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Strasbaugh (Strasbaugh) Financial Strength : 0 (As of Jun. 2010)


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What is Strasbaugh Financial Strength?

Strasbaugh 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.

Strasbaugh's Interest Coverage for the quarter that ended in Jun. 2010 was 86.40. Strasbaugh's debt to revenue ratio for the quarter that ended in Jun. 2010 was 0.00. As of today, Strasbaugh's Altman Z-Score is 0.00.


Competitive Comparison of Strasbaugh's Financial Strength

For the Semiconductors subindustry, Strasbaugh'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.


Strasbaugh's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Strasbaugh's Financial Strength distribution charts can be found below:

* The bar in red indicates where Strasbaugh's Financial Strength falls into.



Strasbaugh 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:

Strasbaugh's Interest Expense for the months ended in Jun. 2010 was $-0.01 Mil. Its Operating Income for the months ended in Jun. 2010 was $0.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2010 was $0.00 Mil.

Strasbaugh's Interest Coverage for the quarter that ended in Jun. 2010 is

Interest Coverage=-1*Operating Income (Q: Jun. 2010 )/Interest Expense (Q: Jun. 2010 )
=-1*0.432/-0.005
=86.40

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

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

Strasbaugh's Debt to Revenue Ratio for the quarter that ended in Jun. 2010 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2010 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 24.028
=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.

Strasbaugh 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.


Strasbaugh  (OTCPK:STRB) 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.

Strasbaugh has the Financial Strength Rank of 0.


Strasbaugh Financial Strength Related Terms

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


Strasbaugh (Strasbaugh) Business Description

Traded in Other Exchanges
N/A
Address
825 Buckley Road, San Luis Obispo, CA, USA, 93401
Strasbaugh makes equipment that is used to make microelectronics. The company manufactures and sells CMP and grinding equipment for use in the production of semiconductor devices. Its CMP and wafer grinding systems are used to manufacture a range of mobile devices, including MEMS, LEDs, RF/power devices, thin film heads, and ICs.
Executives
Bryant R Riley director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Miller Lloyd I Iii 10 percent owner
Richard H Nance officer: Executive VP and CFO 825 BUCKLEY ROAD, SAN LUIS OBISPO CA 93401
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Danilo Cacciamatta director
Michael B Targoff director 40 WEST 57TH ST., NEW YORK NY 10019

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