GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » NYSE Euronext, Inc. (XPAR:NYX) » Definitions » Financial Strength

NYSE Euronext, (XPAR:NYX) Financial Strength : 0 (As of Sep. 2013)


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

What is NYSE Euronext, Financial Strength?

NYSE Euronext, 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.

NYSE Euronext,'s Interest Coverage for the quarter that ended in Sep. 2013 was 7.74. NYSE Euronext,'s debt to revenue ratio for the quarter that ended in Sep. 2013 was 0.65. As of today, NYSE Euronext,'s Altman Z-Score is 0.00.


Competitive Comparison of NYSE Euronext,'s Financial Strength

For the Financial Data & Stock Exchanges subindustry, NYSE Euronext,'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.


NYSE Euronext,'s Financial Strength Distribution in the Capital Markets Industry

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

* The bar in red indicates where NYSE Euronext,'s Financial Strength falls into.



NYSE Euronext, 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:

NYSE Euronext,'s Interest Expense for the months ended in Sep. 2013 was €-17 Mil. Its Operating Income for the months ended in Sep. 2013 was €133 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was €1,562 Mil.

NYSE Euronext,'s Interest Coverage for the quarter that ended in Sep. 2013 is

Interest Coverage=-1*Operating Income (Q: Sep. 2013 )/Interest Expense (Q: Sep. 2013 )
=-1*133.144/-17.204
=7.74

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

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

NYSE Euronext,'s Debt to Revenue Ratio for the quarter that ended in Sep. 2013 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2013 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(159.324 + 1561.824) / 2662.88
=0.65

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.

NYSE Euronext, 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.


NYSE Euronext,  (XPAR:NYX) 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.

NYSE Euronext, has the Financial Strength Rank of 0.


NYSE Euronext, Financial Strength Related Terms

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


NYSE Euronext, (XPAR:NYX) Business Description

Traded in Other Exchanges
N/A
Address
NYSE Euronext, Inc., a Delaware corporation, was organized on May 22, 2006 in anticipation of the combination of the businesses of NYSE Group, Inc., a Delaware corporation, and Euronext N.V., a company organized under the laws of the Netherlands. The Company is a global operator of financial markets and provider of trading solutions. The Company offers an array of products and services in cash equities, futures, options, swaps, exchange-traded products, bonds, clearing operations, market data, commercial technology solutions and carbon trading, all designed to meet the evolving needs of investors, issuers, financial institutions and market participants. The Company consists of three business segments: Derivatives; Cash Trading and Listings; and Information Services and Technology Solutions. Derivatives segment is comprised of derivatives trading and clearing businesses and includes its subsidiaries NYSE Liffe, NYSE Liffe Clearing, NYSE Liffe US, NYSE Amex Options, NYSE Arca Options and joint venture NYPC as well as its related derivatives market data business. Cash Trading and Listings segment consists of cash trading and listings businesses and includes its subsidiaries the NYSE, Euronext, NYSE Amex, NYSE Arca, NYSE Alternext, NYSE Arca Europe and SmartPool, as well as NYSE Blue and Interbolsa, and its related cash trading market data business. Information Services and Technology Solutions segment refers to its commercial technology transactions, data and infrastructure businesses. The Company operates a commercial technology business, NYSE Technologies Inc., and also owns NYFIX, Inc., a provider of solutions that aims to optimize trading efficiency. NYSE Technologies provides comprehensive transaction, data and infrastructure services and managed solutions for buy-side, sell-side and exchange communities. NYSE Technologies' integrated solutions power the trading operations of global financial institutions and exchanges, including non-NYSE Euronext markets in addition to all the exchanges in the NYSE Euronext group. NYSE Technologies operates five businesses: Global Market Data, which offers an array of global market information products covering multiple asset classes; Trading Solutions, which creates and implements high performance, end-to-end messaging software and real-time market data distribution and integration products; Exchange Solutions, which provides multi-asset exchange platform services, managed services and expert consultancy; Global Connectivity, which offers a financial transaction network connecting firms and exchanges worldwide; and Transaction Services, which mainly comprises the former NYFIX FIX business, and which incorporates the NYFIX Marketplace and FIX Software businesses. NYSE Liffe US, NYSE Arca and NYSE Amex face considerable competition in derivatives trading. Their main U.S. competitors are the CME Group Inc., Chicago Board Options Exchange, Inc., the International Securities Exchange Holdings, Inc

NYSE Euronext, (XPAR:NYX) Headlines

No Headlines