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IMS Health Holdings (IMS Health Holdings) Financial Strength : 0 (As of Jun. 2016)


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What is IMS Health Holdings Financial Strength?

IMS Health Holdings 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.

IMS Health Holdings's Interest Coverage for the quarter that ended in Jun. 2016 was 1.68. IMS Health Holdings's debt to revenue ratio for the quarter that ended in Jun. 2016 was 1.40. As of today, IMS Health Holdings's Altman Z-Score is 0.00.


Competitive Comparison of IMS Health Holdings's Financial Strength

For the Health Information Services subindustry, IMS Health Holdings'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.


IMS Health Holdings's Financial Strength Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, IMS Health Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where IMS Health Holdings's Financial Strength falls into.



IMS Health Holdings 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:

IMS Health Holdings's Interest Expense for the months ended in Jun. 2016 was $-47 Mil. Its Operating Income for the months ended in Jun. 2016 was $79 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $4,417 Mil.

IMS Health Holdings's Interest Coverage for the quarter that ended in Jun. 2016 is

Interest Coverage=-1*Operating Income (Q: Jun. 2016 )/Interest Expense (Q: Jun. 2016 )
=-1*79/-47
=1.68

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

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

IMS Health Holdings's Debt to Revenue Ratio for the quarter that ended in Jun. 2016 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2016 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(82 + 4417) / 3208
=1.40

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.

IMS Health Holdings 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.


IMS Health Holdings  (NYSE:IMS) 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.

IMS Health Holdings has the Financial Strength Rank of 0.


IMS Health Holdings Financial Strength Related Terms

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


IMS Health Holdings (IMS Health Holdings) Business Description

Traded in Other Exchanges
N/A
Address
IMS Health Holdings Inc was formed on October 23, 2009 in Delaware. The Company is an information and technology services company. It provides clients in the healthcare industry with comprehensive solutions to measure and improve their performance. It has collections of healthcare information, spanning sales, prescription and promotional data, medical claims, electronic medical records and social media. The Company provides service to healthcare organizations and decision makers around the world, spanning the breadth of life science companies, including pharmaceutical, biotechnology, consumer health and medical device manufacturers, as well as distributors, providers, payers, government agencies, policymakers, researchers and the financial community. The Company offers various information offerings developed to meet its clients' needs by using data secured from network of suppliers. The Company's offerings compete with various firms, including Accenture, Cognizant Technology Solutions, Covance, Deloitte, Evidera, GfK, Health Market Science, IBM, Infosys, inVentiv Health, Kantar Health, McKinsey, Nielsen, OptumInsight, Parexel, Press Ganey, Quintiles, RTI Health Solutions, Symphony Health Solutions, Synovate Healthcare, The Advisory Board, Trizetto, Verisk and ZS Associates. The Company has trademarks and service marks that it uses in connection with the operation of its business, including IMS Health, IMS, the IMS logo, IMS One, MIDAS, Xponent, DDD, AppScript, AppNucleus, MD360 Provider Performance Management and Evidence360.
Executives
Michael R Mcdonnell officer: EVP and CFO C/O IQVIA HOLDINGS INC., 83 WOOSTER HEIGHTS ROAD, DANBURY CT 06810
David Bonderman other: Former 10% Owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Lgp Associates V Llc director 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Peridot Coinvest Manager Llc director 11111 SANTA MONICA BOULEVARD, LOS ANGELES CA 90025
Green V Holdings, Llc director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors V, L.p. director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Side V, L.p. director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Gei Capital V, Llc director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Sharad Mansukani director C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
Lgp Management Inc director 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025
Leonard Green & Partners, L.p. director 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025
Jim Fasano director 83 WOOSTER HEIGHTS, DANBURY CT 06810
Cpp Investment Board Private Holdings, Inc. 10 percent owner ONE QUEEN STREET EAST,, SUITE 2500, TORONTO A6 M5C 2W5
Canada Pension Plan Investment Board 10 percent owner ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Kevin C Knightly officer: SVP, Information Offerings 1499 POST ROAD, FAIRFIELD CT 06824

IMS Health Holdings (IMS Health Holdings) Headlines

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