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Constance La Gaiete Co (XMAU:CSE.I0000) Financial Strength : 8 (As of Dec. 2023)


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What is Constance La Gaiete Co Financial Strength?

Constance La Gaiete Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Constance La Gaiete 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.

Constance La Gaiete Co's Interest Coverage for the quarter that ended in Dec. 2023 was 19.92. Constance La Gaiete Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Constance La Gaiete Co's Altman Z-Score is 3.66.


Competitive Comparison of Constance La Gaiete Co's Financial Strength

For the Farm Products subindustry, Constance La Gaiete 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.


Constance La Gaiete Co's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Constance La Gaiete Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Constance La Gaiete Co's Financial Strength falls into.



Constance La Gaiete 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:

Constance La Gaiete Co's Interest Expense for the months ended in Dec. 2023 was MUR-4.1 Mil. Its Operating Income for the months ended in Dec. 2023 was MUR81.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MUR0.0 Mil.

Constance La Gaiete Co's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*81.777/-4.106
=19.92

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

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

Constance La Gaiete Co'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) / 1192.956
=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.

Constance La Gaiete Co has a Z-score of 3.66, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.66 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.


Constance La Gaiete Co  (XMAU:CSE.I0000) 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.

Constance La Gaiete Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Constance La Gaiete Co Financial Strength Related Terms

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Constance La Gaiete Co (XMAU:CSE.I0000) Business Description

Traded in Other Exchanges
N/A
Address
La Maison 1794, Constance, Centre de Flacq, MUS, 40609
Constance La Gaiete Co Ltd is engaged in sugar milling activities, production of other agro-industrial activities, and real estate projects. The firm's operating segments are Agricultural products-related activities; Livestock and aquaculture and Other activities. Agriculture products and related activities include sugar and related activities and agricultural diversification. Livestock and aquaculture involve the sale of poultry, venison, and oyster. Other activities include rental income, sales and income from other operating activities. The firm derives majority of the revenue from the Agriculture products and related activities segment.

Constance La Gaiete Co (XMAU:CSE.I0000) Headlines

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