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Brunswick (Brunswick) Financial Strength

: 6 (As of Dec. 2023)
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Brunswick has the Financial Strength Rank of 6.

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.

Brunswick's Interest Coverage for the quarter that ended in Dec. 2023 was 4.52. Brunswick's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.48. As of today, Brunswick's Altman Z-Score is 3.18.


Competitive Comparison

For the Recreational Vehicles subindustry, Brunswick'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.


Brunswick Financial Strength Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Brunswick's Financial Strength distribution charts can be found below:

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



Brunswick 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:

Brunswick's Interest Expense for the months ended in Dec. 2023 was $-27 Mil. Its Operating Income for the months ended in Dec. 2023 was $123 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,110 Mil.

Brunswick's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*123.3/-27.3
=4.52

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

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

Brunswick's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(483 + 2109.6) / 5447.6
=0.48

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.

Brunswick has a Z-score of 3.18, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.18 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.


Brunswick  (NYSE:BC) 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.

Brunswick has the Financial Strength Rank of 6.


Brunswick Financial Strength Related Terms

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


Brunswick (Brunswick) Business Description

Traded in Other Exchanges
Address
26125 N. Riverwoods Boulevard, Suite 500, Mettawa, IL, USA, 60045-3420
Brunswick is a leading manufacturer in the marine recreation industry. The company has more than 60 brands delivering products across propulsion (outboard, sterndrive, and inboard engines, propulsion-related controls, rigging, and propellers), parts, accessories, and technology, and boats (including well-known brands like Boston Whaler and Sea Ray). It also owns numerous Freedom Boat Club (shared ownership) locations as well as Boateka, which facilitates transactions in the used boat market. Brunswick's focus surrounds building the innovative marine and recreational experiences, technologies, and connections supported by quality and innovation.
Executives
Nancy E Cooper director 26 CHERRY TREE LANE, RIVERSIDE CT 06878
David V Singer director 13024 BALLANTYNE CORPORATE PL, SUITE 900, CHARLOTTE NC 28277
Brenna Preisser officer: V.P. & CHIEF HR OFFICER C/O BRUNSWICK CORPORATION, 1 N. FIELD COURT, LAKE FOREST IL 60045
David M Foulkes officer: VP&Pres Marine Cons Solutions C/O BRUNSWICK CORPORATION, 26125 N RIVERWOOD BLVD. SUITE 500, METTAWA IL 60045-3420
Ryan M Gwillim officer: Senior Vice President & CFO C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD #500, METTAWA IL 60045
Christopher F Dekker officer: V.P. GEN COUNSEL & SECRETARY BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
John G Buelow officer: EVP & President Mercury Marine 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Randall S Altman officer: Vice President and Controller C/O BRUNSWICK CORPORATION, 26125 N RIVERWOODS BLVD, METTAWA IL 60045
Jill Wrobel officer: EVP Chief Human Resources Off C/OBRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Mary Ann Wright director 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Reginald Fils-aime director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Aine Denari officer: VP, President Boat Group C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Brett A Dibkey officer: Vice President C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
William Metzger officer: VICE PRESIDENT AND TREASURER C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045
Christopher Drees officer: PRESIDENT - MERCURY MARINE C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD SUITE 500, METTAWA IL 60045