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E7 Group PJSC (ADX:E7) Financial Strength : 10 (As of Sep. 2024)


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What is E7 Group PJSC Financial Strength?

E7 Group PJSC has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

E7 Group PJSC 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.

E7 Group PJSC's Interest Coverage for the quarter that ended in Sep. 2024 was 187.07. E7 Group PJSC's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.02. As of today, E7 Group PJSC's Altman Z-Score is 3.98.


Competitive Comparison of E7 Group PJSC's Financial Strength

For the Conglomerates subindustry, E7 Group PJSC'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.


E7 Group PJSC's Financial Strength Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, E7 Group PJSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where E7 Group PJSC's Financial Strength falls into.



E7 Group PJSC 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:

E7 Group PJSC's Interest Expense for the months ended in Sep. 2024 was د.إ-0.2 Mil. Its Operating Income for the months ended in Sep. 2024 was د.إ45.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was د.إ10.3 Mil.

E7 Group PJSC's Interest Coverage for the quarter that ended in Sep. 2024 is

Interest Coverage=-1*Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*45.833/-0.245
=187.07

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. E7 Group PJSC has enough cash to cover all of its debt. Its financial situation is stable.

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

E7 Group PJSC's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(5.223 + 10.294) / 763.612
=0.02

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.

E7 Group PJSC has a Z-score of 3.98, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.98 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.


E7 Group PJSC  (ADX:E7) 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.

E7 Group PJSC has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


E7 Group PJSC Financial Strength Related Terms

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E7 Group PJSC Business Description

Traded in Other Exchanges
N/A
Address
Old Shahama, Plot 220, Abu Dhabi, ARE
E7 Group PJSC is a Special Purpose Acquisition Company. The company provides security solutions, commercial printing, packaging, logistics, and fulfillment business. The company generates revenue from two main sources: printing and distribution. Printing revenue includes income from commercial printing, newspaper printing, and card printing. Sales of newspapers, cards, and other printed materials are recognized when control of the goods transfers to the customer upon delivery, ensuring the customer has full discretion and there are no outstanding obligations affecting acceptance. Distribution revenue stems from the Company's provision of distribution services.

E7 Group PJSC Headlines

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