GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Petrovietnam Fertilizer And Chemicals Corp (STC:DPM) » Definitions » Financial Strength

Petrovietnam Fertilizer And Chemicals (STC:DPM) Financial Strength : 10 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Petrovietnam Fertilizer And Chemicals Financial Strength?

Petrovietnam Fertilizer And Chemicals has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Petrovietnam Fertilizer And Chemicals Corp 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.

Petrovietnam Fertilizer And Chemicals's Interest Coverage for the quarter that ended in Mar. 2024 was 3,149.24. Petrovietnam Fertilizer And Chemicals's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Petrovietnam Fertilizer And Chemicals's Altman Z-Score is 5.97.


Competitive Comparison of Petrovietnam Fertilizer And Chemicals's Financial Strength

For the Chemicals subindustry, Petrovietnam Fertilizer And Chemicals'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.


Petrovietnam Fertilizer And Chemicals's Financial Strength Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Petrovietnam Fertilizer And Chemicals's Financial Strength distribution charts can be found below:

* The bar in red indicates where Petrovietnam Fertilizer And Chemicals's Financial Strength falls into.



Petrovietnam Fertilizer And Chemicals 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:

Petrovietnam Fertilizer And Chemicals's Interest Expense for the months ended in Mar. 2024 was ₫-95 Mil. Its Operating Income for the months ended in Mar. 2024 was ₫297,862 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil.

Petrovietnam Fertilizer And Chemicals's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*297861.787/-94.582
=3,149.24

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

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

Petrovietnam Fertilizer And Chemicals'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
=(56825 + 0) / 13229881.148
=0.00

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.

Petrovietnam Fertilizer And Chemicals has a Z-score of 5.97, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.97 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.


Petrovietnam Fertilizer And Chemicals  (STC:DPM) 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.

Petrovietnam Fertilizer And Chemicals has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Petrovietnam Fertilizer And Chemicals Financial Strength Related Terms

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


Petrovietnam Fertilizer And Chemicals (STC:DPM) Business Description

Traded in Other Exchanges
N/A
Address
43 Mac Dinh Chi Street, 7th floor, PVFCCo Tower, Da Kao ward, District 1, Ho Chi Minh City, VNM
Petrovietnam Fertilizer And Chemicals Corp produces and trades fertilizer and chemicals. The company's products portfolio includes Urea, NPK, MOP, SA, DAP fertilizers for the agriculture sector, liquid Ammonia and UFC85/ Formaldehyde. Its segments are Production and trading of fertilizer and chemicals, and Construction of civil works and rendering of other services. Its majority of revenue is derived from production and trading of chemicals and fertilizers. The company distributes fertilizer, chemicals, packages, and services to the North, Central Region, Southeast, Southwest and Ho Chi Minh City.

Petrovietnam Fertilizer And Chemicals (STC:DPM) Headlines