Ollie's Bargain Outlet Holdings (NAS:OLLI) Financial Strength

: 8 (As of Oct. 2022)

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Ollie's Bargain Outlet Holdings has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Ollie's Bargain Outlet Holdings Inc shows strong financial strength.

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 Ollie's Bargain Outlet Holdings's interest coverage with the available data. Ollie's Bargain Outlet Holdings's debt to revenue ratio for the quarter that ended in Oct. 2022 was 0.27. As of today, Ollie's Bargain Outlet Holdings's Altman Z-Score is 4.89.

Competitive Comparison

For the Discount Stores subindustry, Ollie's Bargain Outlet 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.

Annual Data Quarterly Data

Ollie's Bargain Outlet Holdings Financial Strength Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Ollie's Bargain Outlet Holdings's Financial Strength falls in comparison to its industry or sector. The grey bar indicates the Financial Strength's extreme value range as defined by GuruFocus.

Ollie's Bargain Outlet 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:

Ollie's Bargain Outlet Holdings's Interest Expense for the months ended in Oct. 2022 was $0 Mil. Its Operating Income for the months ended in Oct. 2022 was $30 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2022 was $374 Mil.

Ollie's Bargain Outlet Holdings's Interest Coverage for the quarter that ended in Oct. 2022 is

GuruFocus does not calculate Ollie's Bargain Outlet Holdings'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.

Ollie's Bargain Outlet Holdings's Debt to Revenue Ratio for the quarter that ended in Oct. 2022 is

Debt to Revenue Ratio	=	Total Debt (Q: Oct. 2022 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(82.034	+	374.234)	/	1672.288
	=	0.27

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.

Ollie's Bargain Outlet Holdings has a Z-score of 4.89, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.89 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.

Ollie's Bargain Outlet Holdings (NAS:OLLI) 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.

Ollie's Bargain Outlet Holdings has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Ollie's Bargain Outlet Holdings Financial Strength Related Terms

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Ollie's Bargain Outlet Holdings (NAS:OLLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ollie's Bargain Outlet Holdings Inc (NAS:OLLI) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

OL6:Germany

Address

6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112

Website

https://www.ollies.us

Ollie's Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.

Executives

Abid Rizvi	director	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Robert F Helm	officer: See Remarks	500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
James J Comitale	officer: SVP, General Counsel	30 HUNTER LANE, CAMP HILL PA 17011
Van Der Valk Eric	officer: EVP, COO	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Larry Kraus	officer: VP, CIO	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Scott Osborne	officer: VP, Store Operations	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Ray Daugherty	officer: SVP, Supply Chain	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Alissa M Ahlman	director	AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael L Bangs	10 percent owner	429 SOUTH 18TH STREET, CAMP HILL PA 17011
Stephen W White	director	500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Ccmp Capital Gp, Llc	10 percent owner	1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Howard Freedman	officer: VP, Merchandising	1262 BROCKIE DRIVE, YORK PA 17403
Mark L Butler	officer: President, CEO	1701 NEWVILLE ROAD, CARLISLE PA 17055
Stanley Fleishman	director
Kevin Mclain	officer: SVP, Merchandising	1405 SUMMIT WAY, MECHNICSBURG PA 17050