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USA Truck (USA Truck) Financial Strength : 5 (As of Jun. 2022)


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What is USA Truck Financial Strength?

USA Truck has the Financial Strength Rank of 5.

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.

USA Truck's Interest Coverage for the quarter that ended in Jun. 2022 was 4.61. USA Truck's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.23. As of today, USA Truck's Altman Z-Score is 3.38.


Competitive Comparison of USA Truck's Financial Strength

For the Trucking subindustry, USA Truck'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.


USA Truck's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, USA Truck's Financial Strength distribution charts can be found below:

* The bar in red indicates where USA Truck's Financial Strength falls into.



USA Truck 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:

USA Truck's Interest Expense for the months ended in Jun. 2022 was $-1.5 Mil. Its Operating Income for the months ended in Jun. 2022 was $7.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $141.6 Mil.

USA Truck's Interest Coverage for the quarter that ended in Jun. 2022 is

Interest Coverage=-1*Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*7.103/-1.542
=4.61

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

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

USA Truck's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(41.011 + 141.594) / 808.52
=0.23

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.

USA Truck has a Z-score of 3.38, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.38 is strong.

* 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.


USA Truck  (NAS:USAK) 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.

USA Truck has the Financial Strength Rank of 5.


USA Truck Financial Strength Related Terms

Thank you for viewing the detailed overview of USA Truck's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


USA Truck (USA Truck) Business Description

Traded in Other Exchanges
N/A
Address
3200 Industrial Park Road, Van Buren, AR, USA, 72956
USA Truck Inc provides transportation and logistics services. It reports two segments namely Trucking which consists of the company's truckload and freight service offerings and USAT Logistics which consist of the company's freight brokerage, logistics, and rail intermodal service offerings. The company transports commodities throughout the United States and into and out of portions of Canada and Mexico. The majority of the revenue is generated from the Trucking segment.
Executives
Robert E. Creager director 2728 TANGLEY ROAD, HOUSTON TX 77005
Rajan Penkar director C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Kimberly K Littlejohn officer: SVP - Customer Experience, CIO 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Thomas M Glaser director
Barbara J Faulkenberry director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Timothy W Guin officer: EVP & Chief Commercial Officer 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
James D Reed director, officer: President and CEO 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Jason R. Bates officer: EVP, Chief Financial Officer USA TRUCK, INC., 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Zachary B King officer: VP, Corporate Controller, PAO 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Hermann Justin Kreimer officer: VP - Trucking Operations 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Katherine B. Knight officer: VP, Gen Counsel, Corp Sec. 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Gary Enzor director 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Robert A Peiser director PO BOX 612787, DFW AIRPORT TX 75261
Mary Susan Chambers director 702 S.W. 8TH STREET, BENTONVILLE AR 72716-0215

USA Truck (USA Truck) Headlines

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