What is The Arab Pesticides & Veterinary Drugs Manufacturing Co Financial Strength?
The Arab Pesticides & Veterinary Drugs Manufacturing Co 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.
The Arab Pesticides & Veterinary Drugs Manufacturing Co's Interest Coverage for the quarter that ended in Mar. 2024 was 25.18.
The Arab Pesticides & Veterinary Drugs Manufacturing Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.12.
As of today, The Arab Pesticides & Veterinary Drugs Manufacturing Co's Altman Z-Score is 5.13.
Competitive Comparison of The Arab Pesticides & Veterinary Drugs Manufacturing Co's Financial Strength
For the Agricultural Inputs subindustry, The Arab Pesticides & Veterinary Drugs Manufacturing 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.
The Arab Pesticides & Veterinary Drugs Manufacturing Co's Financial Strength Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, The Arab Pesticides & Veterinary Drugs Manufacturing Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where The Arab Pesticides & Veterinary Drugs Manufacturing Co's Financial Strength falls into.
The Arab Pesticides & Veterinary Drugs Manufacturing Co 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:
The Arab Pesticides & Veterinary Drugs Manufacturing Co's Interest Expense for the
months ended in Mar. 2024 was JOD-0.08 Mil. Its Operating Income for the
months ended in Mar. 2024 was JOD1.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD1.55 Mil.
The Arab Pesticides & Veterinary Drugs Manufacturing Co's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
The Arab Pesticides & Veterinary Drugs Manufacturing Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
The Arab Pesticides & Veterinary Drugs Manufacturing Co has a Z-score of 5.13, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 5.13 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.
The Arab Pesticides & Veterinary Drugs Manufacturing Co (AMM:MBED) Business Description
Traded in Other Exchanges
N/A
Address
Zahran Street, AL-Husseini Complex, P.O. Box 930103, Amman, JOR, 11193
The Arab Pesticides & Veterinary Drugs Manufacturing Co is a Jordan based company. It is a generic manufacturer of veterinary drugs and pesticides. The products included among pesticides are insecticides, nematicides, fungicides, rodenticides among others; and those among veterinary drugs include antibiotics, ectoparasiticides, vitamins among others. Geographically, it covers areas from Asia to Africa and Common Wealth of Independent States.
The Arab Pesticides & Veterinary Drugs Manufacturing Co (AMM:MBED) Headlines
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