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Papa Murphy′s Holdings (Papa Murphy′s Holdings) Financial Strength : 0 (As of Mar. 2019)


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What is Papa Murphy′s Holdings Financial Strength?

Papa Murphy′s Holdings 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.

Papa Murphy′s Holdings's Interest Coverage for the quarter that ended in Mar. 2019 was 2.81. Papa Murphy′s Holdings's debt to revenue ratio for the quarter that ended in Mar. 2019 was 0.66. As of today, Papa Murphy′s Holdings's Altman Z-Score is 0.00.


Competitive Comparison of Papa Murphy′s Holdings's Financial Strength

For the Restaurants subindustry, Papa Murphy′s Holdings'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.


Papa Murphy′s Holdings's Financial Strength Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Papa Murphy′s Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Papa Murphy′s Holdings's Financial Strength falls into.



Papa Murphy′s Holdings 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:

Papa Murphy′s Holdings's Interest Expense for the months ended in Mar. 2019 was $-1.4 Mil. Its Operating Income for the months ended in Mar. 2019 was $3.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $68.6 Mil.

Papa Murphy′s Holdings's Interest Coverage for the quarter that ended in Mar. 2019 is

Interest Coverage=-1*Operating Income (Q: Mar. 2019 )/Interest Expense (Q: Mar. 2019 )
=-1*3.923/-1.397
=2.81

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

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

Papa Murphy′s Holdings's Debt to Revenue Ratio for the quarter that ended in Mar. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(8.4 + 68.618) / 115.888
=0.66

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.

Papa Murphy′s Holdings 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.


Papa Murphy′s Holdings  (NAS:FRSH) 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.

Papa Murphy′s Holdings has the Financial Strength Rank of 0.


Papa Murphy′s Holdings Financial Strength Related Terms

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Papa Murphy′s Holdings (Papa Murphy′s Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8000 North East Parkway Drive, Suite 350, Vancouver, WA, USA, 98662
Papa Murphy's Holdings Inc is a quick-service pizza restaurant. It primarily franchises its stores, but company-owned stores still generate more than half of the company's total revenue. Papa Murphy's has a Take 'N' Bake model, where customers create and pick up raw pizzas in the restaurants and then bake them at home. The Take 'N' Bake model requires less capital investment and lower operating costs, since stores do not require ovens, dining areas, or serving staff. Nearly all locations are in the United States, but the company has international exposure in Canada and the Middle East.
Executives
L David Mounts director 3910 WHITE HAWK LN, WINSTON-SALEM NC 27106
Jean Birch director 3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Alexander C Matina director C/O MFP INVESTORS, LLC, 667 MADISON AVE, 25TH FL, NEW YORK NY 10065
Michael F Price 10 percent owner C/O MFP INVESTORS LLC, 909 THIRD AVE, 33RD FLOOR, NEW YORK NY 10022
Mfp Partners Lp 10 percent owner 909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Mfp Investors Llc 10 percent owner 909 THIRD AVE, 33RD FLOOR, NEW YORK NY 10022
Noah A. Elbogen director 7755 CENTER AVENUE, SUITE 300, HUNTINGTON BEACH CA 92647
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Jeffrey B Welch director 111 N. CANAL, SUITE 850, CHICAGO IL 60606
Brandon Solano officer: Chief Marketing Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Thomas H Lee director, 10 percent owner C/O THOMAS H. LEE CAPITAL LLC, 767 FIFTH AVENUE, 6TH FLOOR, NEW YORK NY 10153
John Barr director, officer: Chairman 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954