What is Square 1 Financial Financial Strength?
Square 1 Financial 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.
GuruFocus does not calculate Square 1 Financial's interest coverage with the available data.
Square 1 Financial's debt to revenue ratio for the quarter that ended in Jun. 2015 was 0.00.
Altman Z-Score does not apply to banks and insurance companies.
Square 1 Financial 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:
Square 1 Financial's Interest Expense for the
months ended in Jun. 2015 was $-0.2 Mil. Its Operating Income for the
months ended in Jun. 2015 was $15.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $0.0 Mil.
Square 1 Financial's Interest Coverage for the quarter that ended in Jun. 2015 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Square 1 Financial's Debt to Revenue Ratio for the quarter that ended in Jun. 2015 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.
Altman Z-Score does not apply to banks and insurance companies.
* 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.
Square 1 Financial (Square 1 Financial) Business Description
Traded in Other Exchanges
N/A
Address
Square 1 Financial Inc is incorporated in Delaware on October, 2004. The Company is a financial services company, providing financial services to entrepreneurs and venture capitalists. The Company is bank holding company for Square 1 Bank. Through Square 1 Bank, the Company provides banking activities on venture capital firms and private equity firms and the portfolio companies funded by such firms. It provides various financial services nationwide to these investors and their portfolio companies, including, among others, term commercial loans, revolving lines of credit, asset-based loans, deposit products and fee-based banking services, including credit cards, foreign exchange, cash management and letters of credit. The Company also provides senior debt facilities to its borrowers that are secured by substantially all of the assets of the borrower client. In some instances, it also obtain the guarantee of the venture firm that provided venture capital to its borrower client or, in the case of a borrower that has not received venture capital funding, a guarantee of individuals associated with the borrower. For early stage companies, the primary source of repayment is typically cash collateral held in accounts with the bank.
Executives
| Patrick Timothy Oakes |
officer: EVP & CFO |
406 BLACKWELL STREET SUITE 240 DURHAM NC 27701 |
| John Pietrzak |
director |
WEST COAST BANCORP, 5335 MEADOWS ROAD, SUITE 201, LAKE OSWEGO OR 97035 |
| W Kirk Wycoff |
director |
PATRIOT FINANCIAL PARTNERS, LP, 2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104 |
| Seth Rudnick |
director |
7100 WEST CREDIT AVENUE, SUITE 101, C/O ARALEZ PHARMACEUTICALS, MISSISSAUGA A6 L5N 0E4 |
| Diane Earle |
officer: EVP -- Chief Credit Officer |
312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
| Gregory Bruce Thompson |
officer: EVP -- Shared Services |
406 BLACKWELL STREET, SUITE 240, DURHAM NC 27701 |
| Frank Tower |
officer: EVP -- East Banking |
PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212 |
| Paul Robert Burke |
director |
PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212 |
| Douglas H Bowers |
director, officer: President & CEO |
406 BLACKWELL STREET, SUITE 240, DURHAM NC 27701 |
| Daniel Roy Mathis |
director |
2352 ZODIAC ST., CARLSBAD CA 92009 |
| Sam Bhaumik |
officer: EVP-Silicon Valley Banking |
406 BLACKWELL STREET, SUITE 240, DURHAM NC 27701 |
| Norman Creighton |
director |
9601 WILSHIRE BOULEVARD, SUITE 220, BEVERLY HILLS CA 90210 |
| Robert I Usdan |
director |
99 PARK AVENUE, NEW YORK NY 10016 |
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