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DFV Deutsche Familienversicherung AG (STU:DFV) Financial Strength : 7 (As of Jun. 2023)


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What is DFV Deutsche Familienversicherung AG Financial Strength?

DFV Deutsche Familienversicherung AG 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.

DFV Deutsche Familienversicherung AG did not have earnings to cover the interest expense. DFV Deutsche Familienversicherung AG's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


DFV Deutsche Familienversicherung AG 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:

DFV Deutsche Familienversicherung AG's Interest Expense for the months ended in Jun. 2023 was €-3.1 Mil. Its Operating Income for the months ended in Jun. 2023 was €0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.0 Mil.

DFV Deutsche Familienversicherung AG's Interest Coverage for the quarter that ended in Jun. 2023 is

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

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

DFV Deutsche Familienversicherung AG's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 122.424
=0.00

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.


DFV Deutsche Familienversicherung AG  (STU:DFV) 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.

DFV Deutsche Familienversicherung AG has the Financial Strength Rank of 7.


DFV Deutsche Familienversicherung AG Financial Strength Related Terms

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DFV Deutsche Familienversicherung AG (STU:DFV) Business Description

Traded in Other Exchanges
Address
Reuterweg 47, Frankfurt, DEU, 60323
DFV Deutsche Familienversicherung AG is an InsurTech company. As a digital insurance company, the company covers the entire value chain with its own products. The company's goal is to offer insurance products that people really need and understand immediately. The company offers its customers multiple supplementary health insurance (dental, health, and long-term care insurance) as well as property/casualty insurance. The company is developing the IT system in-house and is engaging the insurance industry with digital product designs throughout as well as the option of taking out policies via digital voice assistants. The Company sets new industry standards with its fully digitized product design and is the first insurance company to offer insurance contracts via Amazon Alexa.
Executives
Dr. Stefan M. Knoll Board of Directors