TSFGM.PFD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
TSFGM.PFD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
The South Financial Group 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.GuruFocus does not calculate The South Financial Group's interest coverage with the available data. The South Financial Group's debt to revenue ratio for the quarter that ended in Jun. 2010 was 3.24. Altman Z-Score does not apply to banks and insurance companies.
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:
The South Financial Group's Interest Expense for the months ended in Jun. 2010 was $-43.80 Mil. Its Operating Income for the months ended in Jun. 2010 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2010 was $1,116.21 Mil.
The South Financial Group's Interest Coverage for the quarter that ended in Jun. 2010 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
The South Financial Group's Debt to Revenue Ratio for the quarter that ended in Jun. 2010 is
Debt to Revenue Ratio | = | Total Debt (Q: Jun. 2010 ) | / | Revenue | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Revenue | |
= | (263.267 | + | 1116.206) | / | 425.732 | |
= | 3.24 |
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.
The South Financial Group (OTCPK:TSFGM.PFD) 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.
The South Financial Group has the Financial Strength Rank of 0.
Thank you for viewing the detailed overview of The South Financial Group's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
H Lynn Harton | officer: Interim CEO | C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512 |
Tanya A Butts | officer: Executive Vice President | 104 S. MAIN STREET, GREENVILLE SC 29601 |
James R Gordon | officer: Chief Financial Officer | 104 SOUTH MAIN STREET, GREENVILLE SC 29601 |
Robert A. Edwards | officer: EVP - Chief Risk Officer | C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514 |
Donald T Heroman | director | C/O EQUIFAX INC, 1550 PEACHTREE STREET, N.W., ATLANTA GA 30309 |
Christopher T Holmes | officer: Sr. Executive Vice President | C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201 |
Challis M Lowe | director | 100 MISSION RIDGE, GOODLETTSVILLE TN 37072 |
Hummers William S Iii | director | CAROLINA FIRST BANK, 102 S MAIN STREET, GREEENVILLE SC 29601 |
Maverick Capital Ltd | 10 percent owner | 1900 N. PEARL STREET, 20TH FLOOR, DALLAS TX 75201 |
Ainslie Lee S Iii | 10 percent owner | |
Maverick Capital Management Llc | 10 percent owner | 300 CRESCENT COURT, 18TH FLOOR, DALLAS TX 75201 |
Michael Hogan | director | 1359 21ST AVENUE N., SUITE 105, MYRTLE BEACH SC 29577 |
Andrew B Cheney | officer: Chairman/ Subsidiary Bank | C/O CITRUS BANK, 2110 RIVER ROAD, JACKSONVILLE FL 32207 |
Terry James W Jr | officer: Exec. Vice President | HOLLINGSWORTH FUNDS, INC., 123 VERDAE BLVD., SUITE 104, GREENVILLE SC 29607 |
Timothy K Schools | officer: Chief Financial Officer | 8 WOODLAND WAY, GREENVILLE SC 29601 |
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.