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Omega Protein (Omega Protein) Financial Strength : 0 (As of Sep. 2017)


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What is Omega Protein Financial Strength?

Omega Protein 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.

Omega Protein's Interest Coverage for the quarter that ended in Sep. 2017 was 14.10. Omega Protein's debt to revenue ratio for the quarter that ended in Sep. 2017 was 0.00. As of today, Omega Protein's Altman Z-Score is 0.00.


Competitive Comparison of Omega Protein's Financial Strength

For the Packaged Foods subindustry, Omega Protein'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.


Omega Protein's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Omega Protein's Financial Strength distribution charts can be found below:

* The bar in red indicates where Omega Protein's Financial Strength falls into.



Omega Protein 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:

Omega Protein's Interest Expense for the months ended in Sep. 2017 was $-0.0 Mil. Its Operating Income for the months ended in Sep. 2017 was $0.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.0 Mil.

Omega Protein's Interest Coverage for the quarter that ended in Sep. 2017 is

Interest Coverage=-1*Operating Income (Q: Sep. 2017 )/Interest Expense (Q: Sep. 2017 )
=-1*0.691/-0.049
=14.10

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

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

Omega Protein's Debt to Revenue Ratio for the quarter that ended in Sep. 2017 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2017 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.936 + 0) / 361.14
=0.00

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.

Omega Protein 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.


Omega Protein  (NYSE:OME) 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.

Omega Protein has the Financial Strength Rank of 0.


Omega Protein Financial Strength Related Terms

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


Omega Protein (Omega Protein) Business Description

Traded in Other Exchanges
N/A
Address
Omega Protein Corp is a nutritional ingredient company. It develops, produces and delivers healthy products throughout the world to improve nutritional integrity of foods, dietary supplements and animal feeds.
Executives
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
David H Clarke director 777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Mark A Livingston officer: VP & Chief Accounting Officer 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Andrew Johannesen officer: Executive VP and CFO 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Nicodemus Harry O Iv director 5051 WESTHEIMER, SUITE 725, HOUSTON TX 77056
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Harbinger Group Inc. 10 percent owner 3001 DEMING WAY, MIDDLETON WI 53562
Leonard Disalvo director 100 MERIDIAN CENTRE, SUITE 350, ROCHESTER NY 14614

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