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Marlin Business Services Financial Strength

: 5 (As of Sep. 2021)
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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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Marlin Business Services Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

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


Marlin Business Services Business Description

Marlin Business Services logo
Traded in Other Exchanges
N/A
Address
300 Fellowship Road, Mount Laurel, NJ, USA, 08054
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
Melcher Ryan S officer: SVP and General Counsel C/O MARLIN BUSINESS SERVICES CORP. 300 FELLOWSHIP ROAD MT. LAUREL NJ 07728
Bogansky Michael R officer: Chief Financial Officer C/O PHH CORPORATION 3000 LEADENHALL ROAD MT. LAUREL NJ 08054
Anger Laura C officer: Chief Human Resources Officer C/O FLAGSTAR BANCORP INC. 5151 CORPORATE DRIVE TROY MI 48098
Rajappa Aswin officer: Chief Marketing Officer 1 GREYLYNNE DRIVE PRINCETON NJ 08540
Maslowe Louis Evan officer: Chief Credit Officer 11 SOUTHWINDS LANE MALVERN PA 19355
Mattingly Michael Louis officer: Senior Vice President 223 NATHAN DRIVE CINNAMINSON NJ 08077
Sherlock James officer: Senior Vice President 8 WILCOTE WAY MEDFORD NJ 08055
Sting Gregory Lee officer: Senior Vice President 4 SHEFFIELD COURT MEDFORD NJ 08055
Hilzinger Jeffrey Albert officer: Chief Executive Officer 3 CEDAR RIDGE DRIVE CHESTER NJ 07930
Kamp William Taylor Jr. officer: SVP & Chief Financial Officer 14 PATRIOTS WAY MENDHAM NJ 07945
Heimes Scott director 4012 ALDRICH AVENUE S MINNEAPOLIS MN 55409
Red Mountain Partners, L.p. 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925 LOS ANGELES CA 90067
Red Mountain Capital Management Inc 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925 LOS ANGELES CA 90067
Rmcp Gp Llc 10 percent owner 1999 AVENUE OF THE STARS SUITE 1100 LOS ANGELES CA 90067
Red Mountain Capital Partners Llc 10 percent owner 1999 AVENUE OF THE STARS SUITE 1100 LOS ANGELES CA 90067
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