Summary: American Builders&Contractors Supply Co. Inc. - S&P Global Ratings’ Credit Research

Summary: American Builders&Contractors Supply Co. Inc.

Summary: American Builders&Contractors Supply Co. Inc. - S&P Global Ratings’ Credit Research
Summary: American Builders&Contractors Supply Co. Inc.
Published Apr 17, 2014
1968 words — Published Apr 17, 2014
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Abstract:

Our 'BB-' rating on American Builders&Contractors Supply Co. is derived from: Our anchor of 'bb-', based on our "fair" business risk and "aggressive" financial risk profile assessments for the company. The modifiers have no impact on the rating outcome. A leading position in a very attractive roofing market A relatively large size and scale of operations Significant business diversification Some exposure to volatile construction cycles and unpredictable weather patterns Forecast leverage below 5x Historically generation of positive free cash flow Strong liquidity supported by balance sheet cash and availability on its credit facility No financial maintenance covenants The stable rating outlook reflects our expectation that the company will continue to generate positive free cash flow and maintain strong

  
Brief Excerpt:

RESEARCH Summary: American Builders & Contractors Supply Co. Inc. Publication date: 17-Apr-2014 Primary Credit Analyst: Maurice S Austin, New York (1) 212-438-2077; maurice.austin@standardandpoors.com Secondary Contact: Thomas J Nadramia,...

  
Report Type:

Summary

Ticker
8572Z
Issuer
GICS
Distributors (25501010)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: American Builders&Contractors Supply Co. Inc." Apr 17, 2014. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-American-Builders-Contractors-Supply-Co-Inc-1298942>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: American Builders&Contractors Supply Co. Inc. Apr 17, 2014. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-American-Builders-Contractors-Supply-Co-Inc-1298942>
  
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