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Partners Group Holding AG (XSWX:PGHN) Financial Strength

: 7 (As of Dec. 2023)
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Partners Group Holding AG 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.

Partners Group Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 was 58.38. Partners Group Holding AG's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.88. As of today, Partners Group Holding AG's Altman Z-Score is 10.12.


Competitive Comparison

For the Asset Management subindustry, Partners Group Holding AG'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.


Partners Group Holding AG Financial Strength Distribution

For the Asset Management industry and Financial Services sector, Partners Group Holding AG's Financial Strength distribution charts can be found below:

* The bar in red indicates where Partners Group Holding AG's Financial Strength falls into.



Partners Group Holding AG 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:

Partners Group Holding AG's Interest Expense for the months ended in Dec. 2023 was CHF-9 Mil. Its Operating Income for the months ended in Dec. 2023 was CHF549 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF921 Mil.

Partners Group Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*548.8/-9.4
=58.38

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

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

Partners Group Holding AG's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(554.2 + 920.8) / 1681.6
=0.88

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.

Partners Group Holding AG has a Z-score of 10.12, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 10.12 is strong.

* 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.


Partners Group Holding AG  (XSWX:PGHN) 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.

Partners Group Holding AG has the Financial Strength Rank of 7.


Partners Group Holding AG Financial Strength Related Terms

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Partners Group Holding AG (XSWX:PGHN) Business Description

Traded in Other Exchanges
Address
Zugerstrasse 57, Baar, Zug, CHE, 6341
Partners Group Holding AG is a publicly-traded, private-market investment group with worldwide operations, primarily in North America and Europe. The company's investments originate mostly from its private equity, private debt, private real estate, and private infrastructure deal flow. Partners Group emphasizes a high hurdle in its selectivity rate. The company seeks to identify a diverse set of high-quality assets that are best positioned to benefit from sectoral and transformative growth trends across regions. It also takes an active role in supporting its investment acquisitions in executing their respective strategies, often through industry collaboration.

Partners Group Holding AG (XSWX:PGHN) Headlines

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