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Chambers Street Properties (Chambers Street Properties) Financial Strength : 0 (As of Jun. 2018)


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What is Chambers Street Properties Financial Strength?

Chambers Street Properties 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.

Chambers Street Properties's Interest Coverage for the quarter that ended in Jun. 2018 was 1.55. Chambers Street Properties's debt to revenue ratio for the quarter that ended in Jun. 2018 was 4.96. As of today, Chambers Street Properties's Altman Z-Score is 0.67.


Competitive Comparison of Chambers Street Properties's Financial Strength

For the REIT - Industrial subindustry, Chambers Street Properties'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.


Chambers Street Properties's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chambers Street Properties's Financial Strength distribution charts can be found below:

* The bar in red indicates where Chambers Street Properties's Financial Strength falls into.



Chambers Street Properties 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:

Chambers Street Properties's Interest Expense for the months ended in Jun. 2018 was $-25.6 Mil. Its Operating Income for the months ended in Jun. 2018 was $39.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $2,886.3 Mil.

Chambers Street Properties's Interest Coverage for the quarter that ended in Jun. 2018 is

Interest Coverage=-1*Operating Income (Q: Jun. 2018 )/Interest Expense (Q: Jun. 2018 )
=-1*39.62/-25.597
=1.55

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

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

Chambers Street Properties's Debt to Revenue Ratio for the quarter that ended in Jun. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 2886.308) / 582.38
=4.96

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.

Chambers Street Properties has a Z-score of 0.67, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.67 is in distress zone. 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.


Chambers Street Properties  (NYSE:CSG) 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.

Chambers Street Properties has the Financial Strength Rank of 0.


Chambers Street Properties Financial Strength Related Terms

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


Chambers Street Properties (Chambers Street Properties) Business Description

Traded in Other Exchanges
N/A
Address
Gramercy Property Trust is a real estate investment trust engaged in acquisition and management of single-tenant industrial, office, and specialty properties in the U.S. and Europe. In terms of total value, the vast majority of the company's real estate portfolio is split between offices and industrial properties, such as warehouses and distribution centers, located in urban markets throughout the U.S. Gramercy Property derives nearly all of its income in the form of rental revenue from tenants signed to medium- to long-term leases. The company's assets are fairly evenly dispersed between America's large metropolitan areas, such as Dallas, Los Angeles, New York, and Chicago. Gramercy's major tenants include firms from the financial, healthcare, consumer product, and technology industries.
Executives
Gregory F Hughes director
Charles E Black director 101 W. BROADWAY, SUITE 840, SAN DIEGO CA 92101
Allan Baum director 126 PIERREPONT STREET #3, BROOKLYN NY 11201
Louis P Salvatore director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Jeffrey E Kelter director C/O JACK CREEK INVESTMENT CORP., 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
James L Francis director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Gordon F Dugan director, officer: Chief Executive Officer 50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Matey Edward J Jr officer: EVP, Secretary + Gen. Counsel
Benjamin P Harris officer: President WP CAREY & CO LLC, 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Jon W. Clark officer: Chief Financial Officer 420 LEXINGTON AVE., NEW YORK NY 10170
Nicholas L. Pell officer: Chief Investment Officer 521 5TH AVENUE, 30TH FLOOR, NEW YORK NY 10175
Martin A Reid director, officer: Interim President & CEO, & CFO 1929 WEST JOPPA ROAD, RUXTON MD 21204
Philip L Kianka officer: COO & Executive VP 17 HULFISH STREET, SUITE 280, PRINCETON NJ 08542