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FTS International Financial Strength

: 8 (As of Sep. 2021)
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FTS International has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

FTS International Inc shows strong financial strength.

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 FTS International's interest coverage with the available data. FTS International's debt to revenue ratio for the quarter that ended in Sep. 2021 was 0.01. As of today, FTS International's Altman Z-Score is 3.85.


Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, FTS International'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.

   

FTS International Financial Strength Distribution

For the Oil & Gas industry and Energy sector, FTS International's Financial Strength distribution charts can be found below:

* The bar in red indicates where FTS International's Financial Strength falls into.



FTS International 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:

FTS International's Interest Expense for the months ended in Sep. 2021 was $0.0 Mil. Its Operating Income for the months ended in Sep. 2021 was $-7.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $1.9 Mil.

FTS International's Interest Coverage for the quarter that ended in Sep. 2021 is

GuruFocus does not calculate FTS International's interest coverage with the available data.

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

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

FTS International's Debt to Revenue Ratio for the quarter that ended in Sep. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.8 + 1.9) / 363.6
=0.01

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.

FTS International has a Z-score of 3.85, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.85 is strong.

* 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.


FTS International  (AMEX:FTSI) 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.

FTS International has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


FTS International Financial Strength Related Terms

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


FTS International Business Description

FTS International logo
Traded in Other Exchanges
N/A
Address
777 Main Street, Suite 2900, Fort Worth, TX, USA, 76102
FTS International Inc is operates in the energy sector of United States. It caters to the oil and gas industry as one of the largest providers of hydraulic fracturing services in North America. The objective of hydraulic fracturing is to enhance hydrocarbon flow in oil and natural gas wells, thereby increasing the amount of hydrocarbons recovered. The company also has significant maintenance and repair capabilities, and it manufactures replacement parts to support its operations and enhance its asset utilization.
Executives
Vitemb Jared officer: SVP, Gen Cnsl & Chf Compl Ofcr 777 MAIN STREET, SUITE 2906 FORT WORTH TX 76102
Doss Michael J director, officer: Chief Executive Officer 777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Petersen Buddy officer: Chief Operating Officer 777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Turner Lance D. officer: CFO and Treasurer 777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Thornton Karen D. officer: Chief Administrative Officer 777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Davis Eugene I director 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Gipson Derek director 777 MAIN STREET SUITE 2900 FORT WORTH TX 76102
Owen Robert Kelly director 777 MAIN STREET SUITE 2900 FORT WORTH TX 76102
Sayer Christopher Robert director FIS INTERNATIONAL, INC. 777 MAIN STREET, SUITE 2900 FORTH WORTH TX 76102
Thrc Management, Llc 10 percent owner 17018 INTERSTATE 20 CISCO TX 76437
Thrc Holdings, Lp 10 percent owner 17018 INTERSTATE 20 CISCO TX 76437
Wilks Staci 10 percent owner 17018 INTERSTATE 20 CISCO TX 76437
Wilks Dan H. 10 percent owner 17018 INTERSTATE 20 CISCO TX 76437
Glendon Capital Management Lp director, 10 percent owner 2425 OLYMPIC BLVD, SUITE 500E SANTA MONICA CA 90404
Russ Benjamin director 777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102

FTS International Headlines

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