Amlin (APLCF) Financial Strength : 0 (As of Jun. 2015)

View and export this data going back to . Start your Free Trial

What is Amlin Financial Strength?

Amlin 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.

Amlin's Interest Coverage for the quarter that ended in Jun. 2015 was 12.94. Amlin's debt to revenue ratio for the quarter that ended in Jun. 2015 was 0.03. Altman Z-Score does not apply to banks and insurance companies.

Amlin 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:

Amlin's Interest Expense for the months ended in Jun. 2015 was $-19 Mil. Its Operating Income for the months ended in Jun. 2015 was $241 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $106 Mil.

Amlin's Interest Coverage for the quarter that ended in Jun. 2015 is

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2015 )	/	Interest Expense (Q: Jun. 2015 )
	=	-1	*	241.121	/	-18.692
	=	12.90

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

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

Amlin's Debt to Revenue Ratio for the quarter that ended in Jun. 2015 is

Debt to Revenue Ratio	=	Total Debt (Q: Jun. 2015 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	105.763)	/	3544.236
	=	0.03

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.

Amlin (OTCPK:APLCF) 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.

Amlin has the Financial Strength Rank of 0.

Amlin Financial Strength Related Terms

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

Amlin (APLCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Amlin PLC (OTCPK:APLCF) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.amlin.com

Amlin PLC was incorporated on September 17, 1993. The Company is engaged in non-life insurance and reinsurance underwriting in the Lloyd's market, Bermuda and Continental Europe. It specialises in providing insurance cover to commercial enterprises and reinsurance protection to other insurance companies around the world. The group operates six segments through: Amlin London, consisting of the Reinsurance, Property & Casualty, Marine and Aviation business units, underwritten via Syndicate 2001; Amlin UK, underwriting commercial insurance in the UK domestic market, via Syndicate 2001 and Amlin Insurance (UK) Limited; Amlin Bermuda, which writes predominantly property reinsurance business, via Amlin AG, including reinsurance ceded by Syndicate 2001; Amlin Re Europe, which writes Continental European non-life reinsurance business, via Amlin AG; Amlin Europe, including Amlin Europe N.V., a provider of marine, corporate property and casualty insurance in the Netherlands and Belgium and specialty business in France; and Other corporate companies, comprising all other entities of the Group including holding companies.