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Suny Cellular Communication (XTAE:SNCM) Financial Strength : 7 (As of Dec. 2023)


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What is Suny Cellular Communication Financial Strength?

Suny Cellular Communication has the Financial Strength Rank of 7.

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.

Suny Cellular Communication did not have earnings to cover the interest expense. Suny Cellular Communication's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.21. As of today, Suny Cellular Communication's Altman Z-Score is 2.29.


Competitive Comparison of Suny Cellular Communication's Financial Strength

For the Telecom Services subindustry, Suny Cellular Communication'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.


Suny Cellular Communication's Financial Strength Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Suny Cellular Communication's Financial Strength distribution charts can be found below:

* The bar in red indicates where Suny Cellular Communication's Financial Strength falls into.



Suny Cellular Communication 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:

Suny Cellular Communication's Interest Expense for the months ended in Dec. 2023 was ₪3.6 Mil. Its Operating Income for the months ended in Dec. 2023 was ₪10.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪142.8 Mil.

Suny Cellular Communication's Interest Coverage for the quarter that ended in Dec. 2023 is

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

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

Suny Cellular Communication'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
=(23.701 + 142.76) / 801.76
=0.21

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.

Suny Cellular Communication has a Z-score of 2.29, indicating it is in Grey Zones. This implies that Suny Cellular Communication 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 2.29 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.


Suny Cellular Communication  (XTAE:SNCM) 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.

Suny Cellular Communication has the Financial Strength Rank of 7.


Suny Cellular Communication Financial Strength Related Terms

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Suny Cellular Communication (XTAE:SNCM) Business Description

Traded in Other Exchanges
N/A
Address
48 Ben Zion Galis Street, 43 rd Floor, Petach Tikva, ISR, 49277
Suny Cellular Communication Ltd, formerly Scailex Corp Ltd imports, distributes & maintains mobile handset & accessories products.

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