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Asahi Infrastructure and Projects (BOM:512535) Financial Strength : 0 (As of Dec. 2017)


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What is Asahi Infrastructure and Projects Financial Strength?

Asahi Infrastructure and Projects has the Financial Strength Rank of 0.

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.

Asahi Infrastructure and Projects's Interest Coverage for the quarter that ended in Dec. 2017 was 2.60. Asahi Infrastructure and Projects's debt to revenue ratio for the quarter that ended in Dec. 2017 was 0.00. As of today, Asahi Infrastructure and Projects's Altman Z-Score is 0.00.


Competitive Comparison of Asahi Infrastructure and Projects's Financial Strength

For the Engineering & Construction subindustry, Asahi Infrastructure and Projects'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.


Asahi Infrastructure and Projects's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asahi Infrastructure and Projects's Financial Strength distribution charts can be found below:

* The bar in red indicates where Asahi Infrastructure and Projects's Financial Strength falls into.



Asahi Infrastructure and Projects 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:

Asahi Infrastructure and Projects's Interest Expense for the months ended in Dec. 2017 was ₹-1.68 Mil. Its Operating Income for the months ended in Dec. 2017 was ₹4.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was ₹0.00 Mil.

Asahi Infrastructure and Projects's Interest Coverage for the quarter that ended in Dec. 2017 is

Interest Coverage=-1*Operating Income (Q: Dec. 2017 )/Interest Expense (Q: Dec. 2017 )
=-1*4.372/-1.679
=2.60

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

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

Asahi Infrastructure and Projects's Debt to Revenue Ratio for the quarter that ended in Dec. 2017 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2017 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 86.8
=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.

Asahi Infrastructure and Projects 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.


Asahi Infrastructure and Projects  (BOM:512535) 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.

Asahi Infrastructure and Projects has the Financial Strength Rank of 0.


Asahi Infrastructure and Projects Financial Strength Related Terms

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Asahi Infrastructure and Projects (BOM:512535) Business Description

Traded in Other Exchanges
N/A
Address
Carter Road no.7,Opp. Railway Station, Room No.302 3rd Floor Yashwant Shopping Center, Borivali (East), Mumbai, MH, IND, 400066
Asahi Infrastructure and Projects Ltd is an Indian company engaged in construction activities. The company provides low-cost affordable housing for the poor and lower middle class.

Asahi Infrastructure and Projects (BOM:512535) Headlines

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