What is Blue Nile Financial Strength?
Blue Nile 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.
GuruFocus does not calculate Blue Nile's interest coverage with the available data.
Blue Nile's debt to revenue ratio for the quarter that ended in Sep. 2016 was 0.00.
As of today, Blue Nile's Altman Z-Score is 0.00.
Competitive Comparison of Blue Nile's Financial Strength
For the Luxury Goods subindustry, Blue Nile'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.
Blue Nile's Financial Strength Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Blue Nile's Financial Strength distribution charts can be found below:
* The bar in red indicates where Blue Nile's Financial Strength falls into.
Blue Nile 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:
Blue Nile's Interest Expense for the
months ended in Sep. 2016 was $0.0 Mil. Its Operating Income for the
months ended in Sep. 2016 was $1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $0.4 Mil.
Blue Nile's Interest Coverage for the quarter that ended in Sep. 2016 is
| GuruFocus does not calculate Blue Nile's interest coverage with the available data. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Blue Nile's Debt to Revenue Ratio for the quarter that ended in Sep. 2016 is
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.
Blue Nile 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.
Blue Nile (Blue Nile) Business Description
Traded in Other Exchanges
N/A
Address
Blue Nile Inc is a Delaware corporation incorporated on March 18, 1999 as RockShop.com, Inc. The Company is an online retailer of high-quality diamonds and fine jewelery. The Company's website showcases more than 100,000 independently certified diamonds and styles of fine jewelery, including rings, wedding bands, earrings, necklaces, pendants, bracelets, gifts, and accessories. It also customizes diamond jewelry with its Build Your Own feature that offers customers the ability to customize diamond rings, pendants and earrings. It has developed an efficient online cost structure and supply solution that eliminates traditional layers of diamond wholesalers and brokers, which allows the Company to purchase its product offerings at lower prices by avoiding mark-ups imposed by intermediaries. The Company's merchandise consists of engagement and non-engagement products. The engagement product category includes gold or platinum engagement rings with a diamond center stone and loose diamonds. Its non-engagement product category includes rings, wedding bands, earrings, necklaces, pendants, bracelets, gifts and accessories containing precious metals, diamonds, gemstones, or pearls. The Company's diamond supplier relationships allow it to display suppliers diamond inventories on its website for sale to consumers without holding the diamonds in its inventory until the products are ordered by customers. It purchases polished diamonds from over 100 suppliers. Its diamond suppliers purchase rough and polished diamonds from sources throughout the world. It offers diamonds with specified characteristics in the areas of shape, cut, color, clarity, and carat weight. The Company purchases diamonds on a just in time basis from its suppliers when a customer places an order for a specific diamond and then assembles the diamond with a ring, pendant or earring setting from its inventory into customized diamond jewelry according to customers specifications. The finished jewellery is delivered to the customer generally within three to seven business days from the order date and within one business day for Signature diamonds. The Company's primary competition comes from independent jewelry stores; retail jewelry store chains, such as Tiffany & Co.; online retailers that sell jewelry and online jewelry retailers, such as Amazon.com, James Allen, and Brilliant Earth; department stores, chain stores and mass retailers, such as Nordstrom and Neiman Marcus; online auction sites, such as eBay; catalog and television shopping retailers, such as HSN and QVC; discount superstores and wholesale clubs, such as Wal-Mart and Costco Wholesale; and internet shopping clubs, such as Gilt Groupe and Rue La La.
Executives
| Chris Bruzzo |
director |
411 FIRST AVE., SOUTH, SUITE 700, SEATTLE WA 98104 |
| Michael J Potter |
director |
|
| Mindy C Meads |
director |
3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179 |
| Van Schoonenberg Robert G |
director |
150 N. ORANGE GROVE BLVD, PASADENA CA 91103 |
| Scott E Howe |
director |
740 JACARANDA CIRCLE, HILLSBOROUGH CA 94010 |
| Harvey S Kanter |
director, officer: CEO, Chairman and President |
C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021 |
| David Bradley Binder |
officer: EVP, CAO, & CFO |
601 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98004 |
| Mary Alice Taylor |
director |
DELL COMPUTER CORP, ONE DELL WAY, ROUND ROCK TX 78682 |
| Steven Scheid |
director |
C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608 |
| Mark C Vadon |
director |
705 FIFTH AVE S STE 900, SEATTLE WA 98104 |
| W Eric Carlborg |
director |
1475 FOLSOM STREET, SUITE 200, SAN FRANCISCO CA 94103 |
| Terri K Maupin |
officer: CAO |
C/O EMERITUS CORPORATION, 3131 ELLIOTT AVENUE, SUITE 500, SEATTLE WA 98121 |
| Vijay Talwar |
officer: President of International |
705 FIFTH AVENUE SOUTH, SUITE 900, SEATTLE WA 98104 |
| Diane M Irvine |
officer: Former CEO |
C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105 |
| Marianne Marck |
officer: Senior VP of Technology |
705 FIFTH AVE., SOUTH, SUITE 900, SEATTLE WA 98104 |
Blue Nile (Blue Nile) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NILE has been successfully added to your