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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Financial Strength : 0 (As of Oct. 2007)


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What is Jupiter Marine International Holdings Financial Strength?

Jupiter Marine International Holdings 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.

GuruFocus does not calculate Jupiter Marine International Holdings's interest coverage with the available data. Jupiter Marine International Holdings's debt to revenue ratio for the quarter that ended in Oct. 2007 was 0.00. As of today, Jupiter Marine International Holdings's Altman Z-Score is 0.00.


Competitive Comparison of Jupiter Marine International Holdings's Financial Strength

For the Leisure subindustry, Jupiter Marine International Holdings'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.


Jupiter Marine International Holdings's Financial Strength Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jupiter Marine International Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Jupiter Marine International Holdings's Financial Strength falls into.



Jupiter Marine International Holdings 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:

Jupiter Marine International Holdings's Interest Expense for the months ended in Oct. 2007 was $0.00 Mil. Its Operating Income for the months ended in Oct. 2007 was $0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2007 was $0.01 Mil.

Jupiter Marine International Holdings's Interest Coverage for the quarter that ended in Oct. 2007 is

GuruFocus does not calculate Jupiter Marine International Holdings'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.

Jupiter Marine International Holdings's Debt to Revenue Ratio for the quarter that ended in Oct. 2007 is

Debt to Revenue Ratio=Total Debt (Q: Oct. 2007 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.026 + 0.01) / 15.432
=0.00

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.

Jupiter Marine International Holdings 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.


Jupiter Marine International Holdings  (OTCPK:JMIH) 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.

Jupiter Marine International Holdings has the Financial Strength Rank of 0.


Jupiter Marine International Holdings Financial Strength Related Terms

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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

Jupiter Marine International Holdings (Jupiter Marine International Holdings) Headlines

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