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SiteOne Landscape Supply Financial Strength

: 7 (As of Jun. 2022)
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SiteOne Landscape Supply has the Financial Strength Rank of 7.

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.

SiteOne Landscape Supply's Interest Coverage for the quarter that ended in Jun. 2022 was 41.33. SiteOne Landscape Supply's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.16. As of today, SiteOne Landscape Supply's Altman Z-Score is 5.45.


Competitive Comparison

For the Industrial Distribution subindustry, SiteOne Landscape Supply'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.

   

SiteOne Landscape Supply Financial Strength Distribution

For the Industrial Distribution industry and Industrials sector, SiteOne Landscape Supply's Financial Strength distribution charts can be found below:

* The bar in red indicates where SiteOne Landscape Supply's Financial Strength falls into.



SiteOne Landscape Supply 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:

SiteOne Landscape Supply's Interest Expense for the months ended in Jun. 2022 was $-5 Mil. Its Operating Income for the months ended in Jun. 2022 was $190 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $717 Mil.

SiteOne Landscape Supply's Interest Coverage for the quarter that ended in Jun. 2022 is

Interest Coverage=-1*Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*190.1/-4.6
=41.33

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

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

SiteOne Landscape Supply's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(80.9 + 716.7) / 4866.4
=0.16

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.

SiteOne Landscape Supply has a Z-score of 5.45, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.45 is strong.

* 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.


SiteOne Landscape Supply  (NYSE:SITE) 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.

SiteOne Landscape Supply has the Financial Strength Rank of 7.


SiteOne Landscape Supply Financial Strength Related Terms

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


SiteOne Landscape Supply Business Description

SiteOne Landscape Supply logo
Traded in Other Exchanges
Address
300 Colonial Center Parkway, Suite 600, Roswell, GA, USA, 30076
SiteOne Landscape Supply Inc is one of the largest suppliers of tools and equipment. The company serves various businesses which include wholesale irrigation, outdoor lighting, nursery, landscape supplies, grass seeds, and fertilizers, turf protection products, turf care equipment, and golf course accessories for green industry professionals mainly in the United States and Canada. Its product portfolio includes irrigation supplies, fertilizer and herbicides, landscape accessories, nursery goods, natural stones and blocks, outdoor lighting and ice melt products and other products.
Executives
Dunbar Webster Roy director 5757 N. GREEN BAY AVENUE MILWAUKEE WI 53209
Wyszomierski Jack L director SCHERING PLOUGH CORP ONE GIRALDA FARMS MADISON NJ 07940-1000
Isbell Jeri L director ONE LEXMARK CENTRE DR 740 WEST NEW CIRCLE RD LEXINGTON KY 40550
Drake Larisa director EQUITY LIFESTYLE PROPERTIES, INC. TWO NORTH RIVERSIDE PLAZA, SUITE 800 CHICAGO IL 60606
Douglas William W Iii director COCA-COLA ENTERPRISES, INC 2500 WINDY RIDGE PARKWAY ATLANTA GA 30339
Salmon Scott officer: EVP, Strategy & Development 14155 SEABISCUIT MILTON GA 30004
Weller Greg officer: Senior VP of Operations MANSELL OVERLOOK 300 COLONIAL CENTER PARKWAY, SUITE 600 ROSWELL GA 30076
Grebe Michael J director C/O INTERLINE BRANDS, INC. 801 W. BAY STREET JACKSONVILLE FL 32004-1605
Brisendine L Briley Jr officer: EVP, General Counsel & Sec. MANSELL OVERLOOK 300 COLONIAL CENTER PARKWAY, SUITE 600 ROSWELL GA 30076
Convers Pascal officer: EVP, Strategy and Development MANSELL OVERLOOK 300 COLONIAL CENTER PARKWAY, SUITE 600 ROSWELL GA 30076
Ketter Joseph officer: Senior VP, Human Resources. MANSELL OVERLOOK 300 COLONIAL CENTER PARKWAY, SUITE 600 ROSWELL GA 30076
Guthrie John T officer: EVP, CFO and Assistant Sec. MANSELL OVERLOOK 300 COLONIAL CENTER PARKWAY, SUITE 600 ROSWELL GA 30076
Anker Ross officer: EVP, Category Mgmt, Mktg & IT MANSELL OVERLOOK 300 COLONIAL CENTER PARKWAY, SUITE 600 ROSWELL 2Q 30076
Black Doug director, officer: CEO MANSELL OVERLOOK 300 COLONIAL CENTER PARKWAY, SUITE 600 ROSWELL GA 30076
Diaz Fred M director 9614 AMALFI CT BRENTWOOD TN 37027

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