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CF Acquisition VI (CF Acquisition VI) Financial Strength : 8 (As of Jun. 2022)


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What is CF Acquisition VI Financial Strength?

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

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.

CF Acquisition VI has no long-term debt (1). As of today, CF Acquisition VI's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of CF Acquisition VI's Financial Strength

For the Shell Companies subindustry, CF Acquisition VI'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.


CF Acquisition VI's Financial Strength Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CF Acquisition VI's Financial Strength distribution charts can be found below:

* The bar in red indicates where CF Acquisition VI's Financial Strength falls into.



CF Acquisition VI 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:

CF Acquisition VI's Interest Expense for the months ended in Jun. 2022 was $0.00 Mil. Its Operating Income for the months ended in Jun. 2022 was $-0.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil.

CF Acquisition VI's Interest Coverage for the quarter that ended in Jun. 2022 is

CF Acquisition VI had no long-term debt (1).

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

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

CF Acquisition VI's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.173 + 0) / 0
=N/A

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.

CF Acquisition VI has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


CF Acquisition VI  (NAS:CFVI) 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.

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


CF Acquisition VI Financial Strength Related Terms

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CF Acquisition VI (CF Acquisition VI) Business Description

Traded in Other Exchanges
N/A
Address
110 East 59th Street, New York, NY, USA, 10022
Website
CF Acquisition Corp VI is a blank check company.
Executives
Paul T Cappuccio director TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Michael Jay Ellis officer: Gen.Counsel & Corp. Sectry 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ryan Milnes director, 10 percent owner 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Tyler Hughes officer: Chief Operating Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Wojciech Hlibowicki officer: Chief Technology Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Robert Arsov director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Brandon Alexandroff officer: Chief Financial Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Nancy Armstrong director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ethan Fallang director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Christopher Pavlovski director, 10 percent owner, officer: Chief Executive Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Claudio Ramolo officer: Chief Content Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Natasha Cornstein director CF ACQUISITION CORP. V, 110 EAST 59TH STREET, NEW YORK NY 10022
Steven Bisgay director 545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Jane Novak officer: Chief Financial Officer 110 EAST 59TH STREET, NEW YORK NY 10022
Elam Harry J. Jr. director CANTOR ACQUISITION CORP. VI, 110 EAST 59TH STREET, NEW YORK NY 10022