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American Caresource Holdings (American Caresource Holdings) Financial Strength : 0 (As of Jun. 2016)


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What is American Caresource Holdings Financial Strength?

American Caresource 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.

American Caresource Holdings did not have earnings to cover the interest expense. American Caresource Holdings's debt to revenue ratio for the quarter that ended in Jun. 2016 was 0.92. As of today, American Caresource Holdings's Altman Z-Score is 0.00.


Competitive Comparison of American Caresource Holdings's Financial Strength

For the Medical Care Facilities subindustry, American Caresource Holdings'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.


American Caresource Holdings's Financial Strength Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, American Caresource Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where American Caresource Holdings's Financial Strength falls into.



American Caresource 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:

American Caresource Holdings's Interest Expense for the months ended in Jun. 2016 was $-0.13 Mil. Its Operating Income for the months ended in Jun. 2016 was $-1.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $3.20 Mil.

American Caresource Holdings's Interest Coverage for the quarter that ended in Jun. 2016 is

American Caresource Holdings 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.

American Caresource Holdings's Debt to Revenue Ratio for the quarter that ended in Jun. 2016 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2016 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(12.534 + 3.2) / 17.144
=0.92

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.

American Caresource Holdings 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.


American Caresource Holdings  (OTCPK:GNOW) 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.

American Caresource Holdings has the Financial Strength Rank of 0.


American Caresource Holdings Financial Strength Related Terms

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American Caresource Holdings (American Caresource Holdings) Business Description

Traded in Other Exchanges
N/A
Address
55 Ivan Allen Jr. Boulevard, Suite 510, Atlanta, GA, USA, 30308
American Caresource Holdings Inc is a publicly-traded provider of urgent and primary care services. It primarily operates approximately 13 urgent and primary care centers in the east and the southeastern United States. The company generally operates healthcare centers that offer an array of services for non-life-threatening medical conditions primarily to young and middle-aged adults. The group treats colds, influenzas, ear infections, hypertension and other routine medical conditions. It offers its services to healthcare companies, insurance companies, and self-funded organizations. Geographically the business activities of the firm are functioned through the region of United States.
Executives
John Pappajohn director, 10 percent owner 1660 WALT WHITMAN ROAD, SUITE 105, MELVILLE NY 11747
Mark C Oman director, 10 percent owner ONE HOME CAMPUS X2401-06X, DES MOINES IA 50328
Matthew P Kinley director 2116 FINANCIAL CENTER, DES MOINES IA 50309
Edward B Berger director 6060 N. DESERT SUN CT, TUCSON AZ 85752
Geoffrey E. Harris director 8 HARTLEY FARMS ROAD, MORRISTOWN NJ 07960
Derace L Schaffer director C/O ALLION HEALTHCARE, INC., 1660 WALT WHITMAN ROAD, SUITE 105, MELVILLE NY 11747
David S Boone director, officer: President and CEO AMERICAN CARESOURCE HOLDINGS, INC., 5429 LYNDON B. JOHNSON FREEWAY, #100, DALLAS TX 75240
John Hatsopoulos director 85 FIRST AVENUE, WALTHAM MA 02451
Sami S Abbasi director 3600 JP MORGAN CHASE TOWER, 2200 ROSS AVE, DALLAS TX 75201
Principal Life Insurance Co 10 percent owner 711 HIGH STREET, DES MOINES IA 50392-0300
Principal Financial Services Inc 10 percent owner 711 HIGH STREET, DES MOINES IA 50392-0300
Principal Financial Group Inc 10 percent owner 711 HIGH STREET, DES MOINES IA 50392
Wayne A Schellhammer director, officer: Chief Executive Officer AMERICAN CARESOURCE HOLDINGS, INC., 5429 LYNDON B. JOHNSON FREEWAY, STE 700, DALLAS TX 75240

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