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Premier Exhibitions (Premier Exhibitions) Financial Strength : 0 (As of Aug. 2015)


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What is Premier Exhibitions Financial Strength?

Premier Exhibitions 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.

Premier Exhibitions did not have earnings to cover the interest expense. Premier Exhibitions's debt to revenue ratio for the quarter that ended in Aug. 2015 was 0.55. As of today, Premier Exhibitions's Altman Z-Score is 0.00.


Competitive Comparison of Premier Exhibitions's Financial Strength

For the Leisure subindustry, Premier Exhibitions'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.


Premier Exhibitions's Financial Strength Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Premier Exhibitions's Financial Strength distribution charts can be found below:

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



Premier Exhibitions 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:

Premier Exhibitions's Interest Expense for the months ended in Aug. 2015 was $-0.44 Mil. Its Operating Income for the months ended in Aug. 2015 was $-3.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2015 was $1.04 Mil.

Premier Exhibitions's Interest Coverage for the quarter that ended in Aug. 2015 is

Premier Exhibitions 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.

Premier Exhibitions's Debt to Revenue Ratio for the quarter that ended in Aug. 2015 is

Debt to Revenue Ratio=Total Debt (Q: Aug. 2015 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(13.758 + 1.043) / 26.956
=0.55

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.

Premier Exhibitions 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.


Premier Exhibitions  (OTCPK:PRXIQ) 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.

Premier Exhibitions has the Financial Strength Rank of 0.


Premier Exhibitions Financial Strength Related Terms

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


Premier Exhibitions (Premier Exhibitions) Business Description

Traded in Other Exchanges
N/A
Address
3045 Kingston Court, Suite I, Peachtree Corners, GA, USA, 30071
Premier Exhibitions Inc is engaged in providing leisure services. It develops and sets up tourism-related exhibitions for the purpose of education and entertainment. The company's exhibitions present opportunities to experience compelling stories using authentic objects and artifacts in diverse environments. Its exhibitions are presented in museums, exhibition centers, and other entertainment venues. The company's services include content development, exhibit design, brand development, space planning and detailed fabrication drawings. It also offers merchandising services.
Executives
Alta Fundamental Advisers Llc 10 percent owner 1500 BROADWAY, SUITE 704, NEW YORK NY 10036
Sellers Capital Llc other: See Remarks 311 S WACKER DR STE 925 CHICAGO IL 60606
Sellers Capital Master Fund, Ltd. other: See Remarks C/O M&C CORPORATE SERVICES, UGLAND HOUSE S. CHURCH ST, PO BOX 309 GT GEORGE TOWN, GRAND CAYMAN E9 CAYMAN
Mark A Sellers other: See Remarks SELLERS CAPITAL 161 N CLARK ST STE 4700 CHICAGO IL 60601
Mingcheng Tao director 3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Richard Kraniak director
Mark Mcgowan director C/O COMBIMATRIX CORPORATION, 6500 HARBOUR HEIGHTS PARKWAY, SUITE 303, MUKILTEO WA 98275
Bruce David Eskowitz director, officer: President and CEO 202 N. CRESCENT DRIVE #1, BEVERLY HILLS CA 96210
Joseph B Marsh 10 percent owner 605 SURFSIDE DRIVE AKRON OH 44317

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