Competitive Comparison of Pioneer Power Solutions's Financial Strength
For the Electrical Equipment & Parts subindustry, Pioneer Power Solutions'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.
Pioneer Power Solutions's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pioneer Power Solutions's Financial Strength distribution charts can be found below:
* The bar in red indicates where Pioneer Power Solutions's Financial Strength falls into.
Pioneer Power Solutions 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:
Pioneer Power Solutions's Interest Expense for the
months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the
months ended in Sep. 2023 was $0.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.60 Mil.
Pioneer Power Solutions's Interest Coverage for the quarter that ended in Sep. 2023 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Pioneer Power Solutions Inc has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Pioneer Power Solutions's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is
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.
Pioneer Power Solutions has a Z-score of 2.54, indicating it is in Grey Zones. This implies that Pioneer Power Solutions 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 2.54 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.
Pioneer Power Solutions (Pioneer Power Solutions) Business Description
Traded in Other Exchanges
N/A
Address
400 Kelby Street, 12th Floor, One Parker Plaza, Fort Lee, NJ, USA, 07024
Pioneer Power Solutions Inc manufactures, sells, and services a broad range of specialty electrical transmission, distribution, and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets. Pioneer Power works in two reportable segments: Transmission and Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). Pioneer generates most of its revenue from the United States of America.
Executives
| Nathan Mazurek |
10 percent owner, officer: President, CEO, Chairman |
C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024 |
| Kytchener Stevenson Whyte |
director |
400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024 |
| Wojciech Michalec |
officer: Interim CFO |
400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024 |
| A. Lawrence Carroll Trust |
10 percent owner |
415 L'AMBIANCE DRIVE, APT. 804, LONGBOAT KEY FL 34228 |
| David Tesler |
director |
400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024 |
| Jonathan Tulkoff |
director |
400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024 |
| Thomas Klink |
director, officer: See Remarks |
400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024 |
| Andrew Minkow |
director, officer: CFO, Secretary and Treasurer |
400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024 |
| Ian Ross |
director |
400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024 |
| Yossi Cohn |
director |
400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024 |
| David J. Landes |
director, 10 percent owner |
400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024 |
| Provident Pioneer Partners, L.p. |
10 percent owner |
400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024 |
| Provident Canada Corp. |
10 percent owner |
400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024 |
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