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GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) Financial Strength : 2 (As of Dec. 2023)


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What is GOPD Zartkoruen Mukodo Reszvenytarsasag Financial Strength?

GOPD Zartkoruen Mukodo Reszvenytarsasag has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

GOPD Zartkoruen Mukodo Reszvenytarsasag displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

GOPD Zartkoruen Mukodo Reszvenytarsasag did not have earnings to cover the interest expense. GOPD Zartkoruen Mukodo Reszvenytarsasag's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.88. As of today, GOPD Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score is 4.60.


Competitive Comparison of GOPD Zartkoruen Mukodo Reszvenytarsasag's Financial Strength

For the Real Estate - Development subindustry, GOPD Zartkoruen Mukodo Reszvenytarsasag'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.


GOPD Zartkoruen Mukodo Reszvenytarsasag's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, GOPD Zartkoruen Mukodo Reszvenytarsasag's Financial Strength distribution charts can be found below:

* The bar in red indicates where GOPD Zartkoruen Mukodo Reszvenytarsasag's Financial Strength falls into.



GOPD Zartkoruen Mukodo Reszvenytarsasag 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:

GOPD Zartkoruen Mukodo Reszvenytarsasag's Interest Expense for the months ended in Dec. 2023 was Ft143 Mil. Its Operating Income for the months ended in Dec. 2023 was Ft-1,634 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Ft21,720 Mil.

GOPD Zartkoruen Mukodo Reszvenytarsasag's Interest Coverage for the quarter that ended in Dec. 2023 is

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

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

GOPD Zartkoruen Mukodo Reszvenytarsasag's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2684.127 + 21720.361) / 27652.046
=0.88

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.

GOPD Zartkoruen Mukodo Reszvenytarsasag has a Z-score of 4.60, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.6 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.


GOPD Zartkoruen Mukodo Reszvenytarsasag  (BUD:GOPD) 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.

GOPD Zartkoruen Mukodo Reszvenytarsasag has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


GOPD Zartkoruen Mukodo Reszvenytarsasag Financial Strength Related Terms

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GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) Business Description

Traded in Other Exchanges
N/A
Address
Fogarasi ut 3, Budapest, HUN, HU-1148
GOPD Zartkoruen Mukodo Reszvenytarsasag is a Hungary based company engaged in property development. The projects of the company include flats in Zuglo and Angyalfold and a residential complex with apartments in Zuglo.

GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) Headlines

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