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DHB Capital (DHB Capital) Financial Strength : 7 (As of Sep. 2022)


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What is DHB Capital Financial Strength?

DHB Capital has the Financial Strength Rank of 7.

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.

DHB Capital has no long-term debt (1). As of today, DHB Capital's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of DHB Capital's Financial Strength

For the Shell Companies subindustry, DHB Capital'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.


DHB Capital's Financial Strength Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, DHB Capital's Financial Strength distribution charts can be found below:

* The bar in red indicates where DHB Capital's Financial Strength falls into.



DHB Capital 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:

DHB Capital's Interest Expense for the months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the months ended in Sep. 2022 was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil.

DHB Capital's Interest Coverage for the quarter that ended in Sep. 2022 is

DHB Capital 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.

DHB Capital's Debt to Revenue Ratio for the quarter that ended in Sep. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.45 + 0) / 0
=N/A

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.

DHB Capital 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.


DHB Capital  (NAS:DHBC) 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.

DHB Capital has the Financial Strength Rank of 7.


DHB Capital Financial Strength Related Terms

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


DHB Capital (DHB Capital) Business Description

Traded in Other Exchanges
N/A
Address
5 Brewster Street, Suite 2105, Glen Cove, NY, USA, 11542
DHB Capital Corp is a blank check company.
Executives
R Eugene Taylor director BANK OF AMERICA CORP, 100 NORTH TRYON ST NC1-007-57-01, CHARLOTTE NC 28255
Richard M Demartini director, 10 percent owner, officer: Co-Executive Chairman BANK OF AMERICA CORP, 9 WEST 57TH STREET NY1-301-48-02, NEW YORK NY 10019
Hurst Robert J/ny director, 10 percent owner, officer: Co-Executive Chairman C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004
Alex J. Binderow director, 10 percent owner, officer: CEO and President C/O CRESTVIEW ADVISORS, L.L.C., 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
Marshall Lux director 5 BREWSTER STREET #2105, GLEN COVE NY 11542
Vinay Nair director 250 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019-7599
Dhb Capital Llc 10 percent owner 200 CHAMBERS STREET, APARTMENT 27B, NEW YORK NY 10007
Sharon French director 5 BREWSTER STREET #2105, GLEN COVE NY 11542