What is UTi Worldwide Financial Strength?
UTi Worldwide 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.
UTi Worldwide did not have earnings to cover the interest expense.
UTi Worldwide's debt to revenue ratio for the quarter that ended in Oct. 2015 was 0.17.
As of today, UTi Worldwide's Altman Z-Score is 0.00.
Competitive Comparison of UTi Worldwide's Financial Strength
For the Integrated Freight & Logistics subindustry, UTi Worldwide'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.
UTi Worldwide's Financial Strength Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, UTi Worldwide's Financial Strength distribution charts can be found below:
* The bar in red indicates where UTi Worldwide's Financial Strength falls into.
UTi Worldwide 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:
UTi Worldwide's Interest Expense for the
months ended in Oct. 2015 was $-14 Mil. Its Operating Income for the
months ended in Oct. 2015 was $-12 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2015 was $417 Mil.
UTi Worldwide's Interest Coverage for the quarter that ended in Oct. 2015 is
| UTi Worldwide 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.
UTi Worldwide's Debt to Revenue Ratio for the quarter that ended in Oct. 2015 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.
UTi Worldwide 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.
UTi Worldwide (UTi Worldwide) Business Description
Traded in Other Exchanges
N/A
Address
UTi Worldwide Inc was incorporated in the British Virgin Islands on January 30, 1995 under the International Business Companies Act as an international business company and operates under the British Virgin Islands legislation governing corporations. The Company's segments include: Freight Forwarding and Contract Logistics and Distribution Segment. Freight Forwarding the Company do not own or operate aircraft or vessels and, consequently, contract with commercial carriers to arrange for the shipment of cargo. In Contract Logistics and Distribution Segment; provides services relating to value-added warehousing and the subsequent distribution of goods and materials in order to meet clients inventory needs and production or distribution schedules. The Company operates a network of freight forwarding offices and contract logistics and distribution centers in a total of 60 countries. In addition, it serves its clients in 100 additional countries through independent agent-owned offices. The Companys business is managed from main support offices located in Long Beach, California, and several other locations. The Companys primary services include air and ocean freight forwarding, contract logistics, customs brokerage, distribution, inbound logistics and truckload brokerage. It also provides other supply chain management services, including consulting, the coordination of purchase orders and customized management services. Through its supply chain planning and optimization services, it assists its clients in designing and implementing solutions that improve the predictability and visibility and reduce the overall costs of their supply chains. As a freight forwarder, it conducts business as an indirect carrier and occasionally as an authorized agent for an airline. It acts as an indirect carrier with respect to shipments of freight. It arranges for, and in many cases provides, pick-up and delivery service between the carrier and the location of the shipper or recipient. When it acts as an authorized agent for an airline or ocean carrier, it arranges for the transportation of individual shipments to the airline or ocean carrier. As part of its freight forwarding services, it provides customs brokerage services in the United States and other countries in which it operates. As part of its customs brokerage services, it prepares and files formal documentation required for clearance through customs agencies, obtain customs bonds, facilitate the payment of import duties on behalf of the importer, arrange for payment of collect freight charges, assist with determining and obtaining the commodity classifications for shipments and perform other related services. The Companys contract logistics services include receiving, deconsolidation and decontainerization, sorting, put away, consolidation, assembly, cargo loading and unloading, assembly of freight and protective packaging, warehousing services, order management, and customized distribution and
Executives
| Donald W Slager |
director |
C/O ALLIED WASTE INDUSTRIES, 15880 N. GREENWAY-HAYDEN LOOP, STE. 100, SCOTTSDALE AZ 85260 |
| Langley C John Jr |
director |
19433 LAUREL PARK RD, RANCHO DOMINGUEZ CA 90220 |
UTi Worldwide (UTi Worldwide) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
UTIW has been successfully added to your