three to five year agreements with Network Services merchants. The Company's merchant base include restaurants, brick and mortar retailers, hotel and lodgings, automotive sales and repair shops, convenience and liquor stores, professional service providers and gas stations. As of December 31, 2013 the Company served 42,069 independent restaurants and had partner agreements with approximatley 250 trade associations. The Company has developed number of payment processing systems to increase the operating efficiencies such as HPS Exchange, VAPS and NWS and Passport. The Company undertakes procedures such as Merchant Monitoring, Investigation and Loss Prevention, Underwriting and Collateral to minimize the transaction fraud. The Company's marketing efforts are focused on industries in which its direct sales model is effective on merchants who are typically on location, interact with customers, value a local sales presence, and consult with trade associations and other civic groups to make purchasing decisions.
Executives
| Maureen Breakiron-evans |
director |
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666 |
| Robert H Niehaus |
director |
4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142 |
| Baldwin Robert H B Jr |
officer: Vice Chairman |
C/O HEARTLAND PAYMENT SYSTEMS, INC., 90 NASSAU STREET, PRINCETON NJ 08542 |
| Mitchell L Hollin |
director |
TWO GREENVILLE CROSSING, 4005 KENNETH PIKE, SUITE 220, GREENVILLE DE 19807 |
| David L Gilbert |
officer: President - Hospitality Group |
305 HARTMANN DR, LEBANON TN 37087 |
| Charles Kallenbach |
officer: Chief Legal Officer, GC & Sec. |
1100 CASSATT ROAD, C/O SUNCOM WIRELESS, BERWYN PA 19312 |
| Greenhill Capital Partners, Llc |
other: Shareholder w/ Board Represent |
300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022 |
| Greenhill & Co Inc |
other: Shareholder w/Bd. Rep |
1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020 |
| Robert F Greenhill |
other: Shareholder w/Bd. Rep |
|
| Scott L Bok |
other: Shareholder w/Bd. Rep |
|
| Gcp 2000, Llc |
other: Shareholder w/Bd. Rep |
300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022 |
| Gcp Managing Partner, L.p. |
other: Shareholder w/ Board Represent |
300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022 |
| L.p. Gcp, |
other: Shareholder w/Bd. Rep |
300 PARK AVENUE, 23RD FLOOR, NEW YORK NY 10022 |
Heartland Payment Systems (Heartland Payment Systems) Headlines
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