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Cubical Financial Services (BOM:511710) Financial Strength : 10 (As of Mar. 2024)


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What is Cubical Financial Services Financial Strength?

Cubical Financial Services has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Cubical Financial Services Ltd 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.

Cubical Financial Services has no long-term debt (1). Cubical Financial Services's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Cubical Financial Services's Altman Z-Score is 47.96.

(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 Cubical Financial Services's Financial Strength

For the Capital Markets subindustry, Cubical Financial Services'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.


Cubical Financial Services's Financial Strength Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cubical Financial Services's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cubical Financial Services's Financial Strength falls into.



Cubical Financial Services 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:

Cubical Financial Services's Interest Expense for the months ended in Mar. 2024 was ₹0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was ₹7.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.00 Mil.

Cubical Financial Services's Interest Coverage for the quarter that ended in Mar. 2024 is

Cubical Financial Services had no long-term debt (1).

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

Good Sign:

Cubical Financial Services Ltd has no debt.

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

Cubical Financial Services's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 19.184
=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.

Cubical Financial Services has a Z-score of 47.96, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 47.96 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.


Cubical Financial Services  (BOM:511710) 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.

Cubical Financial Services has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Cubical Financial Services Financial Strength Related Terms

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Cubical Financial Services (BOM:511710) Business Description

Traded in Other Exchanges
N/A
Address
456, Aggarwal Metro Heights, Netaji Subhash Place, Pitampura, Delhi, IND, 110034
Cubical Financial Services Ltd engaged in non-banking financial activity such as trading and investment of securities and loans. It involves regular investment in the financial market, stocks, and properties. The firm engages in Share Trading Activity, Securities Trading Activity, and Loans.

Cubical Financial Services (BOM:511710) Headlines

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