GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sherborne Investors (Guernsey) C Ltd (LSE:SIGC) » Definitions » Financial Strength

Sherborne Investors (Guernsey) C (LSE:SIGC) Financial Strength : 7 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Sherborne Investors (Guernsey) C Financial Strength?

Sherborne Investors (Guernsey) C has the Financial Strength Rank of 7.

Good Sign:

Sherborne Investors (Guernsey) C 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 Sherborne Investors (Guernsey) C's interest coverage with the available data. Sherborne Investors (Guernsey) C'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.


Sherborne Investors (Guernsey) C 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:

Sherborne Investors (Guernsey) C'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.

Sherborne Investors (Guernsey) C's Interest Coverage for the quarter that ended in Dec. 2023 is

Sherborne Investors (Guernsey) C had no long-term debt (1).

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

Good Sign:

Sherborne Investors (Guernsey) C Ltd has no debt.

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

Sherborne Investors (Guernsey) C'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) / -1.05
=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.


Sherborne Investors (Guernsey) C  (LSE:SIGC) 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.

Sherborne Investors (Guernsey) C has the Financial Strength Rank of 7.


Sherborne Investors (Guernsey) C Financial Strength Related Terms

Thank you for viewing the detailed overview of Sherborne Investors (Guernsey) C's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Sherborne Investors (Guernsey) C (LSE:SIGC) Business Description

Traded in Other Exchanges
N/A
Address
Royal Avenue, 1 Royal Plaza, St Peter Port, GGY, GY1 2HL
Sherborne Investors (Guernsey) C Ltd is a closed-ended investment company. Its investment objective is to realize capital growth from investment in a target company identified by the investment manager to generate a significant capital return for shareholders. The Company's investment policy is to invest in a publicly quoted company that it considers to be undervalued as a result of operational deficiencies and which it believes can be rectified by the Investment Manager's active involvement, thereby increasing the value of the investment.