Oxbridge Re Holdings (Oxbridge Re Holdings) Financial Strength : 7 (As of Dec. 2023)

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What is Oxbridge Re Holdings Financial Strength?

Oxbridge Re Holdings has the Financial Strength Rank of 7.

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 Oxbridge Re Holdings's interest coverage with the available data. Oxbridge Re Holdings's debt to revenue ratio for the quarter that ended in Dec. 2023 was -0.02. Altman Z-Score does not apply to banks and insurance companies.

Oxbridge Re Holdings 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:

Oxbridge Re Holdings's Interest Expense for the months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.13 Mil.

Oxbridge Re Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is

GuruFocus does not calculate Oxbridge Re Holdings's interest coverage with the available data.

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. Oxbridge Re Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

Oxbridge Re Holdings's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio	=	Total Debt (Q: Dec. 2023 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	0.127)	/	-7.62
	=	-0.02

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.

Oxbridge Re Holdings (NAS:OXBR) 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.

Oxbridge Re Holdings has the Financial Strength Rank of 7.

Oxbridge Re Holdings Financial Strength Related Terms

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Oxbridge Re Holdings (Oxbridge Re Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Oxbridge Re Holdings Ltd (NAS:OXBR) » Definitions » Financial Strength

Traded in Other Exchanges

N/A

Address

42 Edward Street, Suite 201, P.O. Box 469, Georgetown, Grand Cayman, CYM, KY1-9006

Website

https://www.oxbridgere.com

Oxbridge Re Holdings Ltd is a specialty property and casualty reinsurer. It provides reinsurance solutions through its subsidiary. It focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. Oxbridge specializes in underwriting medium frequency, high severity risks, where insufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. It derives most revenues from three principal sources premiums assumed from reinsurance on property and casualty business; income from investments and unrealized (loss)/ gain on other investments; and income under our Administrative Services Agreement.

Executives

Sanjay Madhu	director, officer: CEO, President	425 EAST DAVIS BLVD., TAMPA FL 33606
Allan S. Martin	10 percent owner	401 EAST JACKSON STREET, SUITE 2370, TAMPA FL 33601
Arun Gowda	director	SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Dwight Lyndon Merren	director	SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Lesley Helen Thompson	director	SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Raymond E Cabillot	director	3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Wrendon Timothy	officer: Controller & Secretary	P.O. BOX 469, CAMANA BAY E9 KY1-9006
Paresh Patel	director, 10 percent owner	1520 GULF BLVD., APT. 1706, CLEARWATER FL 33767
Mayur Patel	director	12 CHRIS ELIOT COURT, HUNT VALLEY MD 21030
Krishna Persaud	director	11767 BAYFIELD DRIVE, BOCA RATON FL 33498