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JPMorgan Private Equity (LSE:JPEZ) Financial Strength : 8 (As of Dec. 2023)


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What is JPMorgan Private Equity Financial Strength?

JPMorgan Private Equity has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

JPEL Private Equity Ltd shows strong financial strength.

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.

GuruFocus does not calculate JPMorgan Private Equity's interest coverage with the available data. JPMorgan Private Equity's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


JPMorgan Private Equity 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:

JPMorgan Private Equity's Interest Expense for the months ended in Dec. 2023 was £0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil.

JPMorgan Private Equity's Interest Coverage for the quarter that ended in Dec. 2023 is

JPMorgan Private Equity had no long-term debt (1).

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

Good Sign:

JPEL Private Equity Ltd has no debt.

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

JPMorgan Private Equity's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / -3.348
=0.00

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.


JPMorgan Private Equity  (LSE:JPEZ) 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.

JPMorgan Private Equity has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


JPMorgan Private Equity Financial Strength Related Terms

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JPMorgan Private Equity (LSE:JPEZ) Business Description

Traded in Other Exchanges
Address
Ground Floor, Cambridge House, Le Truchot, Saint Peter Port, GGY, GY1 1WD
JPEL Private Equity Ltd is a Guernsey registered closed-ended investment company. Its principal activity is to invest in private equity funds, unquoted and public companies, and subsidiaries. The company's investment objective is to achieve both short-term and long-term capital appreciation by investing in a well-diversified portfolio of private equity interests and by capitalizing on the inefficiencies of the global secondary private equity market. It pursues various strategies such as acquiring secondary portfolios of direct investments and investing partnership investments to accelerate NAV development; investing in buyout, venture capital, and special situations funds.