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OTR Acquisition (OTR Acquisition) Financial Strength : 9 (As of Mar. 2022)


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What is OTR Acquisition Financial Strength?

OTR Acquisition has the Financial Strength Rank of 9. 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.

OTR Acquisition has no long-term debt (1). As of today, OTR Acquisition'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 OTR Acquisition's Financial Strength

For the Shell Companies subindustry, OTR Acquisition'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.


OTR Acquisition's Financial Strength Distribution in the Diversified Financial Services Industry

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

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



OTR Acquisition 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:

OTR Acquisition's Interest Expense for the months ended in Mar. 2022 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2022 was $-1.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil.

OTR Acquisition's Interest Coverage for the quarter that ended in Mar. 2022 is

OTR Acquisition 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.

OTR Acquisition's Debt to Revenue Ratio for the quarter that ended in Mar. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.1 + 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.

OTR Acquisition 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.


OTR Acquisition  (NAS:OTRA) 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.

OTR Acquisition has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


OTR Acquisition Financial Strength Related Terms

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OTR Acquisition (OTR Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1395 Brickell Avenue, Suite 800, Miami, FL, USA, 33131
OTR Acquisition Corp is a blank check company.
Executives
Amir Rozwadowski director 2920 CARLISLE STREET, SUITE 1608, DALLAS TX 75204
Nicholas Jason Singer director, officer: Chief Executive Officer 1395 BRICKELL AVENUE, SUITE 800, MIAMI FL 33131
Nadav Besner director 375 PARK AVENUE, 33RD FLOOR, NEW YORK NY 10152
David William Neithardt director 2333 PONCE DE LEON BLVD., SUITE 630, CORAL GABLES FL 33156
Otr Acquisition Sponsor Llc 10 percent owner 1395 BRICKELL AVENUE, SUITE 800, MIAMI FL 33131
Glenn Evan Gray director 1028 VAN DYKE DRIVE, LAGUNA BEACH CA 92651
Douglas Brian Anderson director, officer: Chief Financial Officer 1395 BRICKELL AVENUE, SUITE 800, MIAMI FL 33131

OTR Acquisition (OTR Acquisition) Headlines

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