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Berger Paints Jamaica (XJAM:BRG) Financial Strength : 0 (As of Dec. 2008)


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What is Berger Paints Jamaica Financial Strength?

Berger Paints Jamaica 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.

Berger Paints Jamaica's Interest Coverage for the quarter that ended in Dec. 2008 was 192.83. Berger Paints Jamaica's debt to revenue ratio for the quarter that ended in Dec. 2008 was 0.03. As of today, Berger Paints Jamaica's Altman Z-Score is 0.00.


Competitive Comparison of Berger Paints Jamaica's Financial Strength

For the Specialty Chemicals subindustry, Berger Paints Jamaica'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.


Berger Paints Jamaica's Financial Strength Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Berger Paints Jamaica's Financial Strength distribution charts can be found below:

* The bar in red indicates where Berger Paints Jamaica's Financial Strength falls into.



Berger Paints Jamaica 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:

Berger Paints Jamaica's Interest Expense for the months ended in Dec. 2008 was JMD-8 Mil. Its Operating Income for the months ended in Dec. 2008 was JMD1,527 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2008 was JMD0 Mil.

Berger Paints Jamaica's Interest Coverage for the quarter that ended in Dec. 2008 is

Interest Coverage=-1*Operating Income (Q: Dec. 2008 )/Interest Expense (Q: Dec. 2008 )
=-1*1527.014/-7.919
=192.83

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

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

Berger Paints Jamaica's Debt to Revenue Ratio for the quarter that ended in Dec. 2008 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2008 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(46.791 + 0) / 1527.014
=0.03

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.

Berger Paints Jamaica 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.


Berger Paints Jamaica  (XJAM:BRG) 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.

Berger Paints Jamaica has the Financial Strength Rank of 0.


Berger Paints Jamaica Financial Strength Related Terms

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


Berger Paints Jamaica (XJAM:BRG) Business Description

Traded in Other Exchanges
N/A
Address
256 Spanish Town Road, P O Box 8, Kingston, JAM, 11
Berger Paints Jamaica Ltd is engaged in the manufacturing and distribution of paint and paint related products. The company's products and services include consumer service, protective coatings, marine paints and architectural and wood finishes. It offers paints, primers, textures, wood finishes, and light industrial finishes. It serves homes and institutions. The group has a strong presence in five regions of the world, including Middle East, South Asia, South East Asia, South Pacific, and the Caribbean, through its five corporate brands - Berger International, Asian Paints, SCIB Paints, Apco Coatings, Taubmans, and Kadisco.

Berger Paints Jamaica (XJAM:BRG) Headlines

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