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Five Point Holdings LLC Financial Strength

: 3 (As of Mar. 2022)
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Five Point Holdings LLC 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.

Warning Sign:

Five Point Holdings LLC displays poor financial strength. 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 Five Point Holdings LLC's interest coverage with the available data. Five Point Holdings LLC's debt to revenue ratio for the quarter that ended in Mar. 2022 was 32.39. As of today, Five Point Holdings LLC's Altman Z-Score is 1.11.


Competitive Comparison

For the Real Estate - Development subindustry, Five Point Holdings LLC'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.

   

Five Point Holdings LLC Financial Strength Distribution

For the Real Estate industry and Real Estate sector, Five Point Holdings LLC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Five Point Holdings LLC's Financial Strength falls into.



Five Point Holdings LLC 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:

Five Point Holdings LLC's Interest Expense for the months ended in Mar. 2022 was $0.0 Mil. Its Operating Income for the months ended in Mar. 2022 was $-16.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $633.1 Mil.

Five Point Holdings LLC's Interest Coverage for the quarter that ended in Mar. 2022 is

GuruFocus does not calculate Five Point Holdings LLC's interest coverage with the available data.

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

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

Five Point Holdings LLC'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 + 633.102) / 19.544
=32.39

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.

Five Point Holdings LLC has a Z-score of 1.11, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.11 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.


Five Point Holdings LLC  (NYSE:FPH) 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.

Five Point Holdings LLC 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.


Five Point Holdings LLC Financial Strength Related Terms

Thank you for viewing the detailed overview of Five Point Holdings LLC's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Five Point Holdings LLC Business Description

Five Point Holdings LLC logo
Traded in Other Exchanges
Address
15131 Alton Parkway, Suite 400, 4th Floor, Irvine, CA, USA, 92618
Five Point Holdings LLC is an owner and developer of mixed-use, master-planned communities in California. It is engaged in developing new communities that, in addition to homesites, include commercial, retail, educational and recreational elements, as well as civic areas, parks, and open spaces. Its four reportable segments are Valencia, San Francisco, Great Park, and Commercial. It derives most of the revenue from the Valencia segment which includes the community of Valencia being developed in northern Los Angeles County, California, as well as other lands including remnant commercial, residential, and open space land in Los Angeles County. Its principal source of revenue is the sale of residential and commercial land sites to homebuilders, commercial developers, and commercial buyers.
Executives
Kij Leo officer: See Remarks C/O FIVE POINT COMMUNITIES, INC. 2000 FIVEPOINT, 4TH FLOOR IRVINE CA 92618
Hedigan Daniel officer: Chief Executive Officer C/O FIVE POINT HOLDINGS, LLC 2000 FIVEPOINT, 4TH FLOOR IRVINE CA 92618
Luxor Capital Partners Long Offshore, Ltd. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED P.O. BOX 309, UGLAND HOUSE GRAND CAYMAN E9 KY1-1104
Luxor Capital Partners Long, Lp 10 percent owner 1114 AVENUE OF THE AMERICAS 28TH FLOOR NEW YORK NY 10036
Thebes Partners, Lp 10 percent owner 1114 AVENUE OF THE AMERICAS 28TH FLOOR NEW YORK NY 10036
Luxor Wavefront, Lp 10 percent owner 1114 AVENUE OF THE AMERICAS 28TH FLOOR NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 1114 AVENUE OF THE AMERICAS 28TH FLOOR NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD. PO BOX 309, UGLAND HOUSE GEORGE TOWN E9 KY1-1104
Lcg Holdings Llc 10 percent owner 1114 AVENUE OF THE AMERICAS 28TH FLOOR NEW YORK NY 10036
Luxor Capital Group, Lp 10 percent owner 1114 AVENUE OF THE AMERICAS 28TH FLOOR NEW YORK NY 10036
Carruthers Evan director 4600 WELLS FARGO CENTER 90 S. 7TH STREET MINNEAPOLIS MN 55402
Hfet Opportunities, Llc 10 percent owner 4600 WELLS FARGO CENTER 90 SOUTH 7TH STREET MINNEAPOLIS MN 55402
Hpscp Opportunities, L.p. 10 percent owner 4600 WELLS FARGO CENTER 90 SOUTH 7TH STREET MINNEAPOLIS MN 55402
Tco Fund Gp, L.p. 10 percent owner 4600 WELLS FARGO CENTER 90 SOUTH 7TH STREET MINNEAPOLIS MN 55402
Tco Investors, L.p. 10 percent owner 4600 WELLS FARGO CENTER 90 SOUTH 7TH STREET MINNEAPOLIS MN 55402

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