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Village Super Market (Village Super Market) Financial Strength : 7 (As of Jan. 2024)


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What is Village Super Market Financial Strength?

Village Super Market has the Financial Strength Rank of 7.

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.

Village Super Market's Interest Coverage for the quarter that ended in Jan. 2024 was 17.63. Village Super Market's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.16. As of today, Village Super Market's Altman Z-Score is 3.59.


Competitive Comparison of Village Super Market's Financial Strength

For the Grocery Stores subindustry, Village Super Market'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.


Village Super Market's Financial Strength Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Village Super Market's Financial Strength distribution charts can be found below:

* The bar in red indicates where Village Super Market's Financial Strength falls into.



Village Super Market 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:

Village Super Market's Interest Expense for the months ended in Jan. 2024 was $-1 Mil. Its Operating Income for the months ended in Jan. 2024 was $18 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $345 Mil.

Village Super Market's Interest Coverage for the quarter that ended in Jan. 2024 is

Interest Coverage=-1*Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*18.442/-1.046
=17.63

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

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

Village Super Market'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
=(32.313 + 345.193) / 2302.316
=0.16

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.

Village Super Market has a Z-score of 3.59, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.59 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.


Village Super Market  (NAS:VLGEA) 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.

Village Super Market has the Financial Strength Rank of 7.


Village Super Market Financial Strength Related Terms

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


Village Super Market (Village Super Market) Business Description

Traded in Other Exchanges
Address
733 Mountain Avenue, Springfield, NJ, USA, 07081
Village Super Market Inc operates a chain of ShopRite supermarkets, a few of which are in northern New Jersey, southern New Jersey, Maryland, and in northeastern Pennsylvania. The company is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite name. It consists of one operating segment, the retail sale of food and nonfood products.
Executives
William Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Perry J. Blatt director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Prasad Pola director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Van Orden John L officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Kevin Begley officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Peter Lavoy director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
David Judge director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Luigi Perri officer: Controller 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Estate Of Perry Sumas 10 percent owner C/O PATRICIA ANAGNOSTIS, 148 KENT PLACE BLVD., SUMMIT NJ 07901
Steven Crystal director 733 MOUNTAIN AVENUE, - - - - - - - - - -, SPRINGFIELD NJ 07081
Stephen Rooney director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Robert Sumas director, 10 percent owner, officer: EVP, Secretary 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John James Sumas officer: VP & General Counsel 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Nicholas James Sumas officer: VP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081

Village Super Market (Village Super Market) Headlines