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Maui Land & Pineapple Co (Maui Land & Pineapple Co) Financial Strength : 9 (As of Dec. 2023)


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What is Maui Land & Pineapple Co Financial Strength?

Maui Land & Pineapple Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Maui Land & Pineapple Co Inc shows strong financial strength.

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.

Maui Land & Pineapple Co's Interest Coverage for the quarter that ended in Dec. 2023 was 485.00. Maui Land & Pineapple Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Maui Land & Pineapple Co's Altman Z-Score is 29.55.


Competitive Comparison of Maui Land & Pineapple Co's Financial Strength

For the Real Estate Services subindustry, Maui Land & Pineapple 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.


Maui Land & Pineapple Co's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Maui Land & Pineapple Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Maui Land & Pineapple Co's Financial Strength falls into.



Maui Land & Pineapple 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:

Maui Land & Pineapple Co's Interest Expense for the months ended in Dec. 2023 was $-0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was $0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Maui Land & Pineapple Co's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*0.485/-0.001
=485.00

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

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

Maui Land & Pineapple Co's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 16.172
=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.

Maui Land & Pineapple Co has a Z-score of 29.55, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 29.55 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.


Maui Land & Pineapple Co  (NYSE:MLP) 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.

Maui Land & Pineapple Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Maui Land & Pineapple Co Financial Strength Related Terms

Thank you for viewing the detailed overview of Maui Land & Pineapple Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Maui Land & Pineapple Co (Maui Land & Pineapple Co) Business Description

Traded in Other Exchanges
N/A
Address
200 Village Road, Lahaina, Maui, HI, USA, 96761
Maui Land & Pineapple Co Inc is a landholding and operating company. ML&P owns, develops, sells, and manages residential, resort, commercial, agricultural, and industrial real estate. It operates in three segments: Real Estate, which includes the development and sale of real estate inventory; Leasing operations include residential, resort, commercial, agricultural, industrial land and property leases; and Resort Amenities segment, which include a membership program that provides certain benefits and privileges within the Kapalua Resort for its members. The majority of its revenue is derived from the Leasing segment. Leasing revenue is generated from restaurants, retail outlets, office buildings, warehouses, and other resort activities.
Executives
Race A. Randle officer: CEO C/O MAUI LAND AND PINEAPPLE COMPANY, INC, 200 VILLAGE ROAD, LAHAINA HI 96761
Paulus Subrata officer: Vice President 200 VILLAGE ROAD, LAHAINA HI 96761
R Scot Sellers director C/O ARCHSTONE-SMITH, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Scott Nadao Kodama officer: Accounting Officer 1698 NANA ST., WAILUKU HI 96793
Glyn Aeppel director 6 WHIPPOORWILL LANE, WESTPORT CT 06880
John Sabin director 44 HERSHA DRIVE, HARRISBURG PA 17102
Wade K Kodama officer: CFO 95-1025 AHIKAO ST., MILILANI HI 96789
Michael Shoma Hotta officer: CFO 200 VILLAGE ROAD, LAHAINA HI 96761
Anthony P. Takitani director 200 VILLAGE ROAD, LAHAINA HI 96761
Ryan L Churchill officer: Senior Vice President P. O. BOX 187, KAHULUI HI 96733
Stephen M Case director, 10 percent owner 1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036
Tim T Esaki officer: CFO 200 VILLAGE ROAD, LAHAINA HI 96761
Authur C. Tokin director P. O. BOX 187, KAHULUI HI 96733-6687
John P Durkin officer: CFO P.O. BOX 187, KAHULUI HI 96733-6687
Gerald J Watts officer: VP/General Mngr. MPC 2530 RED HILL AVE, SANTA ANA CA 92705

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