GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gabriel Pet Straps Ltd (BOM:544108) » Definitions » Financial Strength

Gabriel Pet Straps (BOM:544108) Financial Strength : 4 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Gabriel Pet Straps Financial Strength?

Gabriel Pet Straps has the Financial Strength Rank of 4.

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.

Gabriel Pet Straps did not have earnings to cover the interest expense. Gabriel Pet Straps's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.43. As of today, Gabriel Pet Straps's Altman Z-Score is 19.69.


Competitive Comparison of Gabriel Pet Straps's Financial Strength

For the Tools & Accessories subindustry, Gabriel Pet Straps'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.


Gabriel Pet Straps's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gabriel Pet Straps's Financial Strength distribution charts can be found below:

* The bar in red indicates where Gabriel Pet Straps's Financial Strength falls into.


;
;

Gabriel Pet Straps 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:

Gabriel Pet Straps's Interest Expense for the months ended in Sep. 2024 was ₹-1.66 Mil. Its Operating Income for the months ended in Sep. 2024 was ₹-25.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹47.05 Mil.

Gabriel Pet Straps's Interest Coverage for the quarter that ended in Sep. 2024 is

Gabriel Pet Straps did not have earnings to cover the interest expense.

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

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

Gabriel Pet Straps's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 47.051) / 109.65
=0.43

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.

Gabriel Pet Straps has a Z-score of 19.69, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 19.69 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.


Gabriel Pet Straps  (BOM:544108) Financial Strength Explanation

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.

Gabriel Pet Straps has the Financial Strength Rank of 4.


Gabriel Pet Straps Financial Strength Related Terms

Thank you for viewing the detailed overview of Gabriel Pet Straps's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Gabriel Pet Straps Business Description

Traded in Other Exchanges
N/A
Address
Paddhari Bypass, Jamnagar Highway, Plot No. 23, Radhe Industrial Area, Behind Reliance Petrol Pump, Paddhari, Rajkot, GJ, IND, 360110
Gabriel Pet Straps Ltd is engaged in the manufacturing and selling of Pet Straps under the brand name of 'Gabriel' which is widely used in the packaging of heavy materials. It produces Pet Straps from 9mm to 32mm in width and thickness ranging from 0.5mm to 1.27mm. It also offers customised bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth, etc.

Gabriel Pet Straps Headlines

No Headlines