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Mobile Mini (Mobile Mini) Financial Strength : 0 (As of Mar. 2020)


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What is Mobile Mini Financial Strength?

Mobile Mini 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.

Mobile Mini's Interest Coverage for the quarter that ended in Mar. 2020 was 2.61. Mobile Mini's debt to revenue ratio for the quarter that ended in Mar. 2020 was 1.63. As of today, Mobile Mini's Altman Z-Score is 0.00.


Competitive Comparison of Mobile Mini's Financial Strength

For the Rental & Leasing Services subindustry, Mobile Mini'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.


Mobile Mini's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mobile Mini's Financial Strength distribution charts can be found below:

* The bar in red indicates where Mobile Mini's Financial Strength falls into.



Mobile Mini 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:

Mobile Mini's Interest Expense for the months ended in Mar. 2020 was $-9.3 Mil. Its Operating Income for the months ended in Mar. 2020 was $24.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $973.8 Mil.

Mobile Mini's Interest Coverage for the quarter that ended in Mar. 2020 is

Interest Coverage=-1*Operating Income (Q: Mar. 2020 )/Interest Expense (Q: Mar. 2020 )
=-1*24.188/-9.257
=2.61

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

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

Mobile Mini's Debt to Revenue Ratio for the quarter that ended in Mar. 2020 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2020 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 973.757) / 596.16
=1.63

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.

Mobile Mini 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.


Mobile Mini  (NAS:MINI) 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.

Mobile Mini has the Financial Strength Rank of 0.


Mobile Mini Financial Strength Related Terms

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


Mobile Mini (Mobile Mini) Business Description

Traded in Other Exchanges
N/A
Address
4646 East Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
Mobile Mini Inc manufactures, rents, and sells portable storage containers. It generates the vast majority of its revenue from the rental of storage containers. The company's products are organized into two primary categories. Portable storage containers are dropped off at a customers' location by Mobile Mini and used by businesses in the retail, manufacturing, and construction industries. Tank and Pump Solutions consists of liquid and solid containers, as well as pumps and filtration equipment used by companies in the chemicals manufacturing, refining, mining, and the oil and gas industries. The company organizes itself into three segments based on geography: North America, United Kingdom, and Tank and Pump Solutions. The majority of revenue comes from the North America segment.
Executives
Kelly M Williams officer: President & C.E.O. 7420 S. KYRENE ROAD, SUITE 101, TEMPE AZ 85283
Michael W Upchurch director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Jeffrey S Goble director 10617 NORTH HAYDEN ROAD SUITE 100, SCOTTSDALE AZ 85260
Christopher J Miner officer: Senior VP & General Counsel 7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Kimberly J Mcwaters director 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Mark W Krivoruchka officer: S.V.P. and Chief H.R. Officer RSC HOLDINGS INC. 6929 EAST GREENWAY PARKWAY, SUITE 200 SCOTTSDALE AZ 85254
James J Martell director 314 RINGLING POINT DRIVE, SARASOTA FL 34234
Sara R. Dial director 3300 W. CAMELBACK ROAD, SCOTTSDALE AZ 85017
Stephen A Mcconnell director 6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Sanjay Swani director 320 PARK AVENUE STE 2500, NEW YORK NY 10022
Philip Hobson officer: Executive V.P., Operations C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Thomas Scully 10 percent owner 320 PARK AVENUE, SUITE # 2500, NEW YORK NM 10022
Wcas Management Corp 10 percent owner 599 LEXINGTON AVENUE, SUITE 1800, NEW YORK NY 10022
Anthony F Ecock 10 percent owner C/O ICAD INC, 98 SPIT BROOK ROAD SUITE 100, NASHUA NH 03062