What is Boulder Brands Financial Strength?
Boulder Brands 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.
Boulder Brands's Interest Coverage for the quarter that ended in Sep. 2015 was 0.78.
Boulder Brands's debt to revenue ratio for the quarter that ended in Sep. 2015 was 0.54.
As of today, Boulder Brands's Altman Z-Score is 0.00.
Competitive Comparison of Boulder Brands's Financial Strength
For the Packaged Foods subindustry, Boulder Brands'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.
Boulder Brands's Financial Strength Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Boulder Brands's Financial Strength distribution charts can be found below:
* The bar in red indicates where Boulder Brands's Financial Strength falls into.
Boulder Brands 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:
Boulder Brands's Interest Expense for the
months ended in Sep. 2015 was $-4.2 Mil. Its Operating Income for the
months ended in Sep. 2015 was $3.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $287.8 Mil.
Boulder Brands'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.
Boulder Brands'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.
Boulder Brands 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.
Boulder Brands (Boulder Brands) Business Description
Traded in Other Exchanges
N/A
Address
Boulder Brands Inc, a Delaware corporation was incorporated on May 31, 2005. The Company was formerly known as Smart Balance, Inc. The Company is a marketer of functional food products under the Smart Balance, Earth Balance and Bestlife trademarks. Its products are sold in mass merchandise, grocery, natural food, and club stores throughout the U.S. and Canada. The Company's health and wellness platform consists of brands that target specific health trends: the Glutino and Udi's Gluten Free brands for gluten-free diets; the Earth Balance brand for plant-based diets; the Level Life brand for diabetic diets; EVOL foods for consumers seeking pure and simple ingredients; and the Smart Balance brand for heart healthier diets. The Company distributes its products in all key retail channels, including natural, grocery, club and mass merchandise, and also has a presence in the foodservice and industrial channels. Its business consists of two reportable segments: Smart Balance and Natural. The Natural segment consists of its Glutino, Udi's, Earth Balance and EVOL branded products. The Smart Balance segment consists of its Smart Balance branded products in spreads, butter, grocery and milk and its Level Life products. A majority of its products are sold through supermarket chains and food wholesalers. Its products are available in all 50 states. The Company's products compete with branded products as well as generic and private-label products of food retailers, wholesalers and cooperatives. The Company attempts to protect its intellectual property rights through a combination of patent, trademark, copyright, and trade secret laws, as well as licensing agreements, third-party confidentiality, nondisclosure, and assignment agreements, and by policing third-party misuses of its intellectual property. The manufacturing, packaging, labeling, advertising, distribution and sale of its products are subject to regulation by various government agencies.
Executives
| Benjamin D Chereskin |
director |
THREE FIRST NATIONAL PLAZA STE 3800, CHICAGO IL 60602 |
| Christine Sacco |
officer: CFO and Assistant Treasurer |
C/O SMART BALANCE, INC., 115 WEST CENTURY ROAD, SUITE 260, PARAMUS NJ 07652 |
| Richard Dean Hollis |
director |
3603 HAVEN AVENUE, SUITE E, MENLO PARK CA 94025 |
| Timothy Richard Kraft |
officer: See Remarks |
THE SIMPLY GOOD FOODS COMPANY, 1225 17TH STREET, SUITE 1000, DENVER CO 80202 |
| Gerald J Laber |
director |
C/O APPLIED FILMS CORPORATION, 9586 I-25 FRONTAGE ROAD, LONGMONT CO 80504 |
| Adage Capital Partners Gp, L.l.c. |
10 percent owner |
200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
| Adage Capital Partners, L.p. |
10 percent owner |
200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
| Phillip Gross |
10 percent owner |
200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
| Robert Atchinson |
10 percent owner |
200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
| Adage Capital Advisors, L.l.c. |
10 percent owner |
200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
| Alan S Gever |
officer: Executive VP and CFO |
115 WEST CENTURY ROAD, SUITE 260, PARAMUS NJ 07652 |
| Capital Management Oss |
10 percent owner |
598 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022 |
| Glenn J Krevlin |
10 percent owner |
600 FIFTH AVE, 11TH FL, NEW YORK NY 10020 |
| Glenhill Advisors Llc |
10 percent owner |
600 FIFTH AVE, 11TH FL, NEW YORK NY 10020 |
| Glenhill Capital Management Llc |
10 percent owner |
600 FIFTH AV, 11TH FL, NEW YORK NY 10020 |
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