GCFB (Granite City Food & Brewery) Financial Strength: 0 (As of Jun. 2017)

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What is Granite City Food & Brewery Financial Strength?

Granite City Food & Brewery 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.

Granite City Food & Brewery's Interest Coverage for the quarter that ended in Jun. 2017 was 0.49. Granite City Food & Brewery's debt to revenue ratio for the quarter that ended in Jun. 2017 was 0.41. As of today, Granite City Food & Brewery's Altman Z-Score is 0.00.


Granite City Food & Brewery  (OTCPK:GCFB) 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.

Granite City Food & Brewery has the Financial Strength Rank of 0.


Granite City Food & Brewery Financial Strength Related Terms


GCFB vs BDVB, DBUB, GIGL: Financial Strength Comparison

For the Restaurants subindustry, Granite City Food & Brewery'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.


Granite City Food & Brewery Financial Strength vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Granite City Food & Brewery's Financial Strength distribution charts can be found below:

* The bar in red indicates where Granite City Food & Brewery's Financial Strength falls into.



Granite City Food & Brewery 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:

Granite City Food & Brewery's Interest Expense for the months ended in Jun. 2017 was $-1.3 Mil. Its Operating Income for the months ended in Jun. 2017 was $0.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $20.7 Mil.

Granite City Food & Brewery's Interest Coverage for the quarter that ended in Jun. 2017 is

Interest Coverage=-1*Operating Income (Q: Jun. 2017 )/Interest Expense (Q: Jun. 2017 )
=-1*0.639/-1.314
=0.49

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

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

Granite City Food & Brewery'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
=(39.706 + 20.65) / 147.244
=0.41

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.

Granite City Food & Brewery 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.


Granite City Food & Brewery Business Description

Address 12701 Whitewater Drive, Suite 290, Minnetonka, MN, USA, 55343
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.