What is Vidhi Specialty Food Ingredients Financial Strength?
Vidhi Specialty Food Ingredients has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
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.
Vidhi Specialty Food Ingredients's Interest Coverage for the quarter that ended in Dec. 2024 was 31.47.
Vidhi Specialty Food Ingredients's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.00.
As of today, Vidhi Specialty Food Ingredients's Altman Z-Score is 21.47.
Competitive Comparison of Vidhi Specialty Food Ingredients's Financial Strength
For the Specialty Chemicals subindustry, Vidhi Specialty Food Ingredients'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.
Vidhi Specialty Food Ingredients's Financial Strength Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Vidhi Specialty Food Ingredients's Financial Strength distribution charts can be found below:
* The bar in red indicates where Vidhi Specialty Food Ingredients's Financial Strength falls into.
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:
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.
Vidhi Specialty Food Ingredients has a Z-score of 21.47, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 21.47 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.
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.
Vidhi Specialty Food Ingredients has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
Vidhi Specialty Food Ingredients Financial Strength Related Terms
Thank you for viewing the detailed overview of Vidhi Specialty Food Ingredients's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Vidhi Specialty Food Ingredients Business Description
Vidhi Specialty Food Ingredients Ltd is engaged in the business of manufacturing & trading synthetic food colors and chemicals. The company offers synthetic water-soluble colors, natural colors, aluminum lakes, federal food, drug, and cosmetic act certified lakes, drug and cosmetic colors, and other products. Their products are used in providing color solutions in the application of food and beverage, confectionery, pharmaceuticals, feeds, cosmetics, inkjet inks, pet food, healthcare, and salt-free color. The manufacturing facility is located in the Raigad district in the Indian state of Maharashtra. The Company's operating divisions are managed from India. The Company operates within India & Outside India. The majority of its revenue comes from export sales.
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