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Bell Industries (Bell Industries) Financial Strength : 0 (As of Sep. 2010)


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What is Bell Industries Financial Strength?

Bell Industries 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.

Bell Industries's Interest Coverage for the quarter that ended in Sep. 2010 was 6.86. Bell Industries's debt to revenue ratio for the quarter that ended in Sep. 2010 was 0.11. As of today, Bell Industries's Altman Z-Score is 0.00.


Competitive Comparison of Bell Industries's Financial Strength

For the Information Technology Services subindustry, Bell Industries'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.


Bell Industries's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, Bell Industries's Financial Strength distribution charts can be found below:

* The bar in red indicates where Bell Industries's Financial Strength falls into.



Bell Industries 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:

Bell Industries's Interest Expense for the months ended in Sep. 2010 was $-0.3 Mil. Its Operating Income for the months ended in Sep. 2010 was $2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2010 was $11.7 Mil.

Bell Industries's Interest Coverage for the quarter that ended in Sep. 2010 is

Interest Coverage=-1*Operating Income (Q: Sep. 2010 )/Interest Expense (Q: Sep. 2010 )
=-1*2.119/-0.309
=6.86

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

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

Bell Industries's Debt to Revenue Ratio for the quarter that ended in Sep. 2010 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2010 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(5.466 + 11.721) / 160.964
=0.11

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.

Bell Industries 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.


Bell Industries  (GREY:BLLI) 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.

Bell Industries has the Financial Strength Rank of 0.


Bell Industries Financial Strength Related Terms

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


Bell Industries (Bell Industries) Business Description

Traded in Other Exchanges
N/A
Address
4400 W 96th Street, Indianapolis, IN, USA, 46268
Bell Industries Inc is an information technology managed services and solutions company. It provides transformational Next Generation Digital Workplace and Infrastructure Management Solutions to large and mid-market enterprises, as well as the public sector. It also offers End User Computing, Infrastructure Management and Cloud Computing, IT Lifecycle Services and Enterprise Mobility Management.
Executives
Newcastle Partners L P other: see attached explanation 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Mark E Schwarz director, 10 percent owner, officer: Chairman, other: see attached explanation 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Newcastle Capital Group Llc other: see attached explanation 5420 LYNDON B. JOHNSON FREEWAY, STE 1400, DALLAS TX 75240
Newcastle Capital Management Lp other: see attached explanation 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Clinton J Coleman director, other: see attached explanation C/O NEWCASTLE CAPITAL MANAGEMENT, L.P., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Dale Booth director

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