Marlin Business Services (Marlin Business Services) Financial Strength : 5 (As of Sep. 2021)

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What is Marlin Business Services Financial Strength?

Marlin Business Services has the Financial Strength Rank of 5.

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 Marlin Business Services's interest coverage with the available data. Marlin Business Services's debt to revenue ratio for the quarter that ended in Sep. 2021 was 0.24. Altman Z-Score does not apply to banks and insurance companies.

Marlin Business Services 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:

Marlin Business Services's Interest Expense for the months ended in Sep. 2021 was $-2.59 Mil. Its Operating Income for the months ended in Sep. 2021 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $19.81 Mil.

Marlin Business Services's Interest Coverage for the quarter that ended in Sep. 2021 is

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

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

Marlin Business Services'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
	=	(0	+	19.81)	/	82.184
	=	0.24

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.

Marlin Business Services (NAS:MRLN) 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.

Marlin Business Services has the Financial Strength Rank of 5.

Marlin Business Services Financial Strength Related Terms

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Marlin Business Services (Marlin Business Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Marlin Business Services Corp (NAS:MRLN) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Fellowship Road, Mount Laurel, NJ, USA, 08054

Website

https://www.marlincapitalsolutions.com

Marlin Business Services Corp is a provider of credit products and services to small businesses. The company provide equipment financing programs to manufacturers, distributors and dealers to help increase their sales and meet the needs of their small business customers. Marlin derives its revenue from interest and fees from leases and loans and, to a lesser extent, income from its property insurance program and other fee income.

Executives

Jeffrey Albert Hilzinger	officer: Chief Executive Officer	3 CEDAR RIDGE DRIVE, CHESTER NJ 07930
Matthew J Sullivan	10 percent owner	1230 PEACHTREE STREET, NE SUITE 1900 ATLANTA GA 30309
Lawrence J Deangelo	director	C/O MARLIN BUSINESS SERVICES CORP 124 GAITHER DR MOUNT LAUREL NJ 08054
Ryan S Melcher	officer: SVP and General Counsel	C/O MARLIN BUSINESS SERVICES CORP. 300 FELLOWSHIP ROAD MT. LAUREL NJ 07728
Michael R Bogansky	officer: Chief Financial Officer	C/O PHH CORPORATION 3000 LEADENHALL ROAD MT. LAUREL NJ 08054
Willem Mesdag	10 percent owner	C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
James Sherlock	officer: Senior Vice President	8 WILCOTE WAY MEDFORD NJ 08055
Dietz Edward Ralph Jr.	officer: General Counsel	139 GLENWOOD ROAD HADDONFIELD NJ 08033
James W Wert	director
Aswin Rajappa	officer: Chief Marketing Officer	1 GREYLYNNE DRIVE PRINCETON NJ 08540
Laura C Anger	officer: Chief Human Resources Officer	C/O FLAGSTAR BANCORP INC., 5151 CORPORATE DRIVE, TROY MI 48098
Louis Evan Maslowe	officer: Chief Credit Officer	11 SOUTHWINDS LANE MALVERN PA 19355
Edward John Siciliano	officer: Chief Sales Officer	343 CHRISTOPHER DRIVE PRINCETON NJ 08540
Michael Louis Mattingly	officer: Senior Vice President	223 NATHAN DRIVE CINNAMINSON NJ 08077
Gregory Lee Sting	officer: Senior Vice President	4 SHEFFIELD COURT MEDFORD NJ 08055