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RCF Acquisition (RCF Acquisition) Financial Strength : 7 (As of Dec. 2023)


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What is RCF Acquisition Financial Strength?

RCF Acquisition has the Financial Strength Rank of 7.

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.

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


Competitive Comparison of RCF Acquisition's Financial Strength

For the Shell Companies subindustry, RCF 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.


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

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

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



RCF 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:

RCF Acquisition's Interest Expense for the months ended in Dec. 2023 was $-0.02 Mil. Its Operating Income for the months ended in Dec. 2023 was $-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

RCF Acquisition's Interest Coverage for the quarter that ended in Dec. 2023 is

RCF Acquisition did not have earnings to cover the interest expense.

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

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

RCF Acquisition'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
=(1 + 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.

RCF 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.


RCF Acquisition  (NYSE:RCFA) 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.

RCF Acquisition has the Financial Strength Rank of 7.


RCF Acquisition Financial Strength Related Terms

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


RCF Acquisition (RCF Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1400 Wewatta Street, Suite 850, Denver, CO, USA, 80202
RCF Acquisition Corp is a blank check company.
Executives
Hugo Dryland director 1400 WEWATTA STREET, SUITE 850, DENVER CO 80202
Timothy C. Baker director 10901 W TOLLER DRIVE, LITTLETON CO 80127
Thomas Boehlert director, officer: Chief Financial Officer C/O BUNGE LIMITED, 50 MAIN STREET, 6TH FLOOR, WHITE PLAINS NY 10606
Goodey Elodie Grant director 1400 SIXTEENTH STREET, SUITE 200, DENVER CO 80202
Daniel Malchuk director 1400 SIXTEENTH STREET, SUITE 200, DENVER CO 80202
Robin Anne Bienenstock director 1400 SIXTEENTH STREET, SUITE 200, DENVER CO 80202
James T Mcclements director 1400 SIXTEENTH STREET, SUITE 200, DENVER CO 80202
Shah S Sunny director, officer: Chief Executive Officer 1400 SIXTEENTH STREET, SUITE 200, DENVER CO 80202
Rcf Vii Sponsor Llc director, 10 percent owner 1400 SIXTEENTH STREET, SUITE 200, DENVER CO 80202