What is Mason Industrial Technology Financial Strength?
Mason Industrial Technology has the Financial Strength Rank of 0.
Good Sign:
Mason Industrial Technology Inc 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.
Mason Industrial Technology has no long-term debt (1).
As of today, Mason Industrial Technology'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 Mason Industrial Technology's Financial Strength
For the Shell Companies subindustry, Mason Industrial Technology'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.
Mason Industrial Technology's Financial Strength Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Mason Industrial Technology's Financial Strength distribution charts can be found below:
* The bar in red indicates where Mason Industrial Technology's Financial Strength falls into.
Mason Industrial Technology 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:
Mason Industrial Technology's Interest Expense for the
months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the
months ended in Sep. 2022 was $-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil.
Mason Industrial Technology's Interest Coverage for the quarter that ended in Sep. 2022 is
| Mason Industrial Technology 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.
Mason Industrial Technology's Debt to Revenue Ratio for the quarter that ended in Sep. 2022 is
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.
Mason Industrial Technology 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.
Mason Industrial Technology (Mason Industrial Technology) Business Description
Traded in Other Exchanges
N/A
Address
110 East 59th Street, New York, NY, USA, 10022
Mason Industrial Technology Inc is a blank check company.
Executives
| William B Plummer |
director |
C/O UNITED RENTALS INC / DE, 100 FIRST STAMFORD PL STE 700, STAMFORD CT 06902 |
| James L Bauman |
director |
3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000 |
| Mason Capital Management Llc |
director, 10 percent owner |
110 EAST 59TH STREET, 30TH FLOOR, NEW YORK NY 10022 |
| Kenneth M. Garschina |
10 percent owner |
110 EAST 59TH STREET, NEW YORK NY 10022 |
| Michael E Martino |
director, 10 percent owner |
110 EAST 59TH STREET, NEW YORK NY 10022 |
| Rose Edward Arthur Iii |
director, officer: Chief Executive Officer |
5255 VIRGINIA AVE, NORTH CHARLESTON SC 29406 |
| Sanford Marshall C Jr |
director |
1725 ATLANTIC AVE, SULLIVANS ISLAND SC 29482 |
| Mason Industrial Sponsor, Llc |
10 percent owner |
110 E. 59TH STREET, NEW YORK NY 10022 |
| Derek Satzinger |
director, officer: Chief Financial Officer |
110 E. 59TH STREET, NEW YORK NY 10022 |
| Diane M. Parisi |
director |
110 E. 59TH STREET, NEW YORK NY 10022 |
| Pamela Chepiga |
director |
110 E. 59TH STREET, NEW YORK NY 10022 |
| Philip B. Whitehead |
director |
110 E. 59TH STREET, NEW YORK NY 10022 |
| Mason Capital Master Fund, L.p. |
10 percent owner |
110 EAST 59TH STREET, NEW YORK NY 10022 |
| Mason Management Llc |
10 percent owner |
110 EAST 59TH STREET, NEW YORK NY 10022 |
Mason Industrial Technology (Mason Industrial Technology) Headlines
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