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MeCure Industries (NSA:MECURE) Probability of Financial Distress (%)


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What is MeCure Industries Probability of Financial Distress (%)?

MeCure Industries does not have enough data to calculate Probability of Financial Distress (%).


MeCure Industries Probability of Financial Distress (%) Historical Data

The historical data trend for MeCure Industries's Probability of Financial Distress (%) can be seen below:

* 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.

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MeCure Industries Probability of Financial Distress (%) Chart

MeCure Industries Annual Data
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MeCure Industries Semi-Annual Data
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Competitive Comparison of MeCure Industries's Probability of Financial Distress (%)

For the Drug Manufacturers - Specialty & Generic subindustry, MeCure Industries's Probability of Financial Distress (%), along with its competitors' market caps and Probability of Financial Distress (%) 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.


MeCure Industries's Probability of Financial Distress (%) Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MeCure Industries's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where MeCure Industries's Probability of Financial Distress (%) falls into.



MeCure Industries  (NSA:MECURE) Probability of Financial Distress (%) Explanation

Like the Altman Z-Score, the PFD measures a company's bankruptcy risk in the upcoming year. However, the main drawback of the Z-score is it does not apply to banks and insurance companies. According to Investopedia, the concept of "working capital" does not apply to banks and insurance companies, as financial institutions do not have typical current assets or current liabilities like inventories or accounts payable.


MeCure Industries Probability of Financial Distress (%) Related Terms

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MeCure Industries Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
Apapa Oshodi Expressway, Me Cure House, Plot 6, Block H, Oshodi, Lagos, NGA
MeCure Industries Plc is a therapeutics company in the pharmaceutical industry in Lagos, Nigeria. It is principally engaged in the business of manufacturing drugs (tablets, capsules, and syrups) in Nigeria and consists of two categories namely Pharmaceuticals and Nutraceuticals. The Pharmaceuticals segment comprises forty-one (41) drugs such as Ebu 200 & 400 (ibuprofen tablets), Laclox (an anilox formulation), Lamox (an amoxicillin formulation), and Lampicin (an ampicillin formulation), used in treating different ailments. The Nutraceuticals segment consists of 100 products including multivitamins and dietary supplements.

MeCure Industries Headlines

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