What is The United Nilgiri Tea Estates Co Financial Strength?
The United Nilgiri Tea Estates Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
The United Nilgiri Tea Estates Co Ltd shows strong financial strength.
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.
The United Nilgiri Tea Estates Co's Interest Coverage for the quarter that ended in Mar. 2024 was 83.97.
The United Nilgiri Tea Estates Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00.
As of today, The United Nilgiri Tea Estates Co's Altman Z-Score is 8.78.
Competitive Comparison of The United Nilgiri Tea Estates Co's Financial Strength
For the Farm Products subindustry, The United Nilgiri Tea Estates Co'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.
The United Nilgiri Tea Estates Co's Financial Strength Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The United Nilgiri Tea Estates Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where The United Nilgiri Tea Estates Co's Financial Strength falls into.
The United Nilgiri Tea Estates Co 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:
The United Nilgiri Tea Estates Co'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 ₹18.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil.
The United Nilgiri Tea Estates Co's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
The United Nilgiri Tea Estates Co Ltd has no debt.
2. Debt to revenue ratio. The lower, the better.
The United Nilgiri Tea Estates Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
The United Nilgiri Tea Estates Co has a Z-score of 8.78, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 8.78 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.
The United Nilgiri Tea Estates Co (NSE:UNITEDTEA) Business Description
Traded in Other Exchanges
N/A
Address
No. 3, Savithri Shanmugam Road, Race Course, Coimbatore, TN, IND, 641 018
The United Nilgiri Tea Estates Co Ltd is engaged in the growing, manufacturing and sale of tea. The company's operating segments includes Plantation and Commercial Property. It generates maximum revenue from the Plantation segment. Geographically, it operates in India and Outside India of which it derives a majority of revenue from Outside India. Its Bulk packet tea includes Special, Black, Green, Herbal and Gift tea. The company is also engaged in Letting-out of property.
The United Nilgiri Tea Estates Co (NSE:UNITEDTEA) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:UNITEDTEA has been successfully added to your