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Scott's Liquid Gold (Scott's Liquid Gold) Financial Strength : 4 (As of Mar. 2024)


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What is Scott's Liquid Gold Financial Strength?

Scott's Liquid Gold 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.

GuruFocus does not calculate Scott's Liquid Gold's interest coverage with the available data. Scott's Liquid Gold's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.71. As of today, Scott's Liquid Gold's Altman Z-Score is -0.28.


Competitive Comparison of Scott's Liquid Gold's Financial Strength

For the Household & Personal Products subindustry, Scott's Liquid Gold'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.


Scott's Liquid Gold's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Scott's Liquid Gold's Financial Strength distribution charts can be found below:

* The bar in red indicates where Scott's Liquid Gold's Financial Strength falls into.



Scott's Liquid Gold 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:

Scott's Liquid Gold'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 $-0.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.14 Mil.

Scott's Liquid Gold's Interest Coverage for the quarter that ended in Mar. 2024 is

GuruFocus does not calculate Scott's Liquid Gold's interest coverage with the available data.

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

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

Scott's Liquid Gold'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
=(0.296 + 2.144) / 3.436
=0.71

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.

Scott's Liquid Gold has a Z-score of -0.28, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.28 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.


Scott's Liquid Gold  (OTCPK:SLGD) 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.

Scott's Liquid Gold has the Financial Strength Rank of 4.


Scott's Liquid Gold Financial Strength Related Terms

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


Scott's Liquid Gold (Scott's Liquid Gold) Business Description

Traded in Other Exchanges
N/A
Address
8400 E. Crescent Parkway, Suite 450, Greenwood Village, CO, USA, 80111
Scott's Liquid Gold Inc develop, market, and sell high-quality, high-value household and personal care products. Its business is divided into two operating segments: household products and health and beauty care products. Its family of brands includes Scott's Liquid Gold, Alpha Skin Care, Prell, Denorex, Kids N Pets, 7th Heaven by Montagne Jeunesse, and Batiste Dry Shampoo. The company generates a vast majority of its revenues from the Household Products segment.
Executives
John Mcannar director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Maran Partners Fund, Lp 10 percent owner 150 FILLMORE STREET, SUITE 150, DENVER CO 80206
Mark E Goldstein director, 10 percent owner, officer: COB/President/CEO 4880 HAVANA ST, DENVER CO 80239
David M Arndt officer: Chief Financial Officer 3184 BARBWIRE WAY, CASTLE ROCK CT 80108
Tisha Pedrazzini director 15276 W. ELLSWORTH PL, GOLDEN CO 80401
R. Rimmy Malhotra director C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Maran Capital Management, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Spv Gp, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Daniel J Roller 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Partners Gp, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Spv, Lp 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Iszo Capital Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Andrew Summers director 601 JEFFERSON STREET, HOUSTON TX 77002
Kevin A. Paprzycki officer: Chief Financial Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Brian L. Sheehy 10 percent owner 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017