GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Tupperware Brands Corp (NYSE:TUP) » Definitions » Financial Strength

Tupperware Brands (Tupperware Brands) Financial Strength : 4 (As of Sep. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Tupperware Brands Financial Strength?

Tupperware Brands has the Financial Strength Rank of 4.

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.

Tupperware Brands's Interest Coverage for the quarter that ended in Sep. 2023 was 0.27. Tupperware Brands's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.81. As of today, Tupperware Brands's Altman Z-Score is 1.72.


Competitive Comparison of Tupperware Brands's Financial Strength

For the Packaging & Containers subindustry, Tupperware Brands'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.


Tupperware Brands's Financial Strength Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Tupperware Brands's Financial Strength falls into.



Tupperware Brands 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:

Tupperware Brands's Interest Expense for the months ended in Sep. 2023 was $-22 Mil. Its Operating Income for the months ended in Sep. 2023 was $6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $51 Mil.

Tupperware Brands's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage=-1*Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*6.1/-22.3
=0.27

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

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

Tupperware Brands's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(791.5 + 50.5) / 1038.4
=0.81

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.

Tupperware Brands has a Z-score of 1.72, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.72 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.


Tupperware Brands  (NYSE:TUP) 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.

Tupperware Brands has the Financial Strength Rank of 4.


Tupperware Brands Financial Strength Related Terms

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


Tupperware Brands (Tupperware Brands) Business Description

Traded in Other Exchanges
Address
14901 South Orange Blossom Trail, Orlando, FL, USA, 32837
Tupperware Brands Corp is a consumer products company that designs innovative, functional, and environmentally responsible products. The company distributes its products into nearly 70 countries. The company engages in the marketing, manufacture, and sale of design-centric preparation, storage, and serving solutions for the kitchen and home through the Tupperware brand name. The company primarily uses a direct selling business model to distribute and market products, while continuing to expand digital platforms and business-to-business distribution channels. The company operates its business under four reportable segments in four broad geographic regions namely the Asia Pacific, Europe (Europe, Africa and the Middle East), North America, and South America.
Executives
Lori H Bush director NU SKIN ENTERPRISES INC, 75 WEST CENTER, PROVO UT 84601
Laurie Ann Goldman officer: President and CEO 3344 PEACHTREE ROAD, SUITE 1700, ATLANTA GA 30326
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Paul Aronzon director 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Brian J Fox officer: Chief Restructuring Officer C/O XERIUM TECHNOLOGIES, INC., 8537 SIX FORKS ROAD, SUITE 300, RALEIGH NC 27615
Richard Goudis director, officer: Executive Vice Chairman C/O HERBALIFE INTERNATIONAL, INC., 1800 CENTURY PARK EAST, LOS ANGELES CA 90067
Fernandez Calero Miguel Angel director, officer: Chief Executive Officer 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Mark S Burgess director C/O GRAHAM PACKAGING HOLDINGS COMPANY, 2410 PLEASANT VALLEY ROAD, YORK PA 17402
Ingen Jim Van officer: EVP Supply Chain C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837
Christopher D Oleary director ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
James H Fordyce director
Pamela Jones Harbour director C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837
Tim Minges director C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837
Hector Lezama officer: Pres., Comm. Bus. Expansion C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837

Tupperware Brands (Tupperware Brands) Headlines

From GuruFocus

Tupperware Brands Announces Debt Restructuring

By PRNewswire 08-03-2023