GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Jarden Corp (NYSE:JAH) » Definitions » Financial Strength

Jarden (Jarden) Financial Strength : 0 (As of Dec. 2015)


View and export this data going back to . Start your Free Trial

What is Jarden Financial Strength?

Jarden 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.

Jarden's Interest Coverage for the quarter that ended in Dec. 2015 was 1.55. Jarden's debt to revenue ratio for the quarter that ended in Dec. 2015 was 0.61. As of today, Jarden's Altman Z-Score is 0.00.


Competitive Comparison of Jarden's Financial Strength

For the Furnishings, Fixtures & Appliances subindustry, Jarden'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.


Jarden's Financial Strength Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jarden's Financial Strength distribution charts can be found below:

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



Jarden 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:

Jarden's Interest Expense for the months ended in Dec. 2015 was $-64 Mil. Its Operating Income for the months ended in Dec. 2015 was $99 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was $5,788 Mil.

Jarden's Interest Coverage for the quarter that ended in Dec. 2015 is

Interest Coverage=-1*Operating Income (Q: Dec. 2015 )/Interest Expense (Q: Dec. 2015 )
=-1*99.2/-64.1
=1.55

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

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

Jarden's Debt to Revenue Ratio for the quarter that ended in Dec. 2015 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2015 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(593.5 + 5787.5) / 10441.6
=0.61

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.

Jarden 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.


Jarden  (NYSE:JAH) 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.

Jarden has the Financial Strength Rank of 0.


Jarden Financial Strength Related Terms

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


Jarden (Jarden) Business Description

Traded in Other Exchanges
N/A
Address
Jarden Corp is a Delaware corporation formed in April 1993. The Company is a provider of consumer products The Company reports four business segments namely Outdoor Solutions, Consumer Solutions, Branded Consumables and Process Solutions. The Outdoor Solutions segment manufactures or sources, markets and distributes consumer active lifestyle products for outdoor and outdoor-related activities. For general outdoor activities, Coleman is a brand for active lifestyle products, that include camping and outdoor equipment such as air beds, camping stoves, coolers, foldable furniture, gas and charcoal grills, lanterns and flashlights, propane fuel, sleeping bags, tents and water recreation products such as boats, kayaks and tow-behinds. The Consumer Solutions segment manufactures or sources, markets, and distributes a diverse line of household products, including kitchen appliances and personal care and wellness products for home use. The products in this segment include clippers and trimmers for professional use in the beauty and barber and animal categories; electric blankets, mattress pads and throws; household kitchen appliances, such as blenders, coffeemakers, irons, mixers, slow cookers, toasters, toaster ovens and vacuum packaging machines; personal care and wellness products, such as air purifiers, fans, heaters and humidifiers, for home use; products for the hospitality industry; and scales for consumer use. The Branded Consumables segment manufactures or sources, markets and distributes a line of branded consumer products, many of which are affordable, consumable and fundamental household staples, including arts and crafts paint brushes, children's card games, fencing, fire extinguishing products, firelogs and firestarters, home canning jars and accessories, kitchen matches, other craft items, plastic cutlery, playing cards and accessories, safes, security cameras, security doors, smoke and carbon monoxide alarms, storage organizers and workshop accessories, toothpicks, window guards and other accessories. This segment markets its products under the Aviator, Ball, Bee, Bernardin, Bicycle, BRK, Crawford, Diamond, Dicon, First Alert, Forster, Hoyle, Java-Log, KEM, Kerr, Lehigh, Leslie-Locke, Loew-Cornell, Pine Mountain and Wellington brand names, among others. The Process Solutions segment manufactures, markets and distributes plastic products including closures, contact lens packaging, medical disposables, plastic cutlery and rigid packaging. Many of these products are consumable in nature or represent components of consumer products. The Company's materials business produces specialty nylon polymers, conductive fibers and monofilament used in various products, including woven mats used by paper producers and weed trimmer cutting line, as well as fiberglass radio antennas for marine, citizen band and military applications. In addition, the Company manufactures a line of industrial zinc products marketed globally for use in the
Executives
Richard T Sansone officer: EVP - Operations ONE CANTERBURY GREEN, 6TH FLOOR STAMFORD CT 06901
William P Lauder director 767 FIFTH AVENUE, NEW YORK NY 10153
Irwin D Simon director C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Michael S Gross director C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Robert L Wood director C/O DOW CHEMICAL CO, 2030 DOW CENTER, MIDLAND MI 48674
John Edward Capps officer: EVP-Admin, Gen. Counsel & Sec. 2381 EXECUTIVE CENTER DRIVE, BOCA RATON FL 33431
Alan W Lefevre officer: EVP - Finance & CFO HERBALIFE NUTRITION, 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Martin E Franklin director, officer: Executive Chairman C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
Ashken Ian G H director, officer: Vice Chairman and President C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
James E Lillie director, officer: Chief Executive Officer C/O MOORE CORPORATION LIMITED, ONE CANTERBURY GREEN, STAMFORD CT 06901
Richard J Heckmann director 75080 FRANK SINATRA DRIVE PALM DESERT CA 92211
John David Tolbert officer: SVP, HR & Corp. Risk 345 S HIGH STREET, STE 201, MUNCIE IN 47305
Patricia Mount officer: SVP, Finance JARDEN CORPORATION, 555 THEODORE FREMD AVENUE, RYE NY 10580
Rene Pierre Azria director C/O JARDEN CORP, 555 THEODORE FREMD AVE, RYE NY 10580
Charles R Kaye director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017

Jarden (Jarden) Headlines

From GuruFocus

Murray Stahl Reduces More Than 300 Stakes in 4th Quarter

By David Goodloe David Goodloe 02-24-2016

Jarden Corp. (JAH) Chairman and CEO Martin E Franklin sells 11,214 Shares

By GuruFocus Research GuruFocus Editor 02-03-2011

Jarden Corp. (JAH) President and COO James E Lillie sells 15,886 Shares

By GuruFocus Research GuruFocus Editor 02-01-2011

Murray Stahl's 3rd-Quarter Transactions Lean to Reductions

By David Goodloe David Goodloe 11-27-2015

Jarden Corp. (JAH) Chairman and CEO Martin E Franklin sells 2,429 Shares

By GuruFocus Research GuruFocus Editor 10-29-2010

Mid-Cap Consumer Staples: Two Ideas

By Fede Zaldua Fede Zaldua 10-18-2013

Jarden Corp. (JAH) Chairman and CEO Martin E Franklin sells 68,571 Shares

By GuruFocus Research GuruFocus Editor 02-24-2011

Jarden Corp. (JAH) President and COO James E Lillie sells 16,553 Shares

By GuruFocus Research GuruFocus Editor 12-22-2009