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HSBC USA 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.GuruFocus does not calculate HSBC USA's interest coverage with the available data. HSBC USA's debt to revenue ratio for the quarter that ended in Mar. 2016 was 9.95. Altman Z-Score does not apply to banks and insurance companies.
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:
HSBC USA's Interest Expense for the months ended in Mar. 2016 was $-326.00 Mil. Its Operating Income for the months ended in Mar. 2016 was $233.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $34,525.00 Mil.
HSBC USA's Interest Coverage for the quarter that ended in Mar. 2016 is
Interest Coverage | = | -1 | * | Operating Income (Q: Mar. 2016 ) | / | Interest Expense (Q: Mar. 2016 ) |
= | -1 | * | 233 | / | -326 | |
= | 0.71 |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
HSBC USA's Debt to Revenue Ratio for the quarter that ended in Mar. 2016 is
Debt to Revenue Ratio | = | Total Debt (Q: Mar. 2016 ) | / | Revenue | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Revenue | |
= | (9897 | + | 34525) | / | 4464 | |
= | 9.95 |
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.
HSBC USA (NYSE:HUSIPRFCL.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.
HSBC USA has the Financial Strength Rank of 0.
Thank you for viewing the detailed overview of HSBC USA's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Stuart A Alderoty | officer: Sr Ex V.P. and General Counsel | C/O CIT GROUP INC. 11 WEST 42ND STREET NEW YORK NY 10036 |
Jane Cecile Sherburne | director | ONE WALL STREET, NEW YORK NY 10286 |
Robert Herdman | director | ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172 |
Mark Alan Zaeske | officer: SEVP and CFO | 2500 LAKE COOK ROAD, RIVERWOODS IL 60015 |
Thomas K Whitford | director | 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222 |
Gregory T Zeeman | officer: EVP and Chief Operating Off | C/O HSBC NORTH AMERICA, 26525 N. RIVERWOODS BLVD., METTAWA IL 60045 |
Eric K Ferren | officer: Exec VP & Chief Acctg Officer | C/O THE ALLSTATE CORPORATION, 2775 SANDERS ROAD, NORTHBROOK IL 60062 |
Lisa M Sodeika | officer: EVP-Communications | C/O DEVRY EDUCATION GROUP, 3005 HIGHLAND PARKWAY, DOWNERS GROVE IL 60515 |
John T Mcginnis | officer: SEVP and CFO | C/O MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212 |
Kevin M Blakely | director | HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287 |
Gary E Peterson | officer: SEVP, Chief Compliance Officer | C/O HSBC BANK USA, N.A., 11 WEST 42ND STREET, NEW YORK NY 10036 |
Patrick A Cozza | officer: SEVP, Reg Head of Insurance | C/O HSBC INSURANCE, 545 WASHINGTON BLVD, JERSEY CITY NJ 07310 |
Louis Jr Hernandez | director | AVID, 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Mary E Bilbrey | officer: EVP, Hd of Human Resources USA | C/O HSBC NORTH AMERICA HOLDINGS INC., 452 FIFTH AVENUE NY 10018 |
Nancy G. Mistretta | director | 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041 |
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