GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Angel Oak Dynamic Financial Strategies Income Term Trust (NYSE:DYFN) » Definitions » Financial Strength

Angel Oak Dynamic Financial Strategiesome Term Trust (Angel Oak Dynamic Financial Strategiesome Term Trust) Financial Strength : 3 (As of Jan. 2022)


View and export this data going back to 1990. Start your Free Trial

What is Angel Oak Dynamic Financial Strategiesome Term Trust Financial Strength?

Angel Oak Dynamic Financial Strategiesome Term Trust has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

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 Angel Oak Dynamic Financial Strategiesome Term Trust's interest coverage with the available data. Angel Oak Dynamic Financial Strategiesome Term Trust's debt to revenue ratio for the quarter that ended in Jan. 2022 was 25.93. Altman Z-Score does not apply to banks and insurance companies.


Angel Oak Dynamic Financial Strategiesome Term Trust 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:

Angel Oak Dynamic Financial Strategiesome Term Trust's Interest Expense for the months ended in Jan. 2022 was $-0.32 Mil. Its Operating Income for the months ended in Jan. 2022 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2022 was $32.52 Mil.

Angel Oak Dynamic Financial Strategiesome Term Trust's Interest Coverage for the quarter that ended in Jan. 2022 is

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

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

Angel Oak Dynamic Financial Strategiesome Term Trust's Debt to Revenue Ratio for the quarter that ended in Jan. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 32.518) / 1.254
=25.93

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.


Angel Oak Dynamic Financial Strategiesome Term Trust  (NYSE:DYFN) 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.

Angel Oak Dynamic Financial Strategiesome Term Trust has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Angel Oak Dynamic Financial Strategiesome Term Trust Financial Strength Related Terms

Thank you for viewing the detailed overview of Angel Oak Dynamic Financial Strategiesome Term Trust's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Angel Oak Dynamic Financial Strategiesome Term Trust (Angel Oak Dynamic Financial Strategiesome Term Trust) Business Description

Traded in Other Exchanges
N/A
Address
3344 Peachtree Road, North East, Suite 1725, Atlanta, GA, USA, 30326
Angel Oak Dynamic Financial Strategies Income Term Trust Is a non-diversified closed-end management investment company. Its investment objective is to seek current income with a secondary objective of total return.
Executives
Angel Oak Capital Partners Ii, Llc other: General Partner of Adviser 3344 PEACHTREE ROAD NE, SUITE 1725, ATLANTA GA 30309
Angel Oak Financial Strategies Income Term Trust other: Affiliated Fund 3060 PEACHTREE RD SUITE 500 ATLANTA GA 30305
Johannes Palsson other: Portfolio Manager 3344 PEACHTREE ROAD NE, SUITE 1725, ATLANTA GA 30326
John R Hsu officer: Secretary C/O ANGEL OAK CAPITAL ADVISORS, 3344 PEACHTREE ROAD NE, SUITE 1725, ATLANTA GA 30326
Samuel R. Dunlap director 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA 2Q 30305
Andrea Mullins director 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Ira P Cohen director 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Dory Black officer: President ANGEL OAK CAPITAL ADVISORS, 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Daniel Fazioli officer: Treasurer ANGEL OAK CAPITAL ADVISORS, 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Lu Chang officer: Secretary ANGEL OAK CAPITAL ADVISORS, 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA 2Q 30305
Adam Langley officer: Chief Compliance Officer ANGEL OAK CAPITAL ADVISORS, 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Angel Oak Capital Advisors, Llc other: Investment Adviser ONE BUCKHEAD PLAZA, 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305-2240
Keith M Schappert director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Sreeniwas Prabhu director ANGEL OAK CAPITAL ADVISORS, 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Michael Fierman other: Investment Adviser Principal ANGEL OAK CAPITAL ADVISORS, 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305