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Oaktree Acquisition (Oaktree Acquisition) Financial Strength : 0 (As of Sep. 2020)


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What is Oaktree Acquisition Financial Strength?

Oaktree 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.

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

For the Shell Companies subindustry, Oaktree 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.


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

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

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



Oaktree 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:

Oaktree Acquisition's Interest Expense for the months ended in Sep. 2020 was $0.00 Mil. Its Operating Income for the months ended in Sep. 2020 was $-2.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.00 Mil.

Oaktree Acquisition's Interest Coverage for the quarter that ended in Sep. 2020 is

Oaktree Acquisition had no long-term debt (1).

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

Good Sign:

Oaktree Acquisition Corp has no debt.

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

Oaktree Acquisition's Debt to Revenue Ratio for the quarter that ended in Sep. 2020 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2020 ) / 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.

Oaktree 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.


Oaktree Acquisition  (NYSE:OAC.U) 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.

Oaktree Acquisition has the Financial Strength Rank of 0.


Oaktree Acquisition Financial Strength Related Terms

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


Oaktree Acquisition (Oaktree Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Acquisition Corp is a blank check company.
Executives
Zaid Pardesi officer: Chief Financial Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Oaktree Holdings, Inc. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Paul M Meister director 18 SHIP ROCK ROAD, NORTH HAMPTON NH 03862
John Frank director C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Andrea L Wong director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Mathew Pendo officer: Chief Operating Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Anthony Grillo director PLEASANTVILLE RD, NEW VERNON NJ 07976
Alexander Taubman director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Patrick Mccaney director, officer: Chief Executive Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Acquisition Holdings Gp Ltd. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Acquisition Holdings, L.p. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071