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California Style Palms (California Style Palms) Financial Strength : 0 (As of Sep. 2006)


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What is California Style Palms Financial Strength?

California Style Palms 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.

California Style Palms has no long-term debt (1). California Style Palms's debt to revenue ratio for the quarter that ended in Sep. 2006 was 0.08. As of today, California Style Palms's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of California Style Palms's Financial Strength

For the Farm Products subindustry, California Style Palms'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.


California Style Palms's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, California Style Palms's Financial Strength distribution charts can be found below:

* The bar in red indicates where California Style Palms's Financial Strength falls into.



California Style Palms 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:

California Style Palms's Interest Expense for the months ended in Sep. 2006 was $0.00 Mil. Its Operating Income for the months ended in Sep. 2006 was $-4.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $0.00 Mil.

California Style Palms's Interest Coverage for the quarter that ended in Sep. 2006 is

California Style Palms had no long-term debt (1).

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

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

California Style Palms's Debt to Revenue Ratio for the quarter that ended in Sep. 2006 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2006 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.191 + 0) / 14.292
=0.08

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.

California Style Palms 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.


California Style Palms  (OTCPK:CFPI) 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.

California Style Palms has the Financial Strength Rank of 0.


California Style Palms Financial Strength Related Terms

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


California Style Palms (California Style Palms) Business Description

Traded in Other Exchanges
N/A
Address
349 North Renee Street, Orange, CA, USA, 92869-3122
California Style Palms Inc is engaged in selling and installation of decorative palm trees. It owns and operates the assets, with the exception of the real estate, of Gregory Palm Farms, LLC, a fourth-generation farmers company who live to grow its own products. The company owns and operates two farms in California, and have set up central location in Orange, Orange County. It derives revenues primarily from the sale and installation of decorative palm trees.
Executives
Andrew C Schmidt director 1700 CARNEGIE AVE, SUITE 100, SANTA ANA CA 92705

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