What is Breeze-Eastern Financial Strength?
Breeze-Eastern 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.
Breeze-Eastern's Interest Coverage for the quarter that ended in Sep. 2015 was 552.63.
Breeze-Eastern's debt to revenue ratio for the quarter that ended in Sep. 2015 was 0.11.
As of today, Breeze-Eastern's Altman Z-Score is 0.00.
Competitive Comparison of Breeze-Eastern's Financial Strength
For the Aerospace & Defense subindustry, Breeze-Eastern'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.
Breeze-Eastern's Financial Strength Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Breeze-Eastern's Financial Strength distribution charts can be found below:
* The bar in red indicates where Breeze-Eastern's Financial Strength falls into.
Breeze-Eastern 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:
Breeze-Eastern's Interest Expense for the
months ended in Sep. 2015 was $-0.01 Mil. Its Operating Income for the
months ended in Sep. 2015 was $4.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $10.98 Mil.
Breeze-Eastern's Interest Coverage for the quarter that ended in Sep. 2015 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Breeze-Eastern's Debt to Revenue Ratio for the quarter that ended in Sep. 2015 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.
Breeze-Eastern 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.
Breeze-Eastern (Breeze-Eastern) Business Description
Traded in Other Exchanges
N/A
Address
Breeze-Eastern Corp a Delaware corporation was organized in 1962. The Company designs, develops, manufactures, sells and services sophisticated engineered mission equipment for specialty aerospace and defense applications. Its core business is aerospace and defense products. The Company develops helicopter hoist and winch systems, including systems for the current generation of Sikorsky H-60 Blackhawk and Naval Hawk, Bell-Boeing V-22 Osprey, Boeing CH-47 Chinook, Dolphin, Changhe Z-11, Agusta Westland A-W109, AW119 and AW139 helicopter. It also designs, markets, sells and services a line of hydraulic and electric aircraft cargo winch system. Its external cargo hook systems are original equipment on military medium and heavy lift helicopters. Its latest designs incorporate load sensing and display technology and automatic load release features. It also manufactures cargo and aircraft tie-downs which are included in this product line. It makes static-line retrieval and cargo winches for military cargo aircraft including the Boeing C-17, Alenia C-27J and CASA CN-235 and CASA C-295. Its weapons handling systems include weapons handling equipment for land-based rocket launchers and munitions hoists for loading missiles and other loads using electric power or exchangeable battery packs. It supplies this equipment for the United States, Japanese and European Multiple-Launch Rocket Systems (MLRS) and the United States High Mobility Artillery Rocket System (HIMARS). It performs overhaul, repair and maintenance services for all of its products. These services are performed at its Whippany, New Jersey facility. It also has licensed third-party vendors to perform these services.
Executives
| Wynnefield Partners Small Cap Value Lp |
10 percent owner |
450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123 |
| Nelson Obus |
10 percent owner |
|
| Wynnefield Capital Management Llc |
10 percent owner |
450 SEVENTH AVE, STE 509, NEW YORK NY 10123 |
| Wynnefield Partners Small Cap Value Lp I |
10 percent owner |
450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123 |
| Joshua Landes |
10 percent owner |
|
| Wynnefield Capital Inc |
10 percent owner |
450 SEVENTH AVE, STE 509, NEW YORK NY 10123 |
| Wynnefield Small Cap Value Offshore Fund Ltd |
10 percent owner |
450 SEVENTH AVE, STE 509, NEW YORK NY 10123 |
| Frederick Gerald Wasserman |
director |
4 NOBADEER DRIVE, PENNINGTON NJ 08534 |
| Russell M Sarachek |
director |
4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007 |
| William H Alderman |
director |
C/O AVIATION SALES CO, 6905 N.W. 25TH ST, MIAMI FL 33122 |
| Channel Partnership Ii L P |
10 percent owner |
450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123 |
| Jay R Harris |
director |
|
| Gail Lieberman |
director |
175 EAST 79TH STREET, APT. 4D, NEW YORK NY 10075 |
| Joseph S Bracewell |
director |
WASHINGTONFIRST BANKSHARES, INC., 11921 FREEDOM DRIVE, SUITE 250, RESTON VA 20190 |
| John H Dalton |
director |
50 OLD WEBSTER ROAD, OXFORD MA 01540 |
Breeze-Eastern (Breeze-Eastern) Headlines
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