GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de Sabadell SA (OTCPK:BNDSF) » Definitions » Financial Strength

Banco debadell (Banco debadell) Financial Strength : 3 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Banco debadell Financial Strength?

Banco debadell has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Banco de Sabadell SA displays poor financial strength. Usually, this is caused by too much debt for the company.

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 Banco debadell's interest coverage with the available data. Banco debadell's debt to revenue ratio for the quarter that ended in Mar. 2024 was 3.95. Altman Z-Score does not apply to banks and insurance companies.


Banco debadell 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:

Banco debadell's Interest Expense for the months ended in Mar. 2024 was $0 Mil. Its Operating Income for the months ended in Mar. 2024 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $27,775 Mil.

Banco debadell's Interest Coverage for the quarter that ended in Mar. 2024 is

GuruFocus does not calculate Banco debadell'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.

Banco debadell'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 + 27775) / 7039.132
=3.95

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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Banco debadell  (OTCPK:BNDSF) 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.

Banco debadell has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Banco debadell Financial Strength Related Terms

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


Banco debadell (Banco debadell) Business Description

Address
Avenida Oscar Espla, 37, Alicante, ESP, 03007
Banco de Sabadell S.A is a Spanish retail and commercial bank operating mostly in Spain, but with a notable lending presence in the United Kingdom and the Americas. Its strategy emphasizes scaling its current customer base and laying the foundation for international expansion. Banco de Sabadell's largest business line is commercial banking, which focuses on providing financial products and services to large corporations, small to medium-size enterprises, retailers and sole proprietors, professional groupings, entrepreneurs, and personal customers. Loans and advances constitute a majority of the bank's earning assets. Its credit risk is mostly exposed to mortgage loans, followed by sovereign debt.