What is CHC Group Financial Strength?
CHC 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.
CHC Group did not have earnings to cover the interest expense.
CHC Group's debt to revenue ratio for the quarter that ended in Oct. 2016 was 0.00.
As of today, CHC Group's Altman Z-Score is 0.00.
Competitive Comparison of CHC Group's Financial Strength
For the Oil & Gas Equipment & Services subindustry, CHC 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.
CHC Group's Financial Strength Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CHC Group's Financial Strength distribution charts can be found below:
* The bar in red indicates where CHC Group's Financial Strength falls into.
CHC 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:
CHC Group's Interest Expense for the
months ended in Oct. 2016 was $-7 Mil. Its Operating Income for the
months ended in Oct. 2016 was $-35 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2016 was $0 Mil.
CHC Group's Interest Coverage for the quarter that ended in Oct. 2016 is
| CHC Group 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.
CHC Group's Debt to Revenue Ratio for the quarter that ended in Oct. 2016 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.
CHC Group 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.
CHC Group (CHC Group) Business Description
Traded in Other Exchanges
N/A
Address
CHC Group Ltd is a commercial helicopter service provider to the offshore oil and gas industry. The company operates in two segments including the Helicopter Services segment which includes flying operations around the world serving offshore oil and gas. Heli-One segment provides helicopter maintenance, repair, and overhaul services for fleet and for an external customer base primarily in Europe, Asia, and North America. The company has a global market presence with the majority of the revenue generated from Norway.
Executives
| William L Transier |
director |
3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043 |
| Cd&r Investment Associates Ix, Ltd. |
10 percent owner |
MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194 |
| William G. Schrader |
director |
HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Francis S Kalman |
director |
777 N ELDRIDGE PARKWAY, HOUSTON TX 77079 |
| Lee Eckert |
officer: SVP and CFO |
C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005 |
| Amelio J. William |
director, officer: President and CEO |
C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005 |
| Michael J Oneill |
officer: Senior Vice President |
1299 PENNSYVLANIA AVE NW, HOWREY SIMON ARNOLD & WHITE, WASHINGTON DC 20004 |
| Peter Bartolotta |
officer: Chief Operating Officer |
C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN E9 KY1-9005 |
| Joan S Hooper |
officer: Chief Financial Officer |
ONE DELL WAY, ROUND ROCK TX 78682 |
| John Krenicki |
director |
333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102 |
| Nathan K Sleeper |
director |
375 PARK AVENUE, 18TH FLOOR, NEW YORK CITY NY 10152 |
| John Mogford |
director |
25 VICTORIA STREET, LONDON X0 SW1H 0EX |
| Michael L Summers |
officer: Senior Vice President |
C/O CELANESE CORPORATION, 1601 W. LBJ FREEWAY, DALLAS TX 75234 |
| Fr Xi Offshore Gp Ltd |
director, 10 percent owner |
ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830 |
| First Reserve Gp Xii Ltd |
director, 10 percent owner |
262 HARBOR DRIVE, THIRD FLOOR, STAMFORD CT 06902 |
CHC Group (CHC Group) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HELIQ has been successfully added to your