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Lmp Capital &ome Fund (Lmp Capital &ome Fund) Financial Strength : 4 (As of Nov. 2023)


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What is Lmp Capital &ome Fund Financial Strength?

Lmp Capital &ome Fund has the Financial Strength Rank of 4.

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 Lmp Capital &ome Fund's interest coverage with the available data. Lmp Capital &ome Fund's debt to revenue ratio for the quarter that ended in Nov. 2023 was 1.11. Altman Z-Score does not apply to banks and insurance companies.


Lmp Capital &ome Fund 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:

Lmp Capital &ome Fund's Interest Expense for the months ended in Nov. 2023 was $-1.84 Mil. Its Operating Income for the months ended in Nov. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $61.00 Mil.

Lmp Capital &ome Fund's Interest Coverage for the quarter that ended in Nov. 2023 is

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

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

Lmp Capital &ome Fund's Debt to Revenue Ratio for the quarter that ended in Nov. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Nov. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 61) / 55.068
=1.11

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.


Lmp Capital &ome Fund  (NYSE:SCD) 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.

Lmp Capital &ome Fund has the Financial Strength Rank of 4.


Lmp Capital &ome Fund Financial Strength Related Terms

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Lmp Capital &ome Fund (Lmp Capital &ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Lmp Capital & Income Fund Inc is a United States-based non-diversified, closed-end management investment company. Its investment objective is total return with an emphasis on income. The fund invests in a broad range of equity and fixed-income securities of both the U.S. and foreign issuers. Its long-term investments consist of investments in common stocks, convertible preferred stocks, investments in underlying funds and master limited partnerships.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jasna Dolgov other: General Counsel/Subadviser CLEARBRIDGE INVESTMENTS, 620 EIGHTH AVENUE, NEW YORK NY 10018
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Patrick Mcelroy other: Portfolio Manager CLEARBRIDGE INVESTMENTS, LLC, 620 EIGHTH AVENUE, NEW YORK NY 10018
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jed A. Plafker other: Director of Sub-Advisers ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Gwen L Shaneyfelt other: Director of SubAdv/ClearBridge ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Matthew Nicholls other: Director of Sub-Advisers ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Advisers C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Peter Vanderlee other: Portfolio Manager ATTN: CLEARBRIDGE ADVISORS, LLC, 620 EIGHTH AVENUE, 48TH FLOOR, NEW YORK NY 10018