GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oaktree Capital Group LLC (NYSE:OAK) » Definitions » Financial Strength

Oaktree Capital Group LLC (Oaktree Capital Group LLC) Financial Strength : 0 (As of Sep. 2019)


View and export this data going back to 2012. Start your Free Trial

What is Oaktree Capital Group LLC Financial Strength?

Oaktree Capital Group LLC has the Financial Strength Rank of 0.

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.

Oaktree Capital Group LLC did not have earnings to cover the interest expense. Oaktree Capital Group LLC's debt to revenue ratio for the quarter that ended in Sep. 2019 was 9.02. As of today, Oaktree Capital Group LLC's Altman Z-Score is 0.00.


Competitive Comparison of Oaktree Capital Group LLC's Financial Strength

For the Asset Management subindustry, Oaktree Capital Group 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.


Oaktree Capital Group LLC's Financial Strength Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oaktree Capital Group LLC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Oaktree Capital Group LLC's Financial Strength falls into.



Oaktree Capital Group 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:

Oaktree Capital Group LLC's Interest Expense for the months ended in Sep. 2019 was $-60 Mil. Its Operating Income for the months ended in Sep. 2019 was $-40 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $7,403 Mil.

Oaktree Capital Group LLC's Interest Coverage for the quarter that ended in Sep. 2019 is

Oaktree Capital Group LLC did not have earnings to cover the interest expense.

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

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

Oaktree Capital Group LLC's Debt to Revenue Ratio for the quarter that ended in Sep. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 7402.623) / 820.76
=9.02

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.

Oaktree Capital Group LLC 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.


Oaktree Capital Group LLC  (NYSE:OAK) 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.

Oaktree Capital Group LLC has the Financial Strength Rank of 0.


Oaktree Capital Group LLC Financial Strength Related Terms

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


Oaktree Capital Group LLC (Oaktree Capital Group LLC) Business Description

Traded in Other Exchanges
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Capital Group LLC is an alternative asset manager involved in investing in credit, real assets, private equity, and listed equities. It operates into one segment namely the Investment management business which consists of the services that it provides to clients. It operates in the United States where it generates the majority of its revenue.
Executives
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Justin B. Beber director C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY ST., STE. 300, TORONTO A6 M5J 2T3
Bruce Flatt director C/O BROOKFIELD ASSET MANAGEMENT INC., 181 BAY STREET, P.O. BOX 762, TORONTO A6 M5J2T3
Bruce A Karsh director, officer: See Remarks C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Daniel D Levin officer: See Remarks 333 S. GRAND AVENUE, 28 TH FLOOR, LOS ANGELES CA 90071
Larry W Keele director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Wayne G Pierson director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Todd E Molz officer: See Remarks C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Howard S Marks director, officer: Co-Chairman C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Sheldon M Stone director, officer: Principal C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
David Richard Masson director 333 S GRAND AVENUE 28TH FL, LOS ANGELES CA 90071
Robert E Denham director MUNGER, TOLLES & OLSON LLP, 355 S. GRAND AVENUE, 35TH FLOOR, LOS ANGELES CA 90071
John Frank director, officer: Vice Chairman C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Jay S Wintrob director, officer: Chief Executive Officer 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Marna C Whittington director 2959 BARLEY MILL ROAD, YORKLYN DE 19736

Oaktree Capital Group LLC (Oaktree Capital Group LLC) Headlines

From GuruFocus

Howard Marks: We Are in the 8th Inning

By Bram de Haas Bram de Haas 08-05-2018

Jeffrey Gundlach: US Recession at Least 4 to 6 Months Away

By Bram de Haas Bram de Haas 02-19-2019

Howard Marks: Questions and Answers On Today's Conference Call

By Cody Eustice CodyEustice 10-31-2014

Howard Marks Shares the 3 Least Bad Areas to Invest

By Bram de Haas Bram de Haas 06-25-2019

Howard Marks on Cycles, Corrections and Future Returns

By Bram de Haas Bram de Haas 09-17-2018

Oaktree Appoints Depelsha McGruder to Board of Directors

By Business Wire Business Wire 02-17-2021

3 Reasons to Think Twice About Concentration

By Bram de Haas Bram de Haas 07-05-2018

Howard Marks' Top 5 New Buys

By Holly LaFon Holly LaFon 02-12-2014