Infrastructure and Energy Alternatives (Infrastructure and Energy Alternatives) Financial Strength : 5 (As of Jun. 2022)

View and export this data going back to 2016. Start your Free Trial

What is Infrastructure and Energy Alternatives Financial Strength?

Infrastructure and Energy Alternatives has the Financial Strength Rank of 5.

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.

Infrastructure and Energy Alternatives's Interest Coverage for the quarter that ended in Jun. 2022 was 3.76. Infrastructure and Energy Alternatives's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.16. As of today, Infrastructure and Energy Alternatives's Altman Z-Score is 2.34.

Competitive Comparison of Infrastructure and Energy Alternatives's Financial Strength

For the Engineering & Construction subindustry, Infrastructure and Energy Alternatives'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.

Infrastructure and Energy Alternatives's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Infrastructure and Energy Alternatives's Financial Strength distribution charts can be found below:

* The bar in red indicates where Infrastructure and Energy Alternatives's Financial Strength falls into.

Infrastructure and Energy Alternatives 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:

Infrastructure and Energy Alternatives's Interest Expense for the months ended in Jun. 2022 was $-7 Mil. Its Operating Income for the months ended in Jun. 2022 was $26 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $392 Mil.

Infrastructure and Energy Alternatives's Interest Coverage for the quarter that ended in Jun. 2022 is

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2022 )	/	Interest Expense (Q: Jun. 2022 )
	=	-1	*	25.806	/	-6.863
	=	3.76

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

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

Infrastructure and Energy Alternatives's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio	=	Total Debt (Q: Jun. 2022 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(34.452	+	391.72)	/	2722.388
	=	0.16

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.

Infrastructure and Energy Alternatives has a Z-score of 2.34, indicating it is in Grey Zones. This implies that Infrastructure and Energy Alternatives is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.34 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.

Infrastructure and Energy Alternatives (NAS:IEA) 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.

Infrastructure and Energy Alternatives has the Financial Strength Rank of 5.

Infrastructure and Energy Alternatives Financial Strength Related Terms

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

Infrastructure and Energy Alternatives (Infrastructure and Energy Alternatives) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Infrastructure and Energy Alternatives Inc (NAS:IEA) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

6325 Digital Way, Suite 460, Indianapolis, IN, USA, 46278

Website

https://www.iea.net

Infrastructure and Energy Alternatives Inc is a United States-based diversified infrastructure construction company with specialized energy and heavy civil expertise throughout the United States. The company operates in two segments, the Renewables segment and the Specialty Civil segment. The Renewables segment, which is the majority revenue generator, provides complete engineering, procurement and construction services for the renewable energy, traditional power and civil infrastructure industries. The Specialty Civil segment operates throughout the U.S. and specializes in a range of services that create a diverse national platform of construction capabilities.

Executives

Peter J Moerbeek	officer: Chief Financial Officer	225 N BARRANCA AVE STE 200, WEST COVINA CA 91791-1605
Garner Charles Hugh Farkas	director	3 COLUMBUS CIRCLE, NEW YORK NY 10019
Christopher Hanson	officer: Executive Vice President Ops	C/O INFRASTRUCTURE AND ENERGY ALTERNATIVES, INC. 6325 DIGITAL WAY 460 INDIANAPOLIS IN 46278
Brian Hummer	officer: Senior Vice President	C/O INFRASTRUCTURE AND ENERGY ALTERNATIVES, INC. 6325 DIGITAL WAY 460 INDIANAPOLIS IN 46278
John Paul Roehm	director, officer: President & CEO	8440 WOODFIELD CROSSING BLVD., SUITE 500, INDIANAPOLIS IN 46240
Erin Jennifer Roth	officer: EVP, General Counsel	3000 EAST MAIN STREET, LAFAYETTE IN 47905
John Eber	director	C/O INFRASTRUCTURE AND ENERGY ALT., INC. 6325 DIGITAL WAY, SUITE 460 INDIANAPOLIS IN 46278
Scott L Graves	director	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Special Situations Fund Iv, L.p.	10 percent owner	C/O ASSF MANAGEMETN IV, L.P. 2000 AVENUE OF THE STARS, 12TH FLOOR LOS ANGELES CA 90067
Park West Asset Management Llc	10 percent owner	1 LETTERMAN DRIVE, SUITE C5-900, SAN FRANCISCO CA 94129
Ares Management Corp	10 percent owner	2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Bunting Theodore H Jr	director	P. O. BOX 61000, NEW ORLEANS LA 70161
Oaktree Capital Group, Llc	director, 10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Fie, Llc	director, 10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Gp, Llc	director, 10 percent owner	333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071