State Investors Bancorp (State Investors Bancorp) Financial Strength : 0 (As of Sep. 2015)

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What is State Investors Bancorp Financial Strength?

State Investors Bancorp 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.

GuruFocus does not calculate State Investors Bancorp's interest coverage with the available data. State Investors Bancorp's debt to revenue ratio for the quarter that ended in Sep. 2015 was 6.67. Altman Z-Score does not apply to banks and insurance companies.

State Investors Bancorp 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:

State Investors Bancorp's Interest Expense for the months ended in Sep. 2015 was $-0.64 Mil. Its Operating Income for the months ended in Sep. 2015 was $0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $56.49 Mil.

State Investors Bancorp's Interest Coverage for the quarter that ended in Sep. 2015 is

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2015 )	/	Interest Expense (Q: Sep. 2015 )
	=	-1	*	0.502	/	-0.641
	=	0.78

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

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

State Investors Bancorp's Debt to Revenue Ratio for the quarter that ended in Sep. 2015 is

Debt to Revenue Ratio	=	Total Debt (Q: Sep. 2015 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	56.494)	/	8.472
	=	6.67

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.

State Investors Bancorp (NAS:SIBC) 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.

State Investors Bancorp has the Financial Strength Rank of 0.

State Investors Bancorp Financial Strength Related Terms

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State Investors Bancorp (State Investors Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » State Investors Bancorp Inc (NAS:SIBC) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.stateinvestors.com

State Investors Bancorp Inc was organized by State-Investors Bank in February 2011. The Company is a savings and loan holding company regulated by the Board of Governors of the Federal Reserve System. State-Investors Bank is a federally chartered savings bank located in Metairie, Louisiana, which is in Jefferson Parish. State-Investors Bank's business consists of attracting deposits from the general public and using those funds to originate residential and commercial loans in Jefferson, Orleans and St. Tammany Parishes within the seven parish New Orleans-Metairie-Kenner Metropolitan Statistical Area. It lending activities are; loan portfolio composition, origination and purchase of loans, loan originations, contractual terms to final maturities, one- to four-family residential real estate loans, commercial real estate loans, land loans, multi-family residential loans, residential construction loans, home equity loans and lines of credit, consumer non-real estate loans, commercial business loans, loan origination and other fees. The Company competes with commercial banks, other savings banks and savings associations, mortgage-banking companies, short-term money market funds and other corporate and government securities funds, mutual funds and from other non-depository financial institutions such as brokerage firms and insurance companies. The types of loans that State Investors Bancorp may originate or purchase are subject to federal and state laws and regulations.