Becker Milk Co (TSX:BEK.B) Financial Strength

: 9 (As of Jan. 2024)

View and export this data going back to 1967. Start your Free Trial

Becker Milk Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Becker Milk Co Ltd 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.

Becker Milk Co has no long-term debt ⁽¹⁾. Becker Milk Co's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.00. As of today, Becker Milk Co's Altman Z-Score is 3.89.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Competitive Comparison

For the Real Estate Services subindustry, Becker Milk 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.

Becker Milk Co Financial Strength Distribution

For the Real Estate industry and Real Estate sector, Becker Milk Co's Financial Strength distribution charts can be found below:

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

Becker Milk 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:

Becker Milk Co's Interest Expense for the months ended in Jan. 2024 was C$0.00 Mil. Its Operating Income for the months ended in Jan. 2024 was C$0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil.

Becker Milk Co's Interest Coverage for the quarter that ended in Jan. 2024 is

Becker Milk Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Becker Milk Co Ltd has no debt.

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

Becker Milk Co's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio	=	Total Debt (Q: Jan. 2024 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	0)	/	3.1
	=	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.

Becker Milk Co has a Z-score of 3.89, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.89 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.

Becker Milk Co (TSX:BEK.B) 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.

Becker Milk Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Becker Milk Co Financial Strength Related Terms

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

Becker Milk Co (TSX:BEK.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Becker Milk Co Ltd (TSX:BEK.B) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

393 Eglinton Avenue East, 2nd Floor, Toronto, ON, CAN, M4P 1M6

Website

Becker Milk Co Ltd engages in the ownership and management of retail commercial properties in Ontario, Canada. The company leases retail stores with a few residential sites.

Becker Milk Co (TSX:BEK.B) Headlines

No Headlines