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Firma Oponiarska Debica (WAR:DBC) Financial Strength : 8 (As of Mar. 2024)


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What is Firma Oponiarska Debica Financial Strength?

Firma Oponiarska Debica has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Firma Oponiarska Debica SA 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.

Firma Oponiarska Debica did not have earnings to cover the interest expense. Firma Oponiarska Debica's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Firma Oponiarska Debica's Altman Z-Score is 2.44.


Competitive Comparison of Firma Oponiarska Debica's Financial Strength

For the Auto Parts subindustry, Firma Oponiarska Debica'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.


Firma Oponiarska Debica's Financial Strength Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Firma Oponiarska Debica's Financial Strength distribution charts can be found below:

* The bar in red indicates where Firma Oponiarska Debica's Financial Strength falls into.



Firma Oponiarska Debica 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:

Firma Oponiarska Debica's Interest Expense for the months ended in Mar. 2024 was zł-0 Mil. Its Operating Income for the months ended in Mar. 2024 was zł-90 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0 Mil.

Firma Oponiarska Debica's Interest Coverage for the quarter that ended in Mar. 2024 is

Firma Oponiarska Debica did not have earnings to cover the interest expense.

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

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

Firma Oponiarska Debica'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 + 0) / 2225.708
=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.

Firma Oponiarska Debica has a Z-score of 2.44, indicating it is in Grey Zones. This implies that Firma Oponiarska Debica 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 2.44 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.


Firma Oponiarska Debica  (WAR:DBC) 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.

Firma Oponiarska Debica has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Firma Oponiarska Debica Financial Strength Related Terms

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


Firma Oponiarska Debica (WAR:DBC) Business Description

Traded in Other Exchanges
Address
ulica 1 Maja, Debica, POL, 39-200
Tire company Debica SA is a Poland-based company manufactures tires for cars, trucks, tractors, bicycles, and motorcycles. It offers a wide range of consumer and commercial tires under the brand names Debica, Goodyear, Dunlop, Fulda, and Sava, as well as under private labels. Group's products are exported to markets of Germany, Slovenia, France, Italy, Romania, Turkey, Spain and the United Kingdom (UK) and Russia.