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American Residential Properties (American Residential Properties) Financial Strength : 0 (As of Sep. 2015)


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What is American Residential Properties Financial Strength?

American Residential Properties 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.

American Residential Properties did not have earnings to cover the interest expense. American Residential Properties's debt to revenue ratio for the quarter that ended in Sep. 2015 was 6.10. As of today, American Residential Properties's Altman Z-Score is 0.00.


Competitive Comparison of American Residential Properties's Financial Strength

For the REIT - Residential subindustry, American Residential Properties'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.


American Residential Properties's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Residential Properties's Financial Strength distribution charts can be found below:

* The bar in red indicates where American Residential Properties's Financial Strength falls into.



American Residential Properties 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:

American Residential Properties's Interest Expense for the months ended in Sep. 2015 was $-7.7 Mil. Its Operating Income for the months ended in Sep. 2015 was $-12.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $780.3 Mil.

American Residential Properties's Interest Coverage for the quarter that ended in Sep. 2015 is

American Residential Properties did not have earnings to cover the interest expense.

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

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

American Residential Properties's Debt to Revenue Ratio for the quarter that ended in Sep. 2015 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2015 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 780.329) / 127.868
=6.10

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.

American Residential Properties 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.


American Residential Properties  (NYSE:ARPI) 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.

American Residential Properties has the Financial Strength Rank of 0.


American Residential Properties Financial Strength Related Terms

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


American Residential Properties (American Residential Properties) Business Description

Traded in Other Exchanges
N/A
Address
American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.
Executives
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield director 3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham director
David M. Brain director 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes director, officer: President and COO 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

American Residential Properties (American Residential Properties) Headlines

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