: 4 (As of Dec. 2023)
Citigroup has the Financial Strength Rank of 4.
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 Citigroup's interest coverage with the available data.Citigroup's debt to revenue ratio for the quarter that ended in Dec. 2023 was 4.30.Altman Z-Score does not apply to banks and insurance companies.
Citigroup 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:
Citigroup's Interest Expense for the months ended in Dec. 2023 was $-22,555 Mil. Its Operating Income for the months ended in Dec. 2023 was $0 Mil. And its for the quarter that ended in Dec. 2023 was $286,619 Mil.
Citigroup's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Citigroup's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
| Debt to Revenue Ratio | = | Total Debt (Q: Dec. 2023 ) | / | Revenue | ||
| = | ( | + | ) | / | Revenue | |
| = | (37457 | + | 286619) | / | 75360 | |
| = | 4.30 |
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.
Citigroup(NYSE:C) 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.
Citigroup has the Financial Strength Rank of 4.
Citigroup Financial Strength Related Terms
Thank you for viewing the detailed overview of Citigroup's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Citigroup (NYSE:C) Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Financial Services » Banks » Citigroup Inc (NYSE:C) » Definitions » Financial Strength
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Traded in Other Exchanges
Address
388 Greenwich Street, New York, NY, USA, 10013
Website
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group and the personal banking and wealth-management group. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.
Executives
| Andrew John Morton | officer: Head of Markets | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Andrew M. Sieg | officer: Head of Wealth | 100 N TRYON STREET, CHARLOTTE NC 28255 |
| Gonzalo Luchetti | officer: Head of U.S. Personal Banking | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Syed Shahmir Khaliq | officer: Head of Services | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Zdenek Turek | officer: Interim Chief Risk Officer | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Sara Wechter | officer: Head of Human Resources | 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013 |
| Titilope Cole | officer: CEO, Legacy Franchises | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Michael Whitaker | officer: Head of Enterprise O&T | 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013 |
| Von Koskull Casper Wilhelm | director | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Mary Mcniff | officer: CEO, CITIBANK, N.A. | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Brent Mcintosh | officer: General Counsel & Corp Sec'y | 450 POST RD. EAST, WESTPORT CT 06880 |
| Cantu Ernesto Torres | officer: CEO, Latin America | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Sunil Garg | officer: CEO, Citibank, N.A. | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Anand Selvakesari | officer: CEO, Global Consumer Banking | 388 GREENWICH STREET, NEW YORK NY 10013 |
| Johnbull Okpara | officer: Controller&Chief Acct. Officer | 388 GREENWICH STREET, NEW YORK NY 10013 |
