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FS KKR Capital Financial Strength

: 3 (As of Jun. 2022)
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FS KKR Capital 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:

FS KKR Capital Corp 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 FS KKR Capital's interest coverage with the available data. FS KKR Capital's debt to revenue ratio for the quarter that ended in Jun. 2022 was -30.21. Altman Z-Score does not apply to banks and insurance companies.


FS KKR Capital 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:

FS KKR Capital's Interest Expense for the months ended in Jun. 2022 was $-83.0 Mil. Its Operating Income for the months ended in Jun. 2022 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $9,306.0 Mil.

FS KKR Capital's Interest Coverage for the quarter that ended in Jun. 2022 is

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

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

FS KKR Capital'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
=(0 + 9306) / -308
=-30.21

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.


FS KKR Capital  (NYSE:FSK) 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.

FS KKR Capital 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.


FS KKR Capital Financial Strength Related Terms

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


FS KKR Capital Business Description

FS KKR Capital logo
Traded in Other Exchanges
Address
201 Rouse Boulevard, Philadelphia, PA, USA, 19112
FS KKR Capital Corp is a business development company based in the United States. Its portfolio is comprised primarily of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies. It is focused on providing customized credit solutions to private upper middle-market companies, which it generally define as companies with annual EBITDA of at least $50 million at the time of investment.
Executives
Lilly Steven C officer: Chief Financial Officer 1004 FARNAM STREET, SUITE 400 OMAHA NE 27511
Sandler Elizabeth director 201 ROUSE BLVD PHILADELPHIA PA 19112
Imasogie Osagie O director
Hopkins Jerel A director C/O FS INVESTMENT CORPORATION II CIRA CENTRE, 2929 ARCH STREET, SUITE 675 PHILADELPHIA PA 19104
Adams Barbara director 112 NORTH WOOSTOCK STREET PHILADELPHIA PA 19103
Ford Brian R. director 1 MILFORD WAY MEDFORD NJ 08055
Goldstein Richard I director C/O INTELLON CORPORATION 5955 T.G. LEE BLVD., SUITE 600 ORLANDO FL 32822
Kropp James H director 701 WESTERN AVENUE GLENDALE CA 91201
Arnold Frederick director CHATSWORTH ADVISORS, INC. 3 YORK ROAD LARCHMONT NY 10538
Builione Todd C. director, officer: President C/O KKR CREDIT ADVISORS (US) LLC 9 WEST 57TH STREET NEW YORK NY 10019
Pietrzak Daniel officer: Chief Investment Officer 9 WEST 57TH STREET, SUITE 4200 NEW YORK NY 10019
Kelly Michael John other: Investment Committee Member 201 ROUSE BOULEVARD PHILADELPHIA PA 19112
Gerson Brian officer: President, other: Investment Committee Member C/O SOLAR CAPITAL LTD. 500 PARK AVENUE NEW YORK NY 10022
Ujobai Joseph P director ONE FREEDOM VALLEY DRIVE OAKS PA 19456
Hughes Philip E Jr director 3936 NETHERFIELD ROAD PHILADELPHIA PA 19129
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