What is Direct Selling Acquisition Financial Strength?
Direct Selling Acquisition 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.
Direct Selling Acquisition has no long-term debt (1).
As of today, Direct Selling Acquisition's Altman Z-Score is 0.00.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Direct Selling Acquisition's Financial Strength
For the Shell Companies subindustry, Direct Selling Acquisition'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.
Direct Selling Acquisition's Financial Strength Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Direct Selling Acquisition's Financial Strength distribution charts can be found below:
* The bar in red indicates where Direct Selling Acquisition's Financial Strength falls into.
Direct Selling Acquisition 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:
Direct Selling Acquisition's Interest Expense for the
months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the
months ended in Mar. 2024 was $-1.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.
Direct Selling Acquisition's Interest Coverage for the quarter that ended in Mar. 2024 is
| Direct Selling Acquisition had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Direct Selling Acquisition'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.
Direct Selling Acquisition 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.
Direct Selling Acquisition (Direct Selling Acquisition) Business Description
Traded in Other Exchanges
N/A
Address
5800 Democracy Drive, Plano, TX, USA, 75024
Direct Selling Acquisition Corp is a blank check company.
Executives
| Himanshu Gulati |
10 percent owner |
500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110 |
| Antara Capital Lp |
10 percent owner |
55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001 |
| Antara Capital Master Fund Lp |
10 percent owner |
500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110 |
| Antara Capital Fund Gp Llc |
10 percent owner |
500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110 |
| Antara Capital Gp Llc |
10 percent owner |
500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110 |
| Antara Capital Total Return Spac Master Fund Lp |
10 percent owner |
55 HUDSON YARDS, 47TH FLOOR, SUITE C, NEW YORK NY 10001 |
| Antara Capital Total Return Spac Fund Gp Llc |
10 percent owner |
55 HUDSON YARDS, 47TH FLOOR, SUITE C, NEW YORK NY 10001 |
| Wayne Lee Moorehead |
director, officer: Chief Strategy Officer |
123 EAST 200 NORTH, ALPINE UT 84004 |
| Addison John A. Jr. |
director |
3120 BRECKINRIDGE BLVD., DULUTH GA 30099 |
| Dave Wentz |
director, officer: Chief Executive Officer |
308 W 300, S #203, SALT LAKE CITY UT 84101 |
| Bradford Richardson |
director |
3838 WEST PARKWAY BLVD, SALT LAKE CITY UT 84120 |
| Travis Ogden |
director |
C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024 |
| Mike Lohner |
director, officer: Chief Financial Officer |
C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024 |
| Heather Chastain |
director |
C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024 |
| Dsac Partners Llc |
10 percent owner |
C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024 |
Direct Selling Acquisition (Direct Selling Acquisition) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DSAQ has been successfully added to your