What is High Performance Real Estate Investments Co Financial Strength?
High Performance Real Estate Investments Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
High Performance Real Estate Investments Co PLC 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.
High Performance Real Estate Investments Co has no long-term debt (1).
High Performance Real Estate Investments Co's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.00.
As of today, High Performance Real Estate Investments Co's Altman Z-Score is 4.13.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of High Performance Real Estate Investments Co's Financial Strength
For the Real Estate Services subindustry, High Performance Real Estate Investments 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.
High Performance Real Estate Investments Co's Financial Strength Distribution in the Real Estate Industry
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:
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.
High Performance Real Estate Investments Co has a Z-score of 4.13, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 4.13 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.
High Performance Real Estate Investments Co (AMM:HIPR) 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.
High Performance Real Estate Investments Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
High Performance Real Estate Investments Co Financial Strength Related Terms
Thank you for viewing the detailed overview of High Performance Real Estate Investments Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
High Performance Real Estate Investments Co Business Description
Gardens street, P.O. Box 3778, PC Plaza Complex Office 301, Amman, JOR, 11953
Website
High Performance Real Estate Investments Co PLC is a company engaged in the purchase, sale, rent, management, and investment in real estate and property. The main objectives of the company are purchasing and possession of lands to build and sell residential apartments, and the construction of a commercial complex for rental. It is also involved in managing real estate projects and properties and buying and selling housing and commercial properties.
High Performance Real Estate Investments Co Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AMM:HIPR has been successfully added to your