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Fidelity Holding (Fidelity Holding) Financial Strength : 0 (As of . 20)


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What is Fidelity Holding Financial Strength?

Fidelity Holding 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.

Fidelity Holding did not have earnings to cover the interest expense. As of today, Fidelity Holding's Altman Z-Score is 0.00.


Competitive Comparison of Fidelity Holding's Financial Strength

For the Shell Companies subindustry, Fidelity Holding'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.


Fidelity Holding's Financial Strength Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Fidelity Holding's Financial Strength falls into.



Fidelity Holding 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:

Fidelity Holding's Interest Expense for the months ended in . 20 was $0.00 Mil. Its Operating Income for the months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.

Fidelity Holding's Interest Coverage for the quarter that ended in . 20 is

Fidelity Holding 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.

Fidelity Holding's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 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.

Fidelity Holding 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.


Fidelity Holding  (OTCPK:FDHC) 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.

Fidelity Holding has the Financial Strength Rank of 0.


Fidelity Holding Financial Strength Related Terms

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


Fidelity Holding (Fidelity Holding) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1, 14th Floor, Bank of East Asia, Harbour View Center, Wan Chai, Hong Kong, HKG, 999077
Fidelity Holding Corp divested of previous operations and seeking new business opportunities. Previously, the company through its subsidiary has developed proprietary technology which is focused on the recovery of heavy oil from mature onshore U.S. fields. It is looking to acquire and invest in strategic intellectual property assets, financial technology, and global supply chain opportunities.

Fidelity Holding (Fidelity Holding) Headlines