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Elpro International (BOM:504000) Financial Strength : 4 (As of Dec. 2024)


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What is Elpro International Financial Strength?

Elpro International 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.

Elpro International did not have earnings to cover the interest expense. Elpro International's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.00. As of today, Elpro International's Altman Z-Score is 1.06.


Competitive Comparison of Elpro International's Financial Strength

For the Real Estate Services subindustry, Elpro International'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.


Elpro International's Financial Strength Distribution in the Real Estate Industry

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

* The bar in red indicates where Elpro International's Financial Strength falls into.


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Elpro International 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:

Elpro International's Interest Expense for the months ended in Dec. 2024 was ₹-194 Mil. Its Operating Income for the months ended in Dec. 2024 was ₹-318 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil.

Elpro International's Interest Coverage for the quarter that ended in Dec. 2024 is

Elpro International did not have earnings to cover the interest expense.

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

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

Elpro International's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / -277.944
=0.00

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.

Elpro International has a Z-score of 1.06, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.06 is in distress zone. This implies bankruptcy 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.


Elpro International  (BOM:504000) 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.

Elpro International has the Financial Strength Rank of 4.


Elpro International Financial Strength Related Terms

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Elpro International Business Description

Traded in Other Exchanges
N/A
Address
Nirmal, 17th Floor, Nariman Point, Mumbai, MH, IND, 400021
Elpro International Ltd is engaged in the business of manufacturing other electrical equipment like lighting arresters, varistors, and surge arrestors and is also engaged in Real estate development services. The company's segments include Electrical Equipment, Real Estate, Investment Activity, and Others. The Real Estate segment includes real estate services and the development of housing residential projects. The electrical equipment segment includes manufacturing and sales of the lightning arrester, varistor, secondary surge arresters, and Discharge Counter. The investment segment comprises long-term investments, and the Other segment represents activities related to a windmill. It derives the majority of its revenue from the Real Estate segment.

Elpro International Headlines

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