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Shree Krishna Infrastructure (BOM:542146) Financial Strength : 10 (As of Sep. 2023)


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What is Shree Krishna Infrastructure Financial Strength?

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

Good Sign:

Shree Krishna Infrastructure 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.

Shree Krishna Infrastructure has no long-term debt (1). Shree Krishna Infrastructure's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.00. As of today, Shree Krishna Infrastructure's Altman Z-Score is 4657.68.

(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 Shree Krishna Infrastructure's Financial Strength

For the Real Estate Services subindustry, Shree Krishna Infrastructure'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.


Shree Krishna Infrastructure's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shree Krishna Infrastructure's Financial Strength distribution charts can be found below:

* The bar in red indicates where Shree Krishna Infrastructure's Financial Strength falls into.



Shree Krishna Infrastructure 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:

Shree Krishna Infrastructure's Interest Expense for the months ended in Sep. 2023 was ₹0.00 Mil. Its Operating Income for the months ended in Sep. 2023 was ₹0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.00 Mil.

Shree Krishna Infrastructure's Interest Coverage for the quarter that ended in Sep. 2023 is

Shree Krishna Infrastructure had no long-term debt (1).

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

Good Sign:

Shree Krishna Infrastructure Ltd has no debt.

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

Shree Krishna Infrastructure's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 7.858
=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.

Shree Krishna Infrastructure has a Z-score of 4657.68, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4657.68 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.


Shree Krishna Infrastructure  (BOM:542146) 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.

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


Shree Krishna Infrastructure Financial Strength Related Terms

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Shree Krishna Infrastructure (BOM:542146) Business Description

Traded in Other Exchanges
N/A
Address
36, Shri Rang Residency, 101, 1st Floor, Vadia, Narmada, Rajpipla, GJ, IND, 393145
Shree Krishna Infrastructure Ltd is an Indian company engaged in buying, taking on the lease, large size of plots to provide roads, drains, water supply, electricity and lights and within such lands, and plots to build residential houses and business premises and colonies. Its other activities involve to carry on the business of financier and the hire purchase and hire sales and of commission agents arthias; to acquire, purchase, hire or lease agricultural lands and to cultivate any crop or crops for the benefit of the company. The company's projects cover Terra project, Contract farming and Swabhiman E-vehicles and among others.

Shree Krishna Infrastructure (BOM:542146) Headlines

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