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Validus Holdings (Validus Holdings) Financial Strength : 0 (As of Jun. 2018)


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What is Validus Holdings Financial Strength?

Validus Holdings 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.

Validus Holdings's Interest Coverage for the quarter that ended in Jun. 2018 was 1.79. Validus Holdings's debt to revenue ratio for the quarter that ended in Jun. 2018 was 0.66. Altman Z-Score does not apply to banks and insurance companies.


Validus Holdings 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:

Validus Holdings's Interest Expense for the months ended in Jun. 2018 was $-14.07 Mil. Its Operating Income for the months ended in Jun. 2018 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $1,991.09 Mil.

Validus Holdings's Interest Coverage for the quarter that ended in Jun. 2018 is

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

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

Validus Holdings's Debt to Revenue Ratio for the quarter that ended in Jun. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1991.086) / 3037.604
=0.66

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.


Validus Holdings  (NYSE:VRpBCL.PFD) 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.

Validus Holdings has the Financial Strength Rank of 0.


Validus Holdings Financial Strength Related Terms

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


Validus Holdings (Validus Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Validus Holdings Ltd is a holding company for reinsurance and insurance operating companies and investment advisors. The company includes Validus Reinsurance, Talbot Underwriting, Western World Insurance Group, and AlphaCat Managers. Validus Reinsurance is a Bermuda-based reinsurer focused on treaty reinsurance. Talbot is a specialty insurance group that mainly operates in the Lloyd's insurance market. Western World Insurance Group is a U.S. specialty lines insurance company that specialises in excess and surplus lines. AlphaCat Managers provides investment and capital-management advice for third parties and Validus insurance-linked securities, as well as other property-catastrophe and specialty reinsurance investments.
Executives
Karin Hirtler-garvey director 112 W. 34TH STREET, NEW YORK NY 10120
Patrick Boisvert officer: Group Chief Accounting Officer VALIDUS HOLDINGS, LTD, 29 RICHMOND ROAD, PEMBROKE D0 HM08
Gail M Ross director VALIDUS HOLDINGS, LTD., 29 RICHMOND RD, PEMBROKE D0 HM 08
Peter Anthony Bilsby officer: CEO, Talbot Underwriting Ltd. VALIDUS HOLDINGS, LTD., 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Christopher E Watson director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Michael Richard Moore officer: Chief Accounting Officer C/O VALIDUS HOLDINGS, 29 RICHMOND RD, PEMBROKE D0 HM08
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Karen Salam officer: EVP, Group Chief Risk Officer VALIDUS HOLDINGS, THE CHARTIS BUILDING/29 RICHMOND ROAD, PEMBROKE D0 HM08
Lixin Zeng officer: Pres, CEO Alpha Cat & Research VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Kean Driscoll officer: CEO, Validus Reinsurance, Ltd. VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Jeffrey Sangster officer: Chief Accounting Officer VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Mahmoud Abdallah director VALIDUS HOLDINGS, 29 RICHMOND ROAD / CHARTIS HOUSE, PEMBROKE D0 HM 08
Andrew E. Kudera officer: EVP, Chief Actuary VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Robert F Kuzloski officer: EVP, Chief Corp. Legal Officer VALIDUS HOLDINGS, THE CHARTIS HOUSE / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Andrew Mark Gibbs officer: EVP, Group Controller VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08