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Bemis Co (Bemis Co) Financial Strength : 0 (As of Mar. 2019)


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What is Bemis Co Financial Strength?

Bemis Co 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.

Bemis Co's Interest Coverage for the quarter that ended in Mar. 2019 was 5.62. Bemis Co's debt to revenue ratio for the quarter that ended in Mar. 2019 was 0.35. As of today, Bemis Co's Altman Z-Score is 0.00.


Competitive Comparison of Bemis Co's Financial Strength

For the Packaging & Containers subindustry, Bemis 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.


Bemis Co's Financial Strength Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bemis Co's Financial Strength distribution charts can be found below:

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



Bemis 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:

Bemis Co's Interest Expense for the months ended in Mar. 2019 was $-19 Mil. Its Operating Income for the months ended in Mar. 2019 was $104 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $1,395 Mil.

Bemis Co's Interest Coverage for the quarter that ended in Mar. 2019 is

Interest Coverage=-1*Operating Income (Q: Mar. 2019 )/Interest Expense (Q: Mar. 2019 )
=-1*104/-18.5
=5.62

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

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

Bemis Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(14.4 + 1395) / 4005.6
=0.35

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.

Bemis Co 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.


Bemis Co  (NYSE:BMS) 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.

Bemis Co has the Financial Strength Rank of 0.


Bemis Co Financial Strength Related Terms

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


Bemis Co (Bemis Co) Business Description

Traded in Other Exchanges
N/A
Address
2301 Industrial Drive, Neenah, WI, USA, 54957-0669
Bemis manufactures flexible packaging, primarily for the food industry, but also for the medical and consumer product industries. In coming years, we expect the company to look to make bolt-on acquisitions and invest in higher-end packaging technologies.
Executives
Deursen Holly Van director 21211 NORDHOFF STREET, CHATSWORTH CA 91311
William E Jackson officer: Senior Vice President ONE NEENAH CENTER, 4TH FLOOR P.O. BOX 669 NEENAH WI 54957
Adele M. Gulfo director ONE NEENAH CENTER, 4TH FLOOR, P.O. BOX 669, NEENAH WI 54957
William F. Austen director, officer: President & CEO 222 SOUTH 9TH STREET, SUITE 2300, MINNEAPOLIS MN 55402-4099
Robert H Yanker director 3505 RIVERLY ROAD, ATLANTA GA 30327
Michael B Clauer officer: Senior Vice President
Marran H. Ogilvie director 599 LEXINGTON AVENUE, NEW YORK NY 10022
Philip G Weaver director COOPER TIRE & RUBBER CO, 701 LIMA AVE, FINDLAY OH 45840
Arun Nayar director 9 MARSHAL LANE, WESTON CT 06883
Louis Fred Stephan officer: President Bemis North America 2301 INDUSTRIAL DRIVE, NEENAH WI 54956
David T Szczupak director WHIRLPOOL CORPORATION, 2000 M63N, BENTON HARBOR MI 49022
Sheri H. Edison officer: Chief Legal Officer 1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Timothy Manganello director, other: Chairman of the Board 3850 HAMLIN RD., AUBURN HILLS MI 48326
David S Haffner director
Guillermo Novo director AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195

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