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Social Capital Hedosophia Holdings VI (Social Capital Hedosophia Holdings VI) Financial Strength : 8 (As of Jun. 2022)


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What is Social Capital Hedosophia Holdings VI Financial Strength?

Social Capital Hedosophia Holdings VI has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

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.

Social Capital Hedosophia Holdings VI has no long-term debt (1). As of today, Social Capital Hedosophia Holdings VI's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Social Capital Hedosophia Holdings VI's Financial Strength

For the Shell Companies subindustry, Social Capital Hedosophia Holdings VI'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.


Social Capital Hedosophia Holdings VI's Financial Strength Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Social Capital Hedosophia Holdings VI's Financial Strength distribution charts can be found below:

* The bar in red indicates where Social Capital Hedosophia Holdings VI's Financial Strength falls into.



Social Capital Hedosophia Holdings VI 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:

Social Capital Hedosophia Holdings VI's Interest Expense for the months ended in Jun. 2022 was $0.00 Mil. Its Operating Income for the months ended in Jun. 2022 was $-0.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil.

Social Capital Hedosophia Holdings VI's Interest Coverage for the quarter that ended in Jun. 2022 is

Social Capital Hedosophia Holdings VI had no long-term debt (1).

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

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

Social Capital Hedosophia Holdings VI'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
=(1.263 + 0) / 0
=N/A

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.

Social Capital Hedosophia Holdings VI has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


Social Capital Hedosophia Holdings VI  (NYSE:IPOF) 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.

Social Capital Hedosophia Holdings VI has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Social Capital Hedosophia Holdings VI Financial Strength Related Terms

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Social Capital Hedosophia Holdings VI (Social Capital Hedosophia Holdings VI) Business Description

Traded in Other Exchanges
N/A
Address
506 Santa Cruz Avenue, Suite 300, Menlo Park, CA, USA, 94025
Social Capital Hedosophia Holdings Corp VI is a blank check company.
Executives
Varsha Rajendra Rao director 6155 EL CAMINO REAL, CARLSBAD CA 92009
James Ryans officer: Chief Financial Officer C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Sarah Leary director 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301
Richard Costolo director C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105
Ian Osborne director, 10 percent owner, officer: President YALDING HOUSE, 152 GREAT PORTLAND STREET, LONDON X0 W1W6AJ
Chamath Palihapitiya director, 10 percent owner, officer: CEO & Chairman of the Board THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025
Steven Trieu officer: Chief Financial Officer C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Williams Simon P.v. officer: General Counsel and Secretary YALDING HOUSE, 152 GREAT PORTLAND STREET, LONDON X0 W1W6AJ
Sch Sponsor Vi Llc director, 10 percent owner 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301
Chachacha Spac F, Llc director, 10 percent owner 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301

Social Capital Hedosophia Holdings VI (Social Capital Hedosophia Holdings VI) Headlines

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