What is GrafTech International Financial Strength?
GrafTech International has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
GrafTech International Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.
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.
GrafTech International did not have earnings to cover the interest expense.
GrafTech International's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.70.
As of today, GrafTech International's Altman Z-Score is -0.25.
Competitive Comparison of GrafTech International's Financial Strength
For the Electrical Equipment & Parts subindustry, GrafTech International'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.
GrafTech International's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, GrafTech International's Financial Strength distribution charts can be found below:
* The bar in red indicates where GrafTech International's Financial Strength falls into.
GrafTech International 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:
GrafTech International's Interest Expense for the
months ended in Mar. 2024 was $-17.6 Mil. Its Operating Income for the
months ended in Mar. 2024 was $-18.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $926.8 Mil.
GrafTech International's Interest Coverage for the quarter that ended in Mar. 2024 is
| GrafTech International 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.
GrafTech International'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.
GrafTech International has a Z-score of -0.25, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -0.25 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.
GrafTech International (GrafTech International) Business Description
Traded in Other Exchanges
Address
982 Keynote Circle, Brooklyn Heights, Independence, OH, USA, 44131
GrafTech International Ltd is a producer of specialized graphite electrodes. The electrode is an essential part of the electric arc furnace process used in aluminum smelters and steel minimills. The company operates into one reporting segment namely Industrial Materials. The Industrial Materials segment manufactures high-quality graphite electrodes essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. It offers graphite electrodes and needle coke products.
Executives
| Brookfield Private Funds Holdings Inc. |
director, 10 percent owner |
THREE WORLD FINANCIAL CENTER, 200 VESEY STREET, 11TH FLOOR, NEW YORK NY 10281 |
| Bcp Gp Ltd |
director, 10 percent owner, See Remarks |
C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY STREET, SUITE, TORONTO A6 M5J2T3 |
| Diego Donoso |
director |
2211 H.H. DOW WAY, MIDLAND MI 48674 |
| Marcel Kessler |
director, officer: CEO and President |
982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH 44131 |
| Jean-marc Germain |
director |
982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH 44131 |
| Timothy K Flanagan |
officer: CFO, VP Finance & Treasurer |
C/O GRAFTECH INTERNATIONAL LTD., 982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH 44131 |
| David J. Rintoul |
director, officer: President and CEO |
600 GRANT STREET, SUITE 6100, PITTSBURGH PA 15219 |
| Debra Fine |
director |
590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022 |
| Henry R. Keizer |
director |
MONTPELIER HOUSE, 94 PITTS BAY ROAD, PEMBROKE D0 HM 08 |
| Leslie D Dunn |
director |
|
| Brookfield Business Partners Ltd |
director, 10 percent owner |
73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM12 |
| Bcp Iv Bermuda Investor Lp |
director, 10 percent owner |
181 BAY STREET, SUITE 300, BROOKFIELD PLACE, TORONTO A6 M5J 2T3 |
| Brookfield Private Equity Group Holdings Lp |
director, 10 percent owner |
C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY STREET, SUITE, TORONTO A6 M5J2T3 |
| Brookfield Us Inc. |
director, 10 percent owner |
BROOKFIELD PLACE, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023 |
| Brookfield Private Equity Holdings Llc |
director, 10 percent owner |
C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY STREET, NEW YORK NY 10281-1023 |
GrafTech International (GrafTech International) Headlines
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