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Jewett-Cameron Trading Co (Jewett-Cameron Trading Co) Financial Strength : 8 (As of Feb. 2024)


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What is Jewett-Cameron Trading Co Financial Strength?

Jewett-Cameron Trading Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Jewett-Cameron Trading Co Ltd shows strong financial strength.

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.

Jewett-Cameron Trading Co has no long-term debt (1). Jewett-Cameron Trading Co's debt to revenue ratio for the quarter that ended in Feb. 2024 was 0.00. As of today, Jewett-Cameron Trading Co's Altman Z-Score is 6.61.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Jewett-Cameron Trading Co's Financial Strength

For the Lumber & Wood Production subindustry, Jewett-Cameron Trading Co'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.


Jewett-Cameron Trading Co's Financial Strength Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Jewett-Cameron Trading Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Jewett-Cameron Trading Co's Financial Strength falls into.



Jewett-Cameron Trading Co 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:

Jewett-Cameron Trading Co's Interest Expense for the months ended in Feb. 2024 was $0.00 Mil. Its Operating Income for the months ended in Feb. 2024 was $-0.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil.

Jewett-Cameron Trading Co's Interest Coverage for the quarter that ended in Feb. 2024 is

Jewett-Cameron Trading Co had no long-term debt (1).

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

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

Jewett-Cameron Trading Co's Debt to Revenue Ratio for the quarter that ended in Feb. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Feb. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 32.916
=0.00

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.

Jewett-Cameron Trading Co has a Z-score of 6.61, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.61 is strong.

* 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.


Jewett-Cameron Trading Co  (NAS:JCTCF) 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.

Jewett-Cameron Trading Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Jewett-Cameron Trading Co Financial Strength Related Terms

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Jewett-Cameron Trading Co (Jewett-Cameron Trading Co) Business Description

Traded in Other Exchanges
N/A
Address
32275 North West Hillcrest, P.O. Box 1010, North Plains, OR, USA, 97133
Jewett-Cameron Trading Co Ltd through its subsidiaries engages in the wholesale distribution of a variety of specialty wood products. Its operating segments include, The Industrial wood products segment is engaged in the processing and distribution of industrial wood products. The Pet Fencing and Other segment, which is the key revenue driver, operates as a wholesaler of wood products and a manufacturer and distributor of specialty metal products. The Seed processing and sales segment processes and distributes agricultural seed and Corporate and administrative. The company predominantly operates in United States and also has its presence in Canada, Latin America, Europe and Asia and other regions.
Executives
Chad Michael Summers director, officer: Chief Executive Officer 2615 COEUR D'ALENE DR, WEST LINN OR 97065
Van Domelen Mitchell David officer: CFO and Corporate Secretary 17492 NW COUNTRY DRIVE, PORTLAND OR 97223
Michael Charles Nasser 10 percent owner, officer: Corporate Secretary 3150 S.W. 72ND, PORTLAND OR 97225
Oregon Community Foundation 10 percent owner 1221 SW YAMHILL #100, PORTLAND OR 97205
Donald Boone Irrev Trust 10 percent owner C/O RIVERVIEW TRUST COMPANY, 900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Donald M Boone director, 10 percent owner, officer: President/CEO/Treasurer PO BOX 1010, N PLAINS OR 97133
Chris Joseph Karlin director 1822 PROSPECT AVE, HOOD RIVER OR 97031
Sarah Kathleen Johnson director 810 NE 22ND AVE, PORTLAND OR 97232
Geoffrey Gaddy Guilfoy director 1260 NW NAITO PARKWAY #704, PORTLAND OR 97209
Charles E. Hopewell director, officer: President and CEO P.O. BOX 1010, NORTH PLAINS OR 97133
Frank Gerald Magdlen director 13620 SE MAPLE LANE, MILWAUKIE OR 97222
Ted A Sharp director 428 CRYSTAL SPRINGS LN, KEIZER OR 97303
Ralph Elton Lodewick director 5945 NW SEWELL RD, HILLSBORO OR 97124
Murray George Smith officer: Chief Financial Officer 11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Thomas Robert Rice officer: Chief Financial Officer P.O. BOX 1010, NORTH PLAINS OR 97133

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