GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Netfin Acquisition Corp (NAS:NFINU) » Definitions » Financial Strength

Netfin Acquisition (Netfin Acquisition) Financial Strength : 0 (As of . 20)


View and export this data going back to 2019. Start your Free Trial

What is Netfin Acquisition Financial Strength?

Netfin Acquisition 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.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Netfin Acquisition did not have earnings to cover the interest expense. As of today, Netfin Acquisition's Altman Z-Score is 0.00.


Competitive Comparison of Netfin Acquisition's Financial Strength

For the Shell Companies subindustry, Netfin Acquisition'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.


Netfin Acquisition's Financial Strength Distribution in the Diversified Financial Services Industry

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

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



Netfin Acquisition 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:

Netfin Acquisition's Interest Expense for the months ended in . 20 was $0.00 Mil. Its Operating Income for the months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.

Netfin Acquisition's Interest Coverage for the quarter that ended in . 20 is

Netfin Acquisition 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.

Netfin Acquisition's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 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.

Netfin Acquisition 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.


Netfin Acquisition  (NAS:NFINU) 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.

Netfin Acquisition has the Financial Strength Rank of 0.


Netfin Acquisition Financial Strength Related Terms

Thank you for viewing the detailed overview of Netfin Acquisition's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Netfin Acquisition (Netfin Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
445 Park Avenue, 9th Floor, New York, NY, USA, 10022
Website
Netfin Acquisition Corp is a blank check company.
Executives
Marat Rosenberg director, 10 percent owner, officer: President 17 FM 1830, ARGYLE TX 76226
Richard M Maurer director, 10 percent owner, officer: Chief Executive Officer THREE GATEWAY CENTER PITTSBURGH PA 15222
Mvr Netfin Llc 10 percent owner 1717 MCKINNEY AVENUE SUITE 700 DALLAS TX 75202
Vadim Komissarov director 77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Gerard Pascale officer: CFO and Secretary 28 COTTONWOOD LANE HILTON HEAD SC 22926
Martin S Jaskel director, officer: Executive Chairman 2 BROWNLOW COURT LYTTLETON ROAD LONDON X0 N20EA

Netfin Acquisition (Netfin Acquisition) Headlines

From GuruFocus

Steven Cohen Ups Stake in Blank Check Company Netfin Acquisition

By Sydnee Gatewood Sydnee Gatewood 10-06-2020