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South Beach Spirits (South Beach Spirits) Financial Strength : 0 (As of Feb. 2018)


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What is South Beach Spirits Financial Strength?

South Beach Spirits 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.

South Beach Spirits has no long-term debt (1). South Beach Spirits's debt to revenue ratio for the quarter that ended in Feb. 2018 was 0.00. As of today, South Beach Spirits's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of South Beach Spirits's Financial Strength

For the Beverages - Wineries & Distilleries subindustry, South Beach Spirits'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.


South Beach Spirits's Financial Strength Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, South Beach Spirits's Financial Strength distribution charts can be found below:

* The bar in red indicates where South Beach Spirits's Financial Strength falls into.



South Beach Spirits 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:

South Beach Spirits's Interest Expense for the months ended in Feb. 2018 was $0.00 Mil. Its Operating Income for the months ended in Feb. 2018 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2018 was $0.00 Mil.

South Beach Spirits's Interest Coverage for the quarter that ended in Feb. 2018 is

South Beach Spirits had no long-term debt (1).

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

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

South Beach Spirits's Debt to Revenue Ratio for the quarter that ended in Feb. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Feb. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0.119
=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.

South Beach Spirits 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.


South Beach Spirits  (OTCPK:SBES) 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.

South Beach Spirits has the Financial Strength Rank of 0.


South Beach Spirits Financial Strength Related Terms

Thank you for viewing the detailed overview of South Beach Spirits's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


South Beach Spirits (South Beach Spirits) Business Description

Traded in Other Exchanges
N/A
Address
8913 Regents Park Drive, No.550, Tampa, FL, USA, 33401
South Beach Spirits Inc is a Florida based company. The company is engaged in the development, marketing, and distribution of alcoholic beverage. It distributes traditional and flavored vodka under the brand V Georgio Vodka.

South Beach Spirits (South Beach Spirits) Headlines

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