What is Bluestone Global Financial Strength?
Bluestone Global 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.
Bluestone Global did not have earnings to cover the interest expense.
Bluestone Global's debt to revenue ratio for the quarter that ended in Jun. 2013 was 0.13.
As of today, Bluestone Global's Altman Z-Score is 0.00.
Competitive Comparison of Bluestone Global's Financial Strength
For the Staffing & Employment Services subindustry, Bluestone Global'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.
Bluestone Global's Financial Strength Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Bluestone Global's Financial Strength distribution charts can be found below:
* The bar in red indicates where Bluestone Global's Financial Strength falls into.
Bluestone Global 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:
Bluestone Global's Interest Expense for the
months ended in Jun. 2013 was A$-9.6 Mil. Its Operating Income for the
months ended in Jun. 2013 was A$-45.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was A$17.4 Mil.
Bluestone Global's Interest Coverage for the quarter that ended in Jun. 2013 is
| Bluestone Global did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Bluestone Global's Debt to Revenue Ratio for the quarter that ended in Jun. 2013 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.
Bluestone Global 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.
Bluestone Global (ASX:BUE) Business Description
Traded in Other Exchanges
N/A
Address
Bluestone Global Limited is a specialist labour hire, professional placement and international recruitment firm trading under three key brands: Bluestone Recruitment, ResCo Services and Bluestone International. The Group has core capabilities encompassing temporary, permanent and international recruitment with a focus on the skills and labour constrained industries, including energy (coal, oil & gas), resources, transport and logistics, information technology, health, aged care and financial services. The Company operates its business in three segments: labour hire segment, mining segment and international segment. The Labor Hire segment engages in the placement of temporary and permanent workers domestically and overseas. The Mining segment provides solutions to the resources sector including the delivery of skilled labour, operations of mining sites, maintenance of plant and equipment and the provision of critical spares and consumables. The International segment engages in placement of temporary and permanent workers in Australia, sourced internationally.
Bluestone Global (ASX:BUE) Headlines
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