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Indo US Bio-Tech (BOM:541304) Financial Strength : 4 (As of Mar. 2022)


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What is Indo US Bio-Tech Financial Strength?

Indo US Bio-Tech has the Financial Strength Rank of 4.

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.

Indo US Bio-Tech's Interest Coverage for the quarter that ended in Mar. 2022 was 6.03. Indo US Bio-Tech's debt to revenue ratio for the quarter that ended in Mar. 2022 was 0.26. As of today, Indo US Bio-Tech's Altman Z-Score is 0.00.


Competitive Comparison of Indo US Bio-Tech's Financial Strength

For the Agricultural Inputs subindustry, Indo US Bio-Tech'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.


Indo US Bio-Tech's Financial Strength Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Indo US Bio-Tech's Financial Strength distribution charts can be found below:

* The bar in red indicates where Indo US Bio-Tech's Financial Strength falls into.



Indo US Bio-Tech 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:

Indo US Bio-Tech's Interest Expense for the months ended in Mar. 2022 was ₹-5.4 Mil. Its Operating Income for the months ended in Mar. 2022 was ₹32.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was ₹37.3 Mil.

Indo US Bio-Tech's Interest Coverage for the quarter that ended in Mar. 2022 is

Interest Coverage=-1*Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*32.364/-5.368
=6.03

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

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

Indo US Bio-Tech's Debt to Revenue Ratio for the quarter that ended in Mar. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(91.06 + 37.333) / 490.946
=0.26

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.

Indo US Bio-Tech 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.


Indo US Bio-Tech  (BOM:541304) 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.

Indo US Bio-Tech has the Financial Strength Rank of 4.


Indo US Bio-Tech Financial Strength Related Terms

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Indo US Bio-Tech (BOM:541304) Business Description

Traded in Other Exchanges
N/A
Address
Satadhar Char Rasta, Sola Road, 309, Shanti Mall, Opposite Navrang Tower, Ahmedabad, GJ, IND, 380061
Indo US Bio-Tech Ltd is engaged in the trading of agricultural seeds. It is involved in crop research and development through breeding, production of seeds, processing, packing, and marketing of high-performing hybrid and open-pollinated varieties of agriculture crops. The company's product categories include vegetables; cotton seeds; oilseeds; spices seeds; pulses seeds and cereals seeds.

Indo US Bio-Tech (BOM:541304) Headlines

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