The Brink's Co (The Brink's Co) Financial Strength : 4 (As of Dec. 2023)

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What is The Brink's Co Financial Strength?

The Brink's Co 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.

The Brink's Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2.90. The Brink's Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.78. As of today, The Brink's Co's Altman Z-Score is 1.57.

Competitive Comparison of The Brink's Co's Financial Strength

For the Security & Protection Services subindustry, The Brink's Co'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.

The Brink's Co's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The Brink's Co's Financial Strength distribution charts can be found below:

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

The Brink's Co 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:

The Brink's Co's Interest Expense for the months ended in Dec. 2023 was $-52 Mil. Its Operating Income for the months ended in Dec. 2023 was $152 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,528 Mil.

The Brink's Co's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	151.7	/	-52.3
	=	2.90

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

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

The Brink's Co's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio	=	Total Debt (Q: Dec. 2023 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(348.3	+	3528.3)	/	4982.4
	=	0.78

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.

The Brink's Co has a Z-score of 1.57, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.57 is in distress zone. This implies bankruptcy 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.

The Brink's Co (NYSE:BCO) 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.

The Brink's Co has the Financial Strength Rank of 4.

The Brink's Co Financial Strength Related Terms

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

The Brink's Co (The Brink's Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The Brink's Co (NYSE:BCO) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

PTY:Germany PTY:Germany

Address

1801 Bayberry Court, P.O. Box 18100, Richmond, VA, USA, 23226-8100

Website

https://www.brinks.com

The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.

Executives

Arthelbert Louis Parker	director	THE BRINK'S COMPANY, 1801 BAYBERRY CT, 4TH FL, PO BOX 18100, RICHMOND VA 23226
Dominik Bossart	officer: SVP	1800 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Elizabeth A Galloway	officer: EVP and CHRO	AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael F Beech	officer: Executive Vice President	THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Michael J Herling	director	177 BROAD STREET, 15TH FLOOR, STAMFORD CT 06901
Keith R Wyche	director	1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Kurt B Mcmaken	officer: EVP, Chief Financial Officer	THE BRINK'S COMANY, 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Simon Davis	officer: SVP, CHRO	5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Daniel J Castillo	officer: EVP	2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Susan E Docherty	director	THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Kathie J. Andrade	director	6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Rohan Pal	officer: EVP, Chief Information Officer	1801 BAYBERRY COURT, RICHMOND VA 23226
Michael E Sweeney	officer: Controller	C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Timothy Joseph Tynan	director	1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Lindsay K. Blackwood	officer: EVP & General Counsel	1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226