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Baroda Rayon (BOM:500270) Financial Strength : 4 (As of . 20)


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What is Baroda Rayon Financial Strength?

Baroda Rayon has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Baroda Rayon did not have earnings to cover the interest expense. As of today, Baroda Rayon's Altman Z-Score is 0.00.


Competitive Comparison of Baroda Rayon's Financial Strength

For the Real Estate - Development subindustry, Baroda Rayon'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.


Baroda Rayon's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Baroda Rayon's Financial Strength distribution charts can be found below:

* The bar in red indicates where Baroda Rayon's Financial Strength falls into.


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Baroda Rayon 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:

Baroda Rayon's Interest Expense for the months ended in . 20 was ₹0.00 Mil. Its Operating Income for the months ended in . 20 was ₹0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₹0.00 Mil.

Baroda Rayon's Interest Coverage for the quarter that ended in . 20 is

Baroda Rayon had no long-term debt (1).

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

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

Baroda Rayon's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

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.

Baroda Rayon has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


Baroda Rayon  (BOM:500270) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Baroda Rayon has the Financial Strength Rank of 4.


Baroda Rayon Financial Strength Related Terms

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Baroda Rayon Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
P O Baroda Rayon, Fateh Nagar, Udhna District, Surat, GJ, IND, 394220
Baroda Rayon Corp Ltd is an Indian-based company engaged in real estate development and related activities. The majority of the company's revenue comes from the real estate segment. Geographically, the company operates only in India. The company generates revenue from the sale of open plots and industrial units in Project STB-Phase-1.

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