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J. W. Mays (J. W. Mays) Financial Strength : 5 (As of Jan. 2024)


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What is J. W. Mays Financial Strength?

J. W. Mays has the Financial Strength Rank of 5.

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.

J. W. Mays did not have earnings to cover the interest expense. J. W. Mays's debt to revenue ratio for the quarter that ended in Jan. 2024 was 1.41. As of today, J. W. Mays's Altman Z-Score is 2.43.


Competitive Comparison of J. W. Mays's Financial Strength

For the Real Estate Services subindustry, J. W. Mays'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.


J. W. Mays's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, J. W. Mays's Financial Strength distribution charts can be found below:

* The bar in red indicates where J. W. Mays's Financial Strength falls into.



J. W. Mays 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:

J. W. Mays's Interest Expense for the months ended in Jan. 2024 was $-0.03 Mil. Its Operating Income for the months ended in Jan. 2024 was $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $30.44 Mil.

J. W. Mays's Interest Coverage for the quarter that ended in Jan. 2024 is

J. W. Mays did not have earnings to cover the interest expense.

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

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

J. W. Mays's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 30.437) / 21.66
=1.41

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.

J. W. Mays has a Z-score of 2.43, indicating it is in Grey Zones. This implies that J. W. Mays is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.43 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


J. W. Mays  (NAS:MAYS) 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.

J. W. Mays has the Financial Strength Rank of 5.


J. W. Mays Financial Strength Related Terms

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


J. W. Mays (J. W. Mays) Business Description

Traded in Other Exchanges
N/A
Address
9 Bond Street, Brooklyn, NY, USA, 11201-5805
J. W. Mays Inc is a real estate company. It is engaged in the leasing of real estate and operates a number of commercial real estate properties in New York. The company leases its properties to retail, restaurant, commercial, and other tenants. Its properties are located in Brooklyn, Circleville, Fishkill, Jamaica, Levittown, and Massapequa.
Executives
Gailoyd Enterprises Corp. 10 percent owner 961 ROUTE 52, CARMEL NY 10512
Steven Gurney-goldman director C/O SOL GOLDMAN INVESTMENTS, LLC, 1185 SIXTH AVENUE - 10TH FLOOR, NEW YORK NY 10036
Jane H Goldman 10 percent owner ESTATE OF SOL GOLDMAN, 640 FIFTH ST THIRD FLOOR, NEW YORK NY 10019
Louisa Little 10 percent owner ESTATE OF SOL GOLDMAN, 640 FIFTH AVE THIRD FLOOR, NEW YORK NY 10019
Allan H. Goldman 10 percent owner 640 FIFTH AVE, NEW YORK NY 10019
Lillian Goldman Marital Trust 10 percent owner 640 FIFTH AVE, NEW YORK NY 10019
Lloyd J Shulman director, officer: Chairman, CEO, President C/O J.W. MAYS, 9 BOND STREET, BROOKLYN NY 11201

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