What is AllianceBernstein Holding LP Financial Strength?
AllianceBernstein Holding LP has the Financial Strength Rank of 6.
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 AllianceBernstein Holding LP's interest coverage with the available data.
AllianceBernstein Holding LP's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00.
Altman Z-Score does not apply to banks and insurance companies.
AllianceBernstein Holding LP 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:
AllianceBernstein Holding LP's Interest Expense for the
months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the
months ended in Mar. 2024 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil.
AllianceBernstein Holding LP's Interest Coverage for the quarter that ended in Mar. 2024 is
| AllianceBernstein Holding LP had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. AllianceBernstein Holding LP has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
AllianceBernstein Holding LP's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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.
AllianceBernstein Holding LP (AllianceBernstein Holding LP) Business Description
Traded in Other Exchanges
N/A
Address
501 Commerce Street, Nashville, TN, USA, 37203
AllianceBernstein provides investment management services to institutional (44% of assets under management), retail (39%), and private (17%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of October 2023, AB had $652 billion in managed assets, composed primarily of fixed-income (39% of AUM) and equity (42%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder. The company also provides sell-side research and brokerage services through its Sanford Bernstein subsidiary (which has been put in available-for-sale status following the joint venture agreement with Société Générale).
Executives
| Thomas Simeone |
officer: Chief Accounting Officer |
ALLIANCEBERNSTEIN, 501 COMMERCE STREET, NASHVILLE TN 37203 |
| Kate C Burke |
officer: Head of Human Capital and CTO |
/CO ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Joan M Lammtennant |
director |
40 WANTAGE AVE, BRANCHVILLE NJ 07890 |
| Karl Sprules |
officer: Head of Global Tech and Ops |
C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Mark R Manley |
officer: SVP/Acting GC of Gen. Partner |
C/O ALLIANCE CAPITAL, 1345 AVENUE OF AMERICAS, NEW YORK NY 10105 |
| Onur Erzan |
officer: Head, Gl. Cl. Grp. & Pr. Wlth. |
C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Stonehill Charles G.t. |
director |
C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104 |
| Todd Walthall |
director |
C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Laurence E Cranch |
officer: General Counsel |
ALLIANCE CAPITAL MANAGEMENT L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Ali Dibadj |
officer: CFO and Head of Strategy |
C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206 |
| Bertram L Scott |
director |
C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417 |
| James A Gingrich |
officer: Chief Operating Officer |
C/O ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Seth P Bernstein |
director, officer: President and CEO |
C/O ALLIANCEBERNSTEIN HOLDING, L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Nella Domenici |
director |
C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| John C Weisenseel |
officer: Chief Financial Officer |
C/O ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
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