What is FLIR Systems Financial Strength?
FLIR Systems has the Financial Strength Rank of 0.
Good Sign:
FLIR Systems Inc shows strong financial strength.
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.
FLIR Systems's Interest Coverage for the quarter that ended in Mar. 2021 was 8.68.
FLIR Systems's debt to revenue ratio for the quarter that ended in Mar. 2021 was 0.39.
As of today, FLIR Systems's Altman Z-Score is 5.33.
Competitive Comparison of FLIR Systems's Financial Strength
For the Scientific & Technical Instruments subindustry, FLIR Systems'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.
FLIR Systems's Financial Strength Distribution in the Hardware Industry
For the Hardware industry and Technology sector, FLIR Systems's Financial Strength distribution charts can be found below:
* The bar in red indicates where FLIR Systems's Financial Strength falls into.
FLIR Systems 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:
FLIR Systems's Interest Expense for the
months ended in Mar. 2021 was $-6 Mil. Its Operating Income for the
months ended in Mar. 2021 was $53 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $713 Mil.
FLIR Systems's Interest Coverage for the quarter that ended in Mar. 2021 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
FLIR Systems's Debt to Revenue Ratio for the quarter that ended in Mar. 2021 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.
FLIR Systems has a Z-score of 5.33, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 5.33 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.
FLIR Systems (FLIR Systems) Business Description
Traded in Other Exchanges
N/A
Address
27700 SW Parkway Avenue, Wilsonville, OR, USA, 97070
FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.
Executives
| John D Carter |
director |
17575 LITTLE RIVER DRIVE, BEND OR 97707 |
| James J Cannon |
officer: President and CEO |
1000 STANLEY DRIVE, NEW BRITAIN CT 06053 |
| Sonia Galindo |
officer: Sr VP, General Counsel and Sec |
C/O ROSETTA STONE, 1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209 |
| Travis Barton Johnson |
officer: VP, Controller & CAO |
41789 IVY GLEN COURT, ASHBURN VA 20148 |
| Paula M. Cooney |
officer: SVP and CHRO |
1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110 |
| William Wright Crouch |
director |
27700 SW PARKWAY AVENUE WILSONVILLE OR 97070 |
| Carol P Lowe |
officer: Exec VP, Finance and CFO |
4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104 |
| Steven E Wynne |
director |
27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070 |
| Angus L Macdonald |
director |
27700 SW PARKWAY AVENUE WILSONVILLE OR 97070 |
| Earl R Lewis |
director |
C/O NXSTAGE MEDICAL INC. (NXTM), 439 SOUTH UNION STREET, 5TH FLOOR, LAWRENCE MA 01843 |
| Jeffrey Frank |
officer: Sr VP, Global Product Strategy |
27700 SW PARKWAY AVE WILSONVILLE OR 97070 |
| Wood John W Jr |
director |
C/O ANALOGIC, 8 CENTENNIAL DRIVE, PEABODY MA 01960 |
| Cathy A Stauffer |
director |
|
| Robert S Tyrer |
director |
EDO CORP 60 EAST 42ND STR 42ND FL NEW YORK NY 10165 |
| Michael T Smith |
director |
190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431 |
FLIR Systems (FLIR Systems) Headlines
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