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Aims Property Securities Fund (SGX:BVP) Financial Strength : 9 (As of Dec. 2023)


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What is Aims Property Securities Fund Financial Strength?

Aims Property Securities Fund has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Aims Property Securities Fund 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.

Aims Property Securities Fund has no long-term debt (1). As of today, Aims Property Securities Fund's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Aims Property Securities Fund's Financial Strength

For the REIT - Diversified subindustry, Aims Property Securities Fund'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.


Aims Property Securities Fund's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Aims Property Securities Fund's Financial Strength distribution charts can be found below:

* The bar in red indicates where Aims Property Securities Fund's Financial Strength falls into.



Aims Property Securities Fund 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:

Aims Property Securities Fund's Interest Expense for the months ended in Dec. 2023 was S$0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was S$-0.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.00 Mil.

Aims Property Securities Fund's Interest Coverage for the quarter that ended in Dec. 2023 is

Aims Property Securities Fund had no long-term debt (1).

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

Good Sign:

Aims Property Securities Fund has no debt.

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

Aims Property Securities Fund's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0
=N/A

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.

Aims Property Securities Fund has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


Aims Property Securities Fund  (SGX:BVP) 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.

Aims Property Securities Fund has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Aims Property Securities Fund Financial Strength Related Terms

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Aims Property Securities Fund (SGX:BVP) Business Description

Traded in Other Exchanges
Address
259 George Street, Level 41, Sydney, NSW, AUS, 2000
Aims Property Securities Fund operates as a real estate securities fund. It invests in listed property trusts, unlisted property trusts, and listed property-related companies, and cash and fixed interest securities. The company manages property and mortgage funds. The investment objective of the fund is to provide investors with regular quarterly income and the potential for long-term capital growth. The company holds investments in a portfolio of property-related securities diversified by property sectors, geographic locations, and fund managers.

Aims Property Securities Fund (SGX:BVP) Headlines

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