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SLMNP.PFD (Lyondellbasell Advanced Polymers) Financial Strength : 0 (As of May. 2018)


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What is Lyondellbasell Advanced Polymers Financial Strength?

Lyondellbasell Advanced Polymers 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.

Lyondellbasell Advanced Polymers's Interest Coverage for the quarter that ended in May. 2018 was 1.47. Lyondellbasell Advanced Polymers's debt to revenue ratio for the quarter that ended in May. 2018 was 0.32. As of today, Lyondellbasell Advanced Polymers's Altman Z-Score is 2.58.


Competitive Comparison of Lyondellbasell Advanced Polymers's Financial Strength

For the Chemicals subindustry, Lyondellbasell Advanced Polymers'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.


Lyondellbasell Advanced Polymers's Financial Strength Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lyondellbasell Advanced Polymers's Financial Strength distribution charts can be found below:

* The bar in red indicates where Lyondellbasell Advanced Polymers's Financial Strength falls into.



Lyondellbasell Advanced Polymers 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:

Lyondellbasell Advanced Polymers's Interest Expense for the months ended in May. 2018 was $-14.29 Mil. Its Operating Income for the months ended in May. 2018 was $21.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2018 was $897.24 Mil.

Lyondellbasell Advanced Polymers's Interest Coverage for the quarter that ended in May. 2018 is

Interest Coverage=-1*Operating Income (Q: May. 2018 )/Interest Expense (Q: May. 2018 )
=-1*21.059/-14.285
=1.47

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

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

Lyondellbasell Advanced Polymers's Debt to Revenue Ratio for the quarter that ended in May. 2018 is

Debt to Revenue Ratio=Total Debt (Q: May. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(21.205 + 897.243) / 2888.96
=0.32

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.

Lyondellbasell Advanced Polymers has a Z-score of 2.58, indicating it is in Grey Zones. This implies that Lyondellbasell Advanced Polymers is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy 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.


Lyondellbasell Advanced Polymers  (OTCPK:SLMNP.PFD) 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.

Lyondellbasell Advanced Polymers has the Financial Strength Rank of 0.


Lyondellbasell Advanced Polymers Financial Strength Related Terms

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Lyondellbasell Advanced Polymers Business Description

Traded in Other Exchanges
N/A
Address
1221 McKinney Street, Suite 300, Houston, TX, USA, 77010
Lyondellbasell Advanced Polymers Inc manufactures and sells a variety of plastics and chemical-based products. The firm's product portfolio includes Engineered Thermoplastics, Masterbatch, Engineered Composites, Specialty Powders, and Distribution Services. The company organizes itself into four main segments by geography. Europe, Middle East, and Africa segment generate more revenue than any other segment. The other segments are the United States and Canada, Latin America, and Asia-Pacific.
Executives
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Allen A Spizzo director 1313 N MARKET ST, WILMINGTON DE 19894
Kathleen M. Oswald director 3637 RIDGEWOOD RD, AKRON OH 44308
Gary D. Phillips officer: Chief Commercial Officer 3637 RIDGEWOOD RD., AKRON OH 44333
John W Richardson officer: EVP - Chief Financial Officer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Andreas K Gunther officer: EVP - Chief Human Resources 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Brent Middleton officer: SVP GM USCAN 1228 TITAN WAY, SUNNYVALE CA 94085
Frank Roederer officer: SVP & GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Rainer Schewe officer: EVP Global Supply Chain 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Andrean Horton officer: Senior Corp. Counsel 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Kevin T Andrews officer: SVP - GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN OH 44333
Kristopher R Westbrooks officer: VP - Controller and CAO 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Stacy R Walter officer: VP - Internal Audit 3550 WEST MARKET STREET, AKRON OH 44333
Timothy J Mcdannold officer: Treasurer - Dir.Risk Mngmnt. 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Heinrich Lingnau-schneider officer: VP & General Manager - Europe 3550 WEST MARKET STREET, AKRON OH 44333