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Banco Bilbao Vizcaya Argentaria Colombia (BOG:BBVACOL) Financial Strength : 3 (As of Sep. 2024)


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What is Banco Bilbao Vizcaya Argentaria Colombia Financial Strength?

Banco Bilbao Vizcaya Argentaria Colombia has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Banco Bilbao Vizcaya Argentaria Colombia SA displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

GuruFocus does not calculate Banco Bilbao Vizcaya Argentaria Colombia's interest coverage with the available data. Banco Bilbao Vizcaya Argentaria Colombia's debt to revenue ratio for the quarter that ended in Sep. 2024 was 1.31. Altman Z-Score does not apply to banks and insurance companies.


Banco Bilbao Vizcaya Argentaria Colombia 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:

Banco Bilbao Vizcaya Argentaria Colombia's Interest Expense for the months ended in Sep. 2024 was COP-1,596,800 Mil. Its Operating Income for the months ended in Sep. 2024 was COP0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was COP7,758,712 Mil.

Banco Bilbao Vizcaya Argentaria Colombia's Interest Coverage for the quarter that ended in Sep. 2024 is

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

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

Banco Bilbao Vizcaya Argentaria Colombia'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
=(0 + 7758712) / 5902864
=1.31

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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Banco Bilbao Vizcaya Argentaria Colombia  (BOG:BBVACOL) 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.

Banco Bilbao Vizcaya Argentaria Colombia has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Banco Bilbao Vizcaya Argentaria Colombia Financial Strength Related Terms

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Banco Bilbao Vizcaya Argentaria Colombia Business Description

Traded in Other Exchanges
Address
Carrera 9 No. 72-21, Bogota, COL, 28046
Banco Bilbao Vizcaya Argentaria Colombia SA operates as a private banking institution. The company's main activities include providing loans to both public and private sector companies as well as individuals. It is also involved in international banking, privatizations, financial projects, and other general banking activities, as well as offering leasing services. The operating business segments are Commercial Banking, Enterprise and Institutional Banking, Corporate and Investment Banking, Asset and Liability Management, and Other Segments. The company operates in cities and towns throughout Colombia and it generates revenue through interest and service fees.