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Midsouth Bancorp (Midsouth Bancorp) Financial Strength : 0 (As of Jun. 2019)


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What is Midsouth Bancorp Financial Strength?

Midsouth 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 Midsouth Bancorp's interest coverage with the available data. Midsouth Bancorp's debt to revenue ratio for the quarter that ended in Jun. 2019 was 0.72. Altman Z-Score does not apply to banks and insurance companies.


Midsouth 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:

Midsouth Bancorp's Interest Expense for the months ended in Jun. 2019 was $-2.03 Mil. Its Operating Income for the months ended in Jun. 2019 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $57.48 Mil.

Midsouth Bancorp's Interest Coverage for the quarter that ended in Jun. 2019 is

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

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

Midsouth Bancorp's Debt to Revenue Ratio for the quarter that ended in Jun. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 57.483) / 80.092
=0.72

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.


Midsouth Bancorp  (NYSE:MSL) 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.

Midsouth Bancorp has the Financial Strength Rank of 0.


Midsouth Bancorp Financial Strength Related Terms

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Midsouth Bancorp (Midsouth Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
102 Versailles Boulevard, Lafayette, LA, USA, 70501
Midsouth Bancorp Inc is a financial holding company based in the United States. The company primarily operates through its wholly owned subsidiary and is engaged in the community banking business by providing banking services to commercial and retail customers. It focuses on providing commercial and consumer loan and deposit services to individuals and small to middle market businesses across America. Deposit products and services offered by the firm include interest-bearing and noninterest-bearing checking accounts, investment accounts, cash management services, and electronic banking services, including remote deposit capturing services, internet banking, and debit and credit cards.
Executives
D Michael Kramer director, other: Vice Chairman of the Board P O BOX 868, EVANSVILLE IN 47705-0868
John Arthur Davis officer: Chief Operating Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
Keith Avant officer: Chief Credit Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
Kade G Peterson officer: SEVP & Chief Operating Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
A Dwight Utz officer: Senior VP of subsidiary POST OFFICE BOX 3745, LAFAYETTE LA 70502