GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AirBoss of America Corp (TSX:BOS) » Definitions » Financial Strength

AirBoss of America (TSX:BOS) Financial Strength : 4 (As of Mar. 2025)


View and export this data going back to 1992. Start your Free Trial

What is AirBoss of America Financial Strength?

AirBoss of America has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

AirBoss of America's Interest Coverage for the quarter that ended in Mar. 2025 was 1.06. AirBoss of America's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.28. As of today, AirBoss of America's Altman Z-Score is 1.79.


Competitive Comparison of AirBoss of America's Financial Strength

For the Specialty Chemicals subindustry, AirBoss of America'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.


AirBoss of America's Financial Strength Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AirBoss of America's Financial Strength distribution charts can be found below:

* The bar in red indicates where AirBoss of America's Financial Strength falls into.


;
;

AirBoss of America 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:

AirBoss of America's Interest Expense for the months ended in Mar. 2025 was C$-4.0 Mil. Its Operating Income for the months ended in Mar. 2025 was C$4.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$162.9 Mil.

AirBoss of America's Interest Coverage for the quarter that ended in Mar. 2025 is

Interest Coverage=-1*Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*4.209/-3.972
=1.06

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

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

AirBoss of America's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(8.008 + 162.873) / 603.576
=0.28

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.

AirBoss of America has a Z-score of 1.79, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.79 is in distress zone. This implies bankruptcy 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.


AirBoss of America  (TSX:BOS) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

AirBoss of America has the Financial Strength Rank of 4.


AirBoss of America Financial Strength Related Terms

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


AirBoss of America Business Description

Traded in Other Exchanges
Address
16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive, and industrial markets. It operates in three segments, The AirBoss Rubber Solutions includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals; The AirBoss Manufactured Products include the manufacture and distribution of anti-noise, vibration, and harshness dampening parts and personal protection and safety products, for CBRN-E threats; The Unallocated Corporate Costs Include corporate activities and certain unallocated costs. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets. Majority of revenue is from Rubber Solutions from USA.
Executives
Peter Grenville Schoch 10% Security Holder, Director
Matthew Boccia Senior Officer
Christos Bitsakakis Senior Officer
Franco Ientile Senior Officer
Slawomir Figel Senior Officer
Stephen Michael Ryan Director
Edward Kiell Senior Officer
Andrew Lowe Senior Officer
Carlos Alberto Amorim Motta Senior Officer
Carl David Chapman Senior Officer
Mary Matthews Director
Michael James Ciarroni Senior Officer
James Gordon Flatt 10% Security Holder
L.l.c. Sentinel Capital Partners 10% Security Holder
Alan Jd Watson Director

AirBoss of America Headlines