What is Gold Line International Finvest Financial Strength?
Gold Line International Finvest has the Financial Strength Rank of 6.
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 Gold Line International Finvest's interest coverage with the available data.
Gold Line International Finvest's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.35.
As of today, Gold Line International Finvest's Altman Z-Score is 2.96.
Competitive Comparison of Gold Line International Finvest's Financial Strength
For the Asset Management subindustry, Gold Line International Finvest'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.
Gold Line International Finvest's Financial Strength Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Gold Line International Finvest's Financial Strength distribution charts can be found below:
* The bar in red indicates where Gold Line International Finvest's Financial Strength falls into.
Gold Line International Finvest 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:
Gold Line International Finvest's Interest Expense for the
months ended in Sep. 2023 was ₹0.00 Mil. Its Operating Income for the
months ended in Sep. 2023 was ₹0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹3.20 Mil.
Gold Line International Finvest's Interest Coverage for the quarter that ended in Sep. 2023 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Gold Line International Finvest Ltd has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Gold Line International Finvest's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is
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.
Gold Line International Finvest has a Z-score of 2.96, indicating it is in Grey Zones. This implies that Gold Line International Finvest is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.96 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
Gold Line International Finvest (BOM:538180) Business Description
Traded in Other Exchanges
N/A
Address
Office No. 203, MB-156 2nd Floor, Opp Madhuban Park, Delhi, IND, 110092
Gold Line International Finvest Ltd is an Indian investment company. Its core business is to provide margin funding for the purchase of securities loans against shares and property, and financial advisory services. The company is engaged in providing various financial solutions such as advance loans against listed shares, securities and properties, corporate loans, personal loans, trading in shares and securities, trade financing, bill discounting, and others. Also, the company provides working capital loans to small businesses such as cash advances to help to meet financial requirements. It provides its services to the commercial, industrial, and financial communities.
Gold Line International Finvest (BOM:538180) Headlines
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