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Brookfield Property Partners LP (Brookfield Property Partners LP) Financial Strength : 0 (As of Mar. 2024)


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What is Brookfield Property Partners LP Financial Strength?

Brookfield Property Partners LP has the Financial Strength Rank of 0.

Warning Sign:

Brookfield Property Partners LP displays poor financial strength. Usually this is caused by too much debt for the company.

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.

Brookfield Property Partners LP's Interest Coverage for the quarter that ended in Mar. 2024 was 0.69. Brookfield Property Partners LP's debt to revenue ratio for the quarter that ended in Mar. 2024 was 7.70. As of today, Brookfield Property Partners LP's Altman Z-Score is 0.08.


Competitive Comparison of Brookfield Property Partners LP's Financial Strength

For the Real Estate Services subindustry, Brookfield Property Partners LP'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.


Brookfield Property Partners LP's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Brookfield Property Partners LP's Financial Strength distribution charts can be found below:

* The bar in red indicates where Brookfield Property Partners LP's Financial Strength falls into.



Brookfield Property Partners LP 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:

Brookfield Property Partners LP's Interest Expense for the months ended in Mar. 2024 was $-1,213.00 Mil. Its Operating Income for the months ended in Mar. 2024 was $832.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $53,535.00 Mil.

Brookfield Property Partners LP's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*832/-1213
=0.69

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

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Brookfield Property Partners LP interest coverage is 1.04, which is low.

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

Brookfield Property Partners LP's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(17899 + 53535) / 9280
=7.70

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.

Brookfield Property Partners LP has a Z-score of 0.08, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.08 is in distress zone. 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.


Brookfield Property Partners LP  (NAS:BPYPN.PFD) 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.

Brookfield Property Partners LP has the Financial Strength Rank of 0.


Brookfield Property Partners LP Financial Strength Related Terms

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Brookfield Property Partners LP (Brookfield Property Partners LP) Business Description

Traded in Other Exchanges
Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being an owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment includes Core Office, Core Retail, LP Investments, and Corporate Segments. The company operates in various sectors such as the office sector, retail sector, industrial, multifamily, hospitality, triple net lease, and corporate sector. It generates a majority of revenue from the LP Investments segment.

Brookfield Property Partners LP (Brookfield Property Partners LP) Headlines

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