FSCR (Federal Screw Works) Financial Strength: 0 (As of Dec. 2004)

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What is Federal Screw Works Financial Strength?

Federal Screw Works has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Federal Screw Works's interest coverage with the available data. Federal Screw Works's debt to revenue ratio for the quarter that ended in Dec. 2004 was 0.19. As of today, Federal Screw Works's Altman Z-Score is 0.00.


Federal Screw Works  (OTCPK:FSCR) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Federal Screw Works has the Financial Strength Rank of 0.


Federal Screw Works Financial Strength Related Terms


FSCR vs PAOS, PFIN: Financial Strength Comparison

For the Tools & Accessories subindustry, Federal Screw Works'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.


Federal Screw Works Financial Strength vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Financial Strength distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Financial Strength falls into.



Federal Screw Works 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:

Federal Screw Works's Interest Expense for the months ended in Dec. 2004 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2004 was $-1.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2004 was $15.47 Mil.

Federal Screw Works's Interest Coverage for the quarter that ended in Dec. 2004 is

GuruFocus does not calculate Federal Screw Works's interest coverage with the available data.

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

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

Federal Screw Works's Debt to Revenue Ratio for the quarter that ended in Dec. 2004 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2004 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 15.465) / 81.82
=0.19

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.

Federal Screw Works 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.


Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.