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GeeCee Ventures (BOM:532764) Financial Strength : 10 (As of Mar. 2024)


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What is GeeCee Ventures Financial Strength?

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

Good Sign:

GeeCee Ventures 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.

GeeCee Ventures's Interest Coverage for the quarter that ended in Mar. 2024 was 1,078.84. GeeCee Ventures's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, GeeCee Ventures's Altman Z-Score is 6.77.


Competitive Comparison of GeeCee Ventures's Financial Strength

For the Real Estate - Development subindustry, GeeCee Ventures'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.


GeeCee Ventures's Financial Strength Distribution in the Real Estate Industry

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

* The bar in red indicates where GeeCee Ventures's Financial Strength falls into.



GeeCee Ventures 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:

GeeCee Ventures's Interest Expense for the months ended in Mar. 2024 was ₹-0.2 Mil. Its Operating Income for the months ended in Mar. 2024 was ₹216.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil.

GeeCee Ventures's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*216.847/-0.201
=1,078.84

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

Good Sign:

GeeCee Ventures Ltd has no debt.

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

GeeCee Ventures'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) / 2525.564
=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.

GeeCee Ventures has a Z-score of 6.77, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.77 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.


GeeCee Ventures  (BOM:532764) 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.

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


GeeCee Ventures Financial Strength Related Terms

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GeeCee Ventures (BOM:532764) Business Description

Traded in Other Exchanges
Address
NCPA Marg, 195, 209 - 210, Arcadia Building, 2nd Floor, Nariman Point, Mumbai, MH, IND, 400 021
GeeCee Ventures Ltd is an Indian-based company that operates in the real estate sector. The company is organized into three principal operating divisions: Wind Power, Investment/Financing Activities, and Real Estate Activities. It has three projects under development - Cloud 36, The Mist, and Geecee Aspira. The majority of its revenue is derived from real estate activities.

GeeCee Ventures (BOM:532764) Headlines

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