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Bank of Hawaii (Bank of Hawaii) Financial Strength : 4 (As of Mar. 2024)


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What is Bank of Hawaii Financial Strength?

Bank of Hawaii has the Financial Strength Rank of 4.

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 Bank of Hawaii's interest coverage with the available data. Bank of Hawaii's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.06. Altman Z-Score does not apply to banks and insurance companies.


Bank of Hawaii 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:

Bank of Hawaii's Interest Expense for the months ended in Mar. 2024 was $-96.4 Mil. Its Operating Income for the months ended in Mar. 2024 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $654.3 Mil.

Bank of Hawaii's Interest Coverage for the quarter that ended in Mar. 2024 is

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

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

Bank of Hawaii's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 654.267) / 618.232
=1.06

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.


Bank of Hawaii  (NYSE:BOH) 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.

Bank of Hawaii has the Financial Strength Rank of 4.


Bank of Hawaii Financial Strength Related Terms

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Bank of Hawaii (Bank of Hawaii) Business Description

Traded in Other Exchanges
Address
130 Merchant Street, Honolulu, HI, USA, 96813
Bank of Hawaii Corp provides a broad range of financial products and services primarily to customers in Hawaii, Guam, and other Pacific Islands. The Bank's subsidiaries are engaged in equipment leasing, securities brokerage, investment advisory services, and providing credit insurance. It is organized into three business segments for management reporting purposes: Consumer Banking, Commercial Banking, and Treasury and Other.
Executives
Patrick M Mcguirk officer: Vice Chair and CAO 5151 CORPORATE DRIVE, TROY MI 48098
Wo Robert W Jr director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
Suzanne P Vares-lum director 130 MERCHANT STREET, HONOLULU HI 96813
Kent Thomas Lucien director 130 MERCHANT STREET, HONOLULU HI 96813
Victor K Nichols director 130 MERCHANT STREET, HONOLULU HI 96813
Alicia E Moy director 130 MERCHANT STREET, HONOLULU HI 96813
Peter S Ho officer: VICE CHAIRMAN 130 MERCHANT STREET, HONOLULU HI 96813
Matthew Emerson officer: Vice Chair 130 MERCHANT STREET, HONOLULU HI 96813
Jeanne Dressel officer: Principal Accounting Officer 130 MERCHANT STREET, HONOLULU HI 96813
Sharon M Crofts officer: VICE CHAIRMAN 130 MERCHANT STREET, HONOLULU HI 96813
Elliot K Mills director 130 MERCHANT STREET, HONOLULU HI 96813
Mary E Sellers officer: Vice Chair &, Chief Risk Officer 130 MERCHANT STREET, 22ND FLR, HONOLULU HI 96813
Dean Y Shigemura officer: Sr EVP & Controller 130 MERCHANT STREET, HONOLULU HI 96813
Barbara J Tanabe director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
John C Erickson director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248