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Stabilis Solutions (Stabilis Solutions) Financial Strength : 7 (As of Mar. 2024)


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What is Stabilis Solutions Financial Strength?

Stabilis Solutions has the Financial Strength Rank of 7.

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.

Stabilis Solutions's Interest Coverage for the quarter that ended in Mar. 2024 was 250.00. Stabilis Solutions's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.12. As of today, Stabilis Solutions's Altman Z-Score is 2.85.


Competitive Comparison of Stabilis Solutions's Financial Strength

For the Oil & Gas Integrated subindustry, Stabilis Solutions'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.


Stabilis Solutions's Financial Strength Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Stabilis Solutions's Financial Strength distribution charts can be found below:

* The bar in red indicates where Stabilis Solutions's Financial Strength falls into.



Stabilis Solutions 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:

Stabilis Solutions's Interest Expense for the months ended in Mar. 2024 was $-0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was $1.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $7.45 Mil.

Stabilis Solutions's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1/-0.004
=250.00

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

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

Stabilis Solutions's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.769 + 7.446) / 79.08
=0.12

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.

Stabilis Solutions has a Z-score of 2.85, indicating it is in Grey Zones. This implies that Stabilis Solutions is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.85 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Stabilis Solutions  (NAS:SLNG) 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.

Stabilis Solutions has the Financial Strength Rank of 7.


Stabilis Solutions Financial Strength Related Terms

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


Stabilis Solutions (Stabilis Solutions) Business Description

Traded in Other Exchanges
N/A
Address
11750 Katy Freeway, Suite 900, Houston, TX, USA, 77079
Stabilis Solutions Inc is an energy transition company that provides turnkey clean energy production, storage, transportation, and fueling solutions using liquefied natural gas (LNG) to multiple end markets. The company provides LNG solutions to customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets. It generates revenue by selling and delivering LNG to its customers, renting cryogenic equipment, and providing engineering and field support services. It has a geographical presence in the United States and Mexico.
Executives
Edward L Kuntz director
Ballard Westervelt T. Jr director, officer: President and CEO 601 POYDRAS STREET, SUITE 2400, NEW ORLEANS LA 70130
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Andrew Lewis Puhala officer: Senior Vice President & CFO 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Jch Crenshaw Holdings, Llc director, 10 percent owner 470 ORLEANS ST., 7TH FLOOR, BEAUMONT TX 77701
Benjamin J. Broussard director 1655 LOUISIANA STREET, BEAUMONT TX 77701
James Calvin Reddinger director, officer: Chief Executive Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Stacey B. Crenshaw director, 10 percent owner 10375 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
James George Aivalis officer: Chief Operating Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Mushahid Khan director 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Peter C. Mitchell director 505 FRONT AVENUE, P.O. BOX I, COEUR D'ALENE ID 83816
Will B. Crenshaw director 1655 LOUISIANA STREET, BEAUMONT TX 77701
Lng Investment Company, Llc 10 percent owner 1655 LOUISIANA STREET, BEAUMONT TX 77701
William Charles Miller officer: Chief Operating Officer 102 SENECA PLACE, MARS PA 16046
Peacock James Hoke Ii director C/O M & I ELECTRIC INDUSTRIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087