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Fidelity National Information Services Financial Strength

: 5 (As of Jun. 2022)
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Fidelity National Information 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.

Fidelity National Information Services's Interest Coverage for the quarter that ended in Jun. 2022 was 8.57. Fidelity National Information Services's debt to revenue ratio for the quarter that ended in Jun. 2022 was 1.25. As of today, Fidelity National Information Services's Altman Z-Score is 1.35.


Competitive Comparison

For the Information Technology Services subindustry, Fidelity National Information Services'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.

   

Fidelity National Information Services Financial Strength Distribution

For the Software industry and Technology sector, Fidelity National Information Services's Financial Strength distribution charts can be found below:

* The bar in red indicates where Fidelity National Information Services's Financial Strength falls into.



Fidelity National Information 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:

Fidelity National Information Services's Interest Expense for the months ended in Jun. 2022 was $-47 Mil. Its Operating Income for the months ended in Jun. 2022 was $403 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $11,755 Mil.

Fidelity National Information Services'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*403/-47
=8.57

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

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

Fidelity National Information Services'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
=(6790 + 11755) / 14876
=1.25

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.

Fidelity National Information Services has a Z-score of 1.35, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.35 is in distress zone. This implies bankruptcy 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.


Fidelity National Information Services  (NYSE:FIS) 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.

Fidelity National Information Services has the Financial Strength Rank of 5.


Fidelity National Information Services Financial Strength Related Terms

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


Fidelity National Information Services Business Description

Fidelity National Information Services logo
Address
601 Riverside Avenue, Jacksonville, FL, USA, 32204
Fidelity National Information Services' legacy operations provide core and payment processing services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.
Executives
D'silva Vijay director 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Lamneck Kenneth T director INSIGHT ENTERPRISES, INC. 6820 SOUTH HARL AVENUE TEMPE AZ 85283
Tsai Caroline officer: CEVP, Chief Legal Officer 7001 EAST BELLEVIEW AVENUE DENVER CO 80237
Hawkins Mark J director C/O LOGITECH, INC. 6505 KAISER DRIVE FREMONT CA 94555
Warren Thomas K officer: Chief Accounting Officer 601 RIVERSIDE AVE JACKSONVILLE FL 32204
Gileadi Ido officer: Chief Operating Officer 601 RIVERSIDE AVE JACKSONVILLE FL 32204
Goldstein Jeffrey A director HELLMAN & FRIEDMAN LLC 375 PARK AVENUE, 20TH FLOOR NEW YORK NY 10152
Ramji Asif officer: Chief Growth Officer 3399 PEACHTREE ROAD NE, SUITE 1900 ATLANTA GA 30326
Thompson Christopher A officer: Chief Accounting Officer C/O VANTIV, INC. 8500 GOVERNORS HILL DRIVE CINCINNATI OH 45249
Boyd Martin officer: President, Cap Mkt Solutions 601 RIVERSIDE AVE JACKSONVILLE FL 32204
Heimbouch Mark L officer: President, Merchant Solutions 8500 GOVERNORS HILL DRIVE CINCINNATI OH 45249-1384
Lauer Gary L director 440 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW CA 94043
Ferris Stephanie officer: COO C/O VANTIV, INC. 8500 GOVERNORS HILL DRIVE CINCINNATI OH 45249
Hook Lisa director NEUSTAR, INC. - C/O DENIS CURRAN 46000 CENTER OAK PLAZA STERLING VA 20166
Adrean Lee director 1564 NE EXPRESSWAY ATTN: BJ PURCELL ATLANTA GA 30329

Fidelity National Information Services Headlines

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