GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Crawford United Corp (OTCPK:CRAWA) » Definitions » Financial Strength

Crawford United (Crawford United) Financial Strength : 7 (As of Mar. 2024)


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

What is Crawford United Financial Strength?

Crawford United 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.

Crawford United's Interest Coverage for the quarter that ended in Mar. 2024 was 19.22. Crawford United's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.13. As of today, Crawford United's Altman Z-Score is 4.73.


Competitive Comparison of Crawford United's Financial Strength

For the Specialty Industrial Machinery subindustry, Crawford United'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.


Crawford United's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crawford United's Financial Strength distribution charts can be found below:

* The bar in red indicates where Crawford United's Financial Strength falls into.



Crawford United 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:

Crawford United's Interest Expense for the months ended in Mar. 2024 was $-0.2 Mil. Its Operating Income for the months ended in Mar. 2024 was $4.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $17.4 Mil.

Crawford United'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*4.574/-0.238
=19.22

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

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

Crawford United'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
=(2.571 + 17.406) / 153.76
=0.13

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.

Crawford United has a Z-score of 4.73, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.73 is strong.

* 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.


Crawford United  (OTCPK:CRAWA) 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.

Crawford United has the Financial Strength Rank of 7.


Crawford United Financial Strength Related Terms

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


Crawford United (Crawford United) Business Description

Traded in Other Exchanges
N/A
Address
10514 Dupont Avenue, Cleveland, OH, USA, 44108
Crawford United Corp is engaged in providing specialty industrial products to diverse markets of healthcare, education, automotive, aerospace, trucking, and petrochemical. The company operates through the following segments, namely Commercial Air Handling Equipment, which is into designing, manufacturing, and installing large-scale commercial, institutional, and industrial custom air handling solutions; and Industrial & Transportation Products, which is into the manufacture of flexible interlocking metal hoses and the distribution of silicone and hydraulic hoses. The company's geographical segments include the United States, Puerto Rico, Mexico, Canada, and Others.
Executives
Matthew V Crawford director
Edward F Crawford director
James W Wert director
Jay Daly officer: Chief Financial Officer 10514 DUPONT AVENUE, CLEVELAND OH 44108
Luis Enrique Jimenez director 10514 DUPONT AVENUE, CLEVELAND OH 44108
George Richard Hart officer: Vice President of Engineering C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Kelly Kuna officer: Chief Financial Officer 6050 OAK TREE BLVD., SUITE #500, CLEVELAND OH 44131
Steven Rosen director, 10 percent owner 25101 CHAGRIN BOULEVARD SUITE 350, BEACHWOOD OH 44122
Brian E Powers director 25101 CHAGRIN BLVD., SUITE 210, CLEVELAND OH 44122
Three Bears Trust 10 percent owner 1660 WEST 2ND STREET, SUITE 1100, CLEVELAND OH 44122
Jennifer Aplin Elliot director, 10 percent owner 1178 BELLINGHAM DR., OCEANSIDE CA 92057
Roundball Llc 10 percent owner 1660 WEST 2ND STREET SUITE 1100, CLEVELAND OH 44113
Kirin Smith director C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Patrick R Bauman officer: Vice President Sales/Marketing 851 STUART AVENUE, SOUTH EUCLID OH 44121
James F Allen officer: Vice President Manufacturing 1307 JANE LANE, GREENWOOD MS 38930

Crawford United (Crawford United) Headlines