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Worldpay (Worldpay) Financial Strength : 0 (As of Jun. 2019)


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What is Worldpay Financial Strength?

Worldpay 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.

Worldpay's Interest Coverage for the quarter that ended in Jun. 2019 was 3.42. Worldpay's debt to revenue ratio for the quarter that ended in Jun. 2019 was 1.71. As of today, Worldpay's Altman Z-Score is 0.00.


Competitive Comparison of Worldpay's Financial Strength

For the Specialty Business Services subindustry, Worldpay'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.


Worldpay's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Worldpay's Financial Strength distribution charts can be found below:

* The bar in red indicates where Worldpay's Financial Strength falls into.



Worldpay 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:

Worldpay's Interest Expense for the months ended in Jun. 2019 was $-69 Mil. Its Operating Income for the months ended in Jun. 2019 was $237 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $7,080 Mil.

Worldpay's Interest Coverage for the quarter that ended in Jun. 2019 is

Interest Coverage=-1*Operating Income (Q: Jun. 2019 )/Interest Expense (Q: Jun. 2019 )
=-1*236.5/-69.2
=3.42

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

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

Worldpay's Debt to Revenue Ratio for the quarter that ended in Jun. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(258.7 + 7080.2) / 4292
=1.71

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.

Worldpay 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.


Worldpay  (NYSE:WP) 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.

Worldpay has the Financial Strength Rank of 0.


Worldpay Financial Strength Related Terms

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


Worldpay (Worldpay) Business Description

Traded in Other Exchanges
N/A
Address
8500 Governor's Hill Drive, Symmes Township, OH, USA, 45249
Worldpay is one of the largest merchant acquirers in the world, allowing businesses to accept payments across numerous payment card brands. The company's activities span multiple channels, from the physical point-of-sale to online. Worldpay maintains its own direct salesforce and works with third-party resellers to distribute its offerings. Worldpay also provides outsourced payment processing to small to midsize banks.
Executives
Karen A Richardson director
Boon Sim director C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Kevin Costello director C/O ARIBA INC, 807 11TH AVENUE, SUNNYVALE CA 94089
Mark L Heimbouch director, officer: President and COO 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249-1384
Gary L Lauer director 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Stephanie Ferris officer: Chief Financial Officer C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Asif Ramji officer: Chief Product & Mktg Officer 3399 PEACHTREE ROAD NE, SUITE 1900, ATLANTA GA 30326
Christopher A Thompson officer: Chief Accounting Officer C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Lisa Hook director NEUSTAR, INC. - C/O DENIS CURRAN, 46000 CENTER OAK PLAZA, STERLING VA 20166
Royal Cole officer: EVP, Head of North Am. Region THE WESTERN UNION COMPANY, 12500 EAST BELFORD AVENUE, ENGLEWOOD CO 80112
Lee Adrean director 1564 NE EXPRESSWAY, ATTN: BJ PURCELL, ATLANTA GA 30329
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Charles Drucker director, officer: Executive Chairman and CEO 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Nelson F Greene officer: Chf Legal Officer & Secretary 1700 SOUTH PATTERSON BOULEVARD, DAYTON OH 45479
Michael Rake director C/O THE MCGRAW-HILL COMPANIES, 1221 AVENUE OF THE AMERICAS, 47TH FL., NEW YORK NY 10020

Worldpay (Worldpay) Headlines

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