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Lionheart Acquisition II (Lionheart Acquisition II) Financial Strength : 10 (As of Dec. 2021)


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What is Lionheart Acquisition II Financial Strength?

Lionheart Acquisition II has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

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.

Lionheart Acquisition II has no long-term debt (1). As of today, Lionheart Acquisition II'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 Lionheart Acquisition II's Financial Strength

For the Shell Companies subindustry, Lionheart Acquisition II'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.


Lionheart Acquisition II's Financial Strength Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lionheart Acquisition II's Financial Strength distribution charts can be found below:

* The bar in red indicates where Lionheart Acquisition II's Financial Strength falls into.



Lionheart Acquisition II 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:

Lionheart Acquisition II's Interest Expense for the months ended in Dec. 2021 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2021 was $-1.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil.

Lionheart Acquisition II's Interest Coverage for the quarter that ended in Dec. 2021 is

Lionheart Acquisition II 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.

Lionheart Acquisition II's Debt to Revenue Ratio for the quarter that ended in Dec. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 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.

Lionheart Acquisition II 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.


Lionheart Acquisition II  (NAS:LCAP) 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.

Lionheart Acquisition II has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Lionheart Acquisition II Financial Strength Related Terms

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Lionheart Acquisition II (Lionheart Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
4218 NE 2nd Avenue, Miami, FL, USA, 33137
Lionheart Acquisition Corp II is a blank check company.
Executives
Cala Faquiry Diaz officer: Chief Operating Officer 4218 NE 2ND AVENUE, MIAMI FL 33137
Thomas W Hawkins director GERALD STEVENS INC, PO BOX 350526, FORT LAUDERDALE FL 33335-0526
Lionheart Equities, Llc 10 percent owner C/O LIONHEART CAPITAL, LLC, 4218 NE 2ND AVENUE, MIAMI FL 33137
Ophir Sternberg director, 10 percent owner, officer: CEO and President C/O OPES ACQUISITION CORP., JAVIER BARROS SIERRA 540, OF. 103, MEXICO CITY O5 01210
Trevor Barran director, officer: Chief Operating Officer 4310 NE 2ND AVENUE, APT 1, MIAMI FL 33137
Thomas Clyde Byrne director C/O JUST ANOTHER ACQUISITION, CORP., 122 EAST 42ND STREET, UNIT 2015, NEW YORK NY 10168
Aman Kapadia director 4218 NE 2ND AVENUE, 2ND FL., MIAMI FL 33137
James Stephen Anderson director 4218 NE 2ND AVENUE 2ND FLOOR, MIAMI FL 33137
Roger Meltzer director 80 PINE STREET, C/O CAHILL GORDON& REINDELL LLP, NEW YORK NY 10005
Paul Howard Rapisarda officer: CFO and Secretary 151 SE 15TH ROAD, APT 1802, MIAMI FL 33129
Steven R Berrard director BIRMINGHAM STEEL, PO BOX 1208, BIRMINHAM AL 35201

Lionheart Acquisition II (Lionheart Acquisition II) Headlines

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