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Cushman & Wakefield Financial Strength

: 5 (As of Jun. 2022)
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Cushman & Wakefield 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.

Cushman & Wakefield's Interest Coverage for the quarter that ended in Jun. 2022 was 3.86. Cushman & Wakefield's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.35. As of today, Cushman & Wakefield's Altman Z-Score is 1.82.


Competitive Comparison

For the Real Estate Services subindustry, Cushman & Wakefield'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.

   

Cushman & Wakefield Financial Strength Distribution

For the Real Estate industry and Real Estate sector, Cushman & Wakefield's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cushman & Wakefield's Financial Strength falls into.



Cushman & Wakefield 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:

Cushman & Wakefield's Interest Expense for the months ended in Jun. 2022 was $-46 Mil. Its Operating Income for the months ended in Jun. 2022 was $178 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $3,572 Mil.

Cushman & Wakefield's Interest Coverage for the quarter that ended in Jun. 2022 is

Interest Coverage=-1*Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*177.9/-46.1
=3.86

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

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

Cushman & Wakefield'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
=(44.5 + 3572) / 10450.4
=0.35

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.

Cushman & Wakefield has a Z-score of 1.82, indicating it is in Grey Zones. This implies that Cushman & Wakefield is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 1.82 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Cushman & Wakefield  (NYSE:CWK) 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.

Cushman & Wakefield has the Financial Strength Rank of 5.


Cushman & Wakefield Financial Strength Related Terms

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


Cushman & Wakefield Business Description

Cushman & Wakefield logo
Traded in Other Exchanges
Address
125 Old Broad Street, London, GBR, EC2N 1AR
Cushman & Wakefield is the third largest commercial real estate services firm in the world with a global headquarters in Chicago. The firm provides various real estate-related services to owners, occupiers and investors. These include brokerage services for leasing and capital markets sales, as well as advisory services such valuation, project management, and facilities management.
Executives
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET SUITE 3300 FORT WORTH TX 76102
Winkelried Jon 10 percent owner C/O GOLDMAN, SACHS & CO. 85 BROAD STREET NEW YORK NY 10004
Mcdonald Andrew R. officer: President C/O CUSHMAN & WAKEFIELD PLC 225 W WACKER DR SUITE 3000 CHICAGO IL 60606
Sun Angela director 7001 EAST BELLEVIEW AVENUE DENVER CO 80236
Miller Anthony Murray director 225 WEST WACKER DRIVE CHICAGO IL 60606
Johnston Neil O officer: Global Chief Financial Officer
Brunner Angelique G. director C/O CHESAPEAKE LODGING TRUST 4300 WILSON BOULEVARD, SUITE 625 ARLINGTON VA 22203
Texter Len officer: Chief Accounting Officer 225 WEST WACKER DRIVE CHICAGO IL 60606
Mcginn Richard A director 1350 AVENUE OF THE AMERICAS NEW YORK NY 10019
Mclean Jodie W. director C/O EXTENDED STAY AMERICA, INC. 11525 N. COMMUNITY HOUSE ROAD, SUITE 100 CHARLOTTE NC 28277
Mackay Michelle director C/O WCI COMMUNITIES, INC. 24301 WALDEN CENTER DRIVE BONITA SPRINGS FL 34134
Chen Qi director 32F AIA CENTRAL I CONNAUGHT ROAD CENTRAL HONG KONG K3 0000
Ruparelia Rajeev director C/O ONTATRIO TEACHERS PENSION PLAN BOARD 5650 YONGE STREET TORONTO A6 M2M 4H5
Pan Lincoln Lin Feng director PAG ASIA CAPITAL, 32/F, AIA CENTRAL 1 CONNAUGHT RD CENTRAL CENTRAL K3 0000
2339532 Ontario Ltd 10 percent owner 5650 YONGE STREET TORONTO A6 M2M 4H5

Cushman & Wakefield Headlines

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