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RFAC (RF Acquisition) Financial Strength : 7 (As of Sep. 2024)


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What is RF Acquisition Financial Strength?

RF 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.

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

For the Shell Companies subindustry, RF 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.


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

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

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



RF 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:

RF Acquisition's Interest Expense for the months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the months ended in Sep. 2024 was $-0.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil.

RF Acquisition's Interest Coverage for the quarter that ended in Sep. 2024 is

RF 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.

RF Acquisition's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.726 + 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.

RF 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.


RF Acquisition  (NAS:RFAC) 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.

RF Acquisition has the Financial Strength Rank of 7.


RF Acquisition Financial Strength Related Terms

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RF Acquisition Business Description

Traded in Other Exchanges
N/A
Address
111 Somerset, Number 05-06, Singapore, SGP, 238164
Website
RF Acquisition Corp is a blank check company.
Executives
Thou Melvin Ong Xeng director C/O CCIF ACQUISITION CORP., 150 E. 52ND STREET, SUITE 20001, NEW YORK NY 10022
Benjamin Waisbren director 30 WALL STREET, 8TH FLOOR, NEW YORK NY 10005
Rf Dynamic Llc 10 percent owner 111 SOMERSET, #05-06, SINGAPORE U0 238164
Vincent Yang Hui director C/O RF ACQUISITION CORP., 111 SOMERSET, #05-06, SINGAPORE TX 238164
Ong Simon Eng Hock director C/O RF ACQUISITION CORP., 111 SOMERSET, #05-06, SINGAPORE TX 238164
Tse Meng Ng director, officer: Chief Executive Officer C/O RF ACQUISITION CORP., 111 SOMERSET, #05-06, SINGAPORE TX 238164
Han Hsiung Lim director, officer: CFO and COO C/O RF ACQUISITION CORP., 111 SOMERSET, #05-06, SINGAPORE TX 238164