GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ladenburg Thalmann Financial Services Inc (AMEX:LTS) » Definitions » Financial Strength

Ladenburg Thalmann Financial Services (Ladenburg Thalmann Financial Services) Financial Strength : 0 (As of Dec. 2019)


View and export this data going back to 1997. Start your Free Trial

What is Ladenburg Thalmann Financial Services Financial Strength?

Ladenburg Thalmann Financial Services 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.

Ladenburg Thalmann Financial Services's Interest Coverage for the quarter that ended in Dec. 2019 was 7.31. Ladenburg Thalmann Financial Services's debt to revenue ratio for the quarter that ended in Dec. 2019 was 0.22. As of today, Ladenburg Thalmann Financial Services's Altman Z-Score is 0.00.


Competitive Comparison of Ladenburg Thalmann Financial Services's Financial Strength

For the Capital Markets subindustry, Ladenburg Thalmann Financial Services'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.


Ladenburg Thalmann Financial Services's Financial Strength Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ladenburg Thalmann Financial Services's Financial Strength distribution charts can be found below:

* The bar in red indicates where Ladenburg Thalmann Financial Services's Financial Strength falls into.



Ladenburg Thalmann Financial Services 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:

Ladenburg Thalmann Financial Services's Interest Expense for the months ended in Dec. 2019 was $-6 Mil. Its Operating Income for the months ended in Dec. 2019 was $46 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $349 Mil.

Ladenburg Thalmann Financial Services's Interest Coverage for the quarter that ended in Dec. 2019 is

Interest Coverage=-1*Operating Income (Q: Dec. 2019 )/Interest Expense (Q: Dec. 2019 )
=-1*45.904/-6.279
=7.31

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

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

Ladenburg Thalmann Financial Services's Debt to Revenue Ratio for the quarter that ended in Dec. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 348.953) / 1582.94
=0.22

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.

Ladenburg Thalmann Financial Services 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.


Ladenburg Thalmann Financial Services  (AMEX:LTS) 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.

Ladenburg Thalmann Financial Services has the Financial Strength Rank of 0.


Ladenburg Thalmann Financial Services Financial Strength Related Terms

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


Ladenburg Thalmann Financial Services (Ladenburg Thalmann Financial Services) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, 12th Floor, Miami, FL, USA, 33137
Ladenburg Thalmann Financial Services Inc is a United States-based company that provides diversified financial services. The company conducts operations through a number of subsidiaries, with three operating segments. The independent brokerage and advisory services segment consists of broker-dealer and investment advisory services, along with wealth-management services. The Ladenburg segment comprises investment banking, sales and trading and asset management services, and investment activities. The insurance brokerage segment comprises wholesale insurance brokerage activities. The company generates the majority of revenue from the independent brokerage and advisory services segment. Its business is concentrated in the United States.
Executives
Howard M Lorber other: Former Director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Henry C Beinstein other: Former Director 8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Richard M Krasno other: Former Director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Brett Kaufman officer: Senior Vice President and CFO 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Glenn C Davis other: Former Director 4400 BISCAYNE BOULEVARD, 12TH FLOOR, MIAMI FL 33137
Michael Liebowitz other: Former Director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen other: Former Director and Officer 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Mark Zeitchick other: Former Director and Officer GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Brian S Genson other: Former Director
Jacqueline M Simkin other: Former Director 801 BRICKELL AVENUE, SUITE 2350, MIAMI FL 33131
Adam Scott Malamed other: Former Director and Officer 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Joseph Giovanniello other: Former Officer 520 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Frost Phillip Md Et Al other: Former 10% Owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Frost Nevada Investments Trust other: Former 10% Owner 4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137

Ladenburg Thalmann Financial Services (Ladenburg Thalmann Financial Services) Headlines