Bluegreen Vacations Holding (Bluegreen Vacations Holding) Financial Strength : 4 (As of Sep. 2023)

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What is Bluegreen Vacations Holding Financial Strength?

Bluegreen Vacations Holding has the Financial Strength Rank of 4.

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.

Bluegreen Vacations Holding's Interest Coverage for the quarter that ended in Sep. 2023 was 1.02. Bluegreen Vacations Holding's debt to revenue ratio for the quarter that ended in Sep. 2023 was 1.00. As of today, Bluegreen Vacations Holding's Altman Z-Score is 2.61.

Competitive Comparison of Bluegreen Vacations Holding's Financial Strength

For the Resorts & Casinos subindustry, Bluegreen Vacations Holding'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.

Bluegreen Vacations Holding's Financial Strength Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations Holding's Financial Strength distribution charts can be found below:

* The bar in red indicates where Bluegreen Vacations Holding's Financial Strength falls into.

Bluegreen Vacations Holding 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:

Bluegreen Vacations Holding's Interest Expense for the months ended in Sep. 2023 was $-19.5 Mil. Its Operating Income for the months ended in Sep. 2023 was $19.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $941.1 Mil.

Bluegreen Vacations Holding's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	19.882	/	-19.458
	=	1.02

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

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

Bluegreen Vacations Holding's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio	=	Total Debt (Q: Sep. 2023 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	941.071)	/	939.844
	=	1.00

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.

Bluegreen Vacations Holding has a Z-score of 2.61, indicating it is in Grey Zones. This implies that Bluegreen Vacations Holding is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.61 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy 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.

Bluegreen Vacations Holding (NYSE:BVH) 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.

Bluegreen Vacations Holding has the Financial Strength Rank of 4.

Bluegreen Vacations Holding Financial Strength Related Terms

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Bluegreen Vacations Holding (Bluegreen Vacations Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bluegreen Vacations Holding Corp (NYSE:BVH) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

BCB1:Germany

Address

4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431

Website

https://www.bvhcorp.com

Bluegreen Vacations Holding Corp is a vacation ownership company that markets and sells vacation ownership interests (VOIs) & manages resorts in popular leisure and urban destinations. The firm operates in two segments: Sales of VOIs and financing & Resort Operations and Club Management. The majority is from the Sales of VOIs and financing segment. The Sales of VOIs and Financing segment includes the Company's marketing and sales activities related to the VOIs that are owned by the Company, VOIs acquired under just-in-time and secondary market inventory arrangements, or sales of VOIs through fee-for-service arrangements with third-party developers, as well as consumer financing activities in connection with sales of VOIs owned by the Company, and title services operations.

Executives

John E Abdo	director, 10 percent owner, officer: Vice Chairman of the Board	P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan	director, 10 percent owner, officer: Chairman of the Bd/President	P. O. BOX 39000, FT LAUDERDALE FL 33303
De La Osa Jorge	officer: EVP, Chief Legal	4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Dusty Tonkin	officer: EVP, Chief Sales Officer	4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Mark Nerenhausen	director	1221 MT CURVE AVE, MINNEAPOLIS MN 55403
Ahmad M Wardak	officer: EVP, Chief Brand Officer	4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera	officer: EVP and CIO	4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Arnold Sevell	director	4960 CONFERENCE WAY N, SUITE 100, BOCA RATON FL 33431
Allmand James R Iii	director	PO BOX 267068, WESTON FL 33326
Orlando Sharpe	director	C/O SHARPE PROJECT DEVELOPMENTS, INC., 1212 S. ANDREWS AVE., STE. 203, FORT LAUDERDALE FL 33316
Lawrence A Cirillo	director	755 SATURN STREET, APT I 104, JUPITER FL 33477
Gregory Adam Haile	director	401 EAST LAS OLAS BLVD SUITE 800, FORT LAUDERDALE FL 33301
Cagnetta Andrew R. Jr.	director	401 EAST LAS OLAS BOULEVARD, SUITE 800, FORT LAUDERDALE FL 33301
Brett Sheppard	officer: Chief Accounting Officer	201 EAST LAS OLAS BOULEVARD, SUITE 1900, FORT LAUDERDALE FL 33301
Winningham Charlie C Ii	director	P. O. BOX 39001, FT LAUDERDALE FL 33303