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Carlyle Creditome Fund (Carlyle Creditome Fund) Financial Strength : 7 (As of Sep. 2023)


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What is Carlyle Creditome Fund Financial Strength?

Carlyle Creditome Fund has the Financial Strength Rank of 7.

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 Carlyle Creditome Fund's interest coverage with the available data. Carlyle Creditome Fund's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


Carlyle Creditome 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:

Carlyle Creditome Fund's Interest Expense for the months ended in Sep. 2023 was $-0.06 Mil. Its Operating Income for the months ended in Sep. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil.

Carlyle Creditome Fund's Interest Coverage for the quarter that ended in Sep. 2023 is

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

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

Carlyle Creditome Fund's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / -18.892
=0.00

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.


Carlyle Creditome Fund  (NYSE:CCIF) 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.

Carlyle Creditome Fund has the Financial Strength Rank of 7.


Carlyle Creditome Fund Financial Strength Related Terms

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Carlyle Creditome Fund (Carlyle Creditome Fund) Business Description

Traded in Other Exchanges
N/A
Address
One Vanderbilt Avenue, Suite 3400, New York, NY, USA, 10017
Carlyle Credit Income Fund is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to generate current income, with a secondary objective to generate capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity and junior debt tranches of collateralized loan obligations, that are collateralized by a portfolio consisting primarily of below-investment-grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors.
Executives
Joshua Lefkowitz officer: CCO, CLO & Secretary C/O THE CARLYLE GROUP, 520 MADISON AVE, 38TH FLOOR, NEW YORK NY 10022
Nelson Joseph officer: PFO, PAO & Treasurer ONE VANDERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Lauren Michelle Basmadjian director, officer: Principal Executive Officer 250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Nishil Mehta other: Portfolio Manager ONE VANDERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Joan Y Mccabe director C/O CARLYLE GLOBAL CREDIT INVESTMENT MGT, ONE VANDERBILT AVE STE 3400, NEW YORK NY 10017
Sanjeev Handa director C/O CARLYLE GLOBAL CREDIT INVESTMENT MGT, ONE VANDERBILT AVE STE 3400, NEW YORK NY 10017
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Brian Marcus director C/O THE CARLYLE GROUP, 520 MADISON AVE, 38TH FLOOR, NEW YORK NY 10022
Mark Garbin director C/O ALTEGRIS KKR COMMITMENTS MASTER FUND, 1200 PROSPECT STREET, SUITE 400, LA JOLLA CA 92037
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Tc Group, Llc 10 percent owner C/O CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE NW SUITE 220 S, WASHINGTON DC 20004
Carlyle Holdings I Gp Inc. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I L.p. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Investment Management Llc 10 percent owner 1001 PENNSYLVANIA AVE. N.W., WASHINGTON DC 20004