Morgan Stanley Asia Pacific Fund (Morgan Stanley Asia Pacific Fund) Financial Strength : 0 (As of Jun. 2018)

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What is Morgan Stanley Asia Pacific Fund Financial Strength?

Morgan Stanley Asia Pacific Fund 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.

GuruFocus does not calculate Morgan Stanley Asia Pacific Fund's interest coverage with the available data. Morgan Stanley Asia Pacific Fund's debt to revenue ratio for the quarter that ended in Jun. 2018 was 0.00. Altman Z-Score does not apply to banks and insurance companies.

Morgan Stanley Asia Pacific Fund 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:

Morgan Stanley Asia Pacific Fund's Interest Expense for the months ended in Jun. 2018 was $0 Mil. Its Operating Income for the months ended in Jun. 2018 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0 Mil.

Morgan Stanley Asia Pacific Fund's Interest Coverage for the quarter that ended in Jun. 2018 is

Morgan Stanley Asia Pacific Fund 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.

Morgan Stanley Asia Pacific Fund's Debt to Revenue Ratio for the quarter that ended in Jun. 2018 is

Debt to Revenue Ratio	=	Total Debt (Q: Jun. 2018 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	0)	/	-32.364
	=	0.00

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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.

Morgan Stanley Asia Pacific Fund (NYSE:APF) 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.

Morgan Stanley Asia Pacific Fund has the Financial Strength Rank of 0.

Morgan Stanley Asia Pacific Fund Financial Strength Related Terms

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Morgan Stanley Asia Pacific Fund (Morgan Stanley Asia Pacific Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morgan Stanley Asia Pacific Fund Inc (NYSE:APF) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

522 Fifth Avenue, New York, NY, USA, 10036

Website

http://www.morganstanley.com

Morgan Stanley Asia Pacific Fund Inc is US-based closed-end management investment company. The fund's investment objective is to seek long-term capital appreciation through investments in equity securities of Asian-Pacific issuers and in debt securities issued or guaranteed by Asian Pacific governments or governmental entities. Its investment portfolio includes common stocks, warrants, and short-term investments. The company may also use derivative instruments to enhance its returns. Its majority of the revenue is generated from interest income, dividend and other income from investment made.

Executives

Amay Ashok Hattangadi	officer: Portfolio Manager	522 5TH AVENUE, NEW YORK NY 10036
Patricia A Maleski	director	C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Timothy J Knierim	officer: CCO	100 MULBERRY STREET, NEWARK NJ 07102
Jakki L. Haussler	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Nancy Everett	director	1812 PARK AVE, RICHMOND VA 23220
Joseph C Benedetti	officer: Vice President	C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
John H Gernon	officer: Principle Executive Officer	522 5TH AVENUE, NEW YORK NY 10036
May Yu	other: Portfolio Manager	MORGAN STANLEY INVESTMENT MANAGEMENT INC, 522 5TH AVENUE, NEW YORK X1 10036
Samuel Gene Rhee	other: Portfolio Manager	522 FIFTH AVENUE 19TH FLOOR, NEW YORK NY 10036
Munib Mohammad Madni	other: Portfolio Manager	MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, NEW YORK NY 10036
Arthur Jason Lev	officer: President and PEO	522 5TH AVENUE, NEW YORK NY 10036
Sara Furber	officer: President & PEO	MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVE, NEW YORK NY 10036
Arthur Pollock	other: Portfolio Manager	522 5TH AVENUE- 20TH FLOOR, NEW YORK NY 10036
Mary Ann Picciotto	officer: CCO of the Advisor	LORD, ABBETT & CO. LLC, 90 HUDSON STREET, JERSEY CITY NJ 07302
Frank J Smith	officer: PFO & Treasuer	C/O MORGAN STANLEY INVESTMENT MAN, 1221 AVENUE OF THE AVENUE 22ND FL, NEW YORK NY 10020