What is DEMIRE Deutsche Mittelstand Real Estate AG Financial Strength?
DEMIRE Deutsche Mittelstand Real Estate AG has the Financial Strength Rank of 6.
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.
DEMIRE Deutsche Mittelstand Real Estate AG's Interest Coverage for the quarter that ended in Sep. 2023 was 3.84.
DEMIRE Deutsche Mittelstand Real Estate AG's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.25.
As of today, DEMIRE Deutsche Mittelstand Real Estate AG's Altman Z-Score is 0.27.
Competitive Comparison of DEMIRE Deutsche Mittelstand Real Estate AG's Financial Strength
For the Real Estate Services subindustry, DEMIRE Deutsche Mittelstand Real Estate AG'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.
DEMIRE Deutsche Mittelstand Real Estate AG's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, DEMIRE Deutsche Mittelstand Real Estate AG's Financial Strength distribution charts can be found below:
* The bar in red indicates where DEMIRE Deutsche Mittelstand Real Estate AG's Financial Strength falls into.
DEMIRE Deutsche Mittelstand Real Estate AG 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:
DEMIRE Deutsche Mittelstand Real Estate AG's Interest Expense for the
months ended in Sep. 2023 was €-4.3 Mil. Its Operating Income for the
months ended in Sep. 2023 was €16.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €25.2 Mil.
DEMIRE Deutsche Mittelstand Real Estate AG's Interest Coverage for the quarter that ended in Sep. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
DEMIRE Deutsche Mittelstand Real Estate AG's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is
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.
DEMIRE Deutsche Mittelstand Real Estate AG has a Z-score of 0.27, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.27 is in distress zone. This implies bankruptcy 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.
DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Business Description
Traded in Other Exchanges
Address
Robert-Bosch-Straße 11, Langen, Frankfurt, DEU, D-63225
DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. It focuses on German real estate market and is an investor and property holder in the segment for secondary locations where its activities include acquisition management and rental of commercial properties. The company concentrates on office, retail, hotel and logistics, real estate and owns properties in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Dusseldorf, Bonn, Hamburg, Berlin and Dresden areas. The Company's particular strength lies in realizing the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants.
DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Headlines
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