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Hamilton Bancorp (Hamilton Bancorp) Financial Strength : 0 (As of Dec. 2018)


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What is Hamilton Bancorp Financial Strength?

Hamilton Bancorp 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.

GuruFocus does not calculate Hamilton Bancorp's interest coverage with the available data. Hamilton Bancorp's debt to revenue ratio for the quarter that ended in Dec. 2018 was 3.43. Altman Z-Score does not apply to banks and insurance companies.


Hamilton Bancorp 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:

Hamilton Bancorp's Interest Expense for the months ended in Dec. 2018 was $-1.35 Mil. Its Operating Income for the months ended in Dec. 2018 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $51.05 Mil.

Hamilton Bancorp's Interest Coverage for the quarter that ended in Dec. 2018 is

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

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

Hamilton Bancorp's Debt to Revenue Ratio for the quarter that ended in Dec. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 51.05) / 14.876
=3.43

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.


Hamilton Bancorp  (NAS:HBK) 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.

Hamilton Bancorp has the Financial Strength Rank of 0.


Hamilton Bancorp Financial Strength Related Terms

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Hamilton Bancorp (Hamilton Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
501 Fairmount Avenue, Suite 200, Towson, MD, USA, 21286
Hamilton Bancorp Inc is part of the financial services sector. As a bank holding company for Hamilton Bank its core activity is accepting deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential mortgage loans, commercial real estate loans, commercial business loans, home equity loans and lines of credit, construction loans and consumer loans. Most of its revenue is generated from the interest received on commercial real estate loans.
Executives
Robert A Dealmeida director, officer: President and CEO C/O HAMILTON BANCORP, INC., 501 FAIRMOUNT AVENUE, SUITE 200, TOWSON MD 21286