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CDI (CDI) Financial Strength : 0 (As of Jun. 2017)


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What is CDI Financial Strength?

CDI 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.

CDI has no long-term debt (1). CDI's debt to revenue ratio for the quarter that ended in Jun. 2017 was 0.02. As of today, CDI's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of CDI's Financial Strength

For the Staffing & Employment Services subindustry, CDI'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.


CDI's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CDI's Financial Strength distribution charts can be found below:

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



CDI 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:

CDI's Interest Expense for the months ended in Jun. 2017 was $0.0 Mil. Its Operating Income for the months ended in Jun. 2017 was $-6.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.0 Mil.

CDI's Interest Coverage for the quarter that ended in Jun. 2017 is

CDI had no long-term debt (1).

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

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

CDI's Debt to Revenue Ratio for the quarter that ended in Jun. 2017 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2017 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(15.885 + 0) / 677.872
=0.02

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.

CDI 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.


CDI  (NYSE:CDI) 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.

CDI has the Financial Strength Rank of 0.


CDI Financial Strength Related Terms

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


CDI (CDI) Business Description

Traded in Other Exchanges
N/A
Address
CDI Corp. is a staffing firm that provides temporary and permanent workers mainly in the engineering, IT servicing, and construction markets. At the end of 2007 approximately 20% of the firm's revenue was derived from the U.K. construction market and had 1,400 worldwide employees with 11,000 temporary workers on assignment. Based in Philadelphia, Pa., CDI traces its roots back to 1950.
Executives
Lawrence C Karlson director C/O CDI CORP., 1717 ARCH ST 35TH FLOOR, PHILADELPHIA PA 19103-2768
Albert E Smith director
Scott J Freidheim director, officer: President and CEO 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Paulett Eberhart other: Former Director and CEO C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121
Roger H Ballou director, officer: President and CEO C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Papadakis Constantine director 75 CRESTLINE RD, WAYNE NJ 19087
John Iii Fanelli officer: VP-Controller, CDI Corporation C/O CDI CORP., 1717 ARCH ST., 35TH FLOOR, PHILADELPHIA PA 19103
Gregory L Cowan officer: Former Sr. VP & CAO 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Alan B Miller director 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406

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