What is Blue Line Protection Group Financial Strength?
Blue Line Protection Group 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.
Blue Line Protection Group's Interest Coverage for the quarter that ended in Mar. 2024 was 3.96.
Blue Line Protection Group's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.46.
As of today, Blue Line Protection Group's Altman Z-Score is -4.91.
Competitive Comparison of Blue Line Protection Group's Financial Strength
For the Security & Protection Services subindustry, Blue Line Protection Group'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.
Blue Line Protection Group's Financial Strength Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Blue Line Protection Group's Financial Strength distribution charts can be found below:
* The bar in red indicates where Blue Line Protection Group's Financial Strength falls into.
Blue Line Protection Group 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:
Blue Line Protection Group's Interest Expense for the
months ended in Mar. 2024 was $-0.05 Mil. Its Operating Income for the
months ended in Mar. 2024 was $0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.14 Mil.
Blue Line Protection Group's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Blue Line Protection Group Inc interest coverage is 3.47, which is low.
2. Debt to revenue ratio. The lower, the better.
Blue Line Protection Group's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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.
Blue Line Protection Group has a Z-score of -4.91, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -4.91 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.
Blue Line Protection Group (Blue Line Protection Group) Business Description
Traded in Other Exchanges
N/A
Address
5765 Logan Street, Denver, CO, USA, 80216
Blue Line Protection Group Inc is engaged in providing armed protection and transportation, banking, compliance, and training services for businesses engaged in the legal cannabis industry. The services are offered to individuals, businesses, and government entities to protect their licenses and business investments. It offers asset logistic services, such as armored transportation service; security services, including shipment protection, money escorts, security monitoring, asset vaulting, VIP and dignitary protection, financial services, such as handling transportation and storage of currency; training; and compliance services. It generates maximum revenue from transportation and banking services.
Executives
| Patrick Deparini |
officer: Chief Financial Officer |
5440 W. SAHARA AVE., SUITE 202, LAS VEGAS NV 89146 |
| Ricky Gene Bennett |
officer: Vice President of Operations |
1350 INDEPENDENCE ST., SUITE 300, LAKEWOOD CO 80125 |
| Daniel Scott Sullivan |
director, officer: Vice President of Marketing |
9457 S. UNIVERSITY BLVD., #272, HIGHLANDS RANCH CO 80126 |
| Sean-robbie Gibson Campbell |
director, officer: Chief Executive Officer |
1350 INDEPENDENCE ST., 3RD FLOOR, LAKEWOOD CO 80215 |
| David Uddman |
director, 10 percent owner, officer: President |
3717 W. WOODSIDE, SPOKANE WA 99208 |
Blue Line Protection Group (Blue Line Protection Group) Headlines
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