What is Knife River Holding Co Financial Strength?
Knife River Holding Co has the Financial Strength Rank of 7.
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.
Knife River Holding Co did not have earnings to cover the interest expense.
Knife River Holding Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.55.
As of today, Knife River Holding Co's Altman Z-Score is 3.97.
Competitive Comparison of Knife River Holding Co's Financial Strength
For the Building Materials subindustry, Knife River Holding Co'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.
Knife River Holding Co's Financial Strength Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Knife River Holding Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Knife River Holding Co's Financial Strength falls into.
Knife River Holding Co 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:
Knife River Holding Co's Interest Expense for the
months ended in Mar. 2024 was $-14 Mil. Its Operating Income for the
months ended in Mar. 2024 was $-54 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $706 Mil.
Knife River Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 is
| Knife River Holding Co did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Knife River Holding Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
Knife River Holding Co has a Z-score of 3.97, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 3.97 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.
Knife River Holding Co (Knife River Holding Co) Business Description
Traded in Other Exchanges
N/A
Address
1150 West Century Avenue, Bismarck, ND, USA, 58503
Knife River Holding Co formerly Knife River Corp provides construction materials and contracting services throughout the western, central, and southern United States. Knife River produces and delivers aggregates and markets crushed stone, sand, gravel, and related construction materials, including ready-mix concrete, asphalt, and other value-added products. It also distributes cement and asphalt oil. It has more than 1 billion tons of aggregate reserves, 110 ready-mix plants, 50 asphalt plants, and a combined 410,000 tons of liquid asphalt and cement storage. The company also performs integrated contracting services for most types of aggregate-related construction, including roads, freeways, bridges, residential properties, schools, shopping centers, office buildings, and industrial parks.
Executives
| Thomas S Everist |
director |
|
| William J Sandbrook |
director |
C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039 |
| Trevor J Hastings |
officer: Vice President & COO |
1250 WEST CENTURY AVENUE, BISMARCK ND 58503 |
| Karen B Fagg |
director |
P. O. BOX 5650, BISMARCK ND 58506-5650 |
| German Carmona-alvarez |
director |
1200 WEST CENTURY AVENUE, BISMARCK ND 58503 |
| Glenn R. Pladsen |
officer: VP of Support Services |
1150 WEST CENTURY AVENUE, BISMARCK ND 58503 |
| John F. Quade |
officer: VP of Business Development |
1150 WEST CENTURY AVENUE, BISMARCK ND 58503 |
| Marney L. Kadrmas |
officer: Chief Accounting Officer |
1150 WEST CENTURY AVENUE, BISMARCK ND 58503 |
| Patricia L Moss |
director |
1100 N.W. WALL STREET, P.O. BOX 369, BEND OR 97701 |
| Jason L Vollmer |
director |
1200 WEST CENTURY AVENUE, BISMARCK ND 58503 |
| David L Goodin |
director, officer: Chair of the Board |
400 NORTH FOURTH STREET, BISMARCK ND 58501 |
| Nathan W Ring |
officer: Vice President & CFO |
1150 WEST CENTURY AVENUE, BISMARCK ND 58503 |
| Karl A Liepitz |
director, officer: General Counsel & Secretary |
1200 WEST CENTURY AVENUE, BISMARCK ND 58503 |
| Brian R. Gray |
director, officer: President & CEO |
1200 WEST CENTURY AVENUE, BISMARCK ND 58503 |
| Mdu Resources Group Inc |
10 percent owner |
1200 WEST CENTURY AVENUE, BISMARCK ND 58503 |
Knife River Holding Co (Knife River Holding Co) Headlines
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