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Matba Rofex Sociedad Anonima (BUE:MTR) Financial Strength : 0 (As of Mar. 2024)


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What is Matba Rofex Sociedad Anonima Financial Strength?

Matba Rofex Sociedad Anonima has the Financial Strength Rank of 0.

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.

Matba Rofex Sociedad Anonima's Interest Coverage for the quarter that ended in Mar. 2024 was 1.41. Matba Rofex Sociedad Anonima's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.11. As of today, Matba Rofex Sociedad Anonima's Altman Z-Score is 1.00.


Competitive Comparison of Matba Rofex Sociedad Anonima's Financial Strength

For the Financial Data & Stock Exchanges subindustry, Matba Rofex Sociedad Anonima'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.


Matba Rofex Sociedad Anonima's Financial Strength Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Matba Rofex Sociedad Anonima's Financial Strength distribution charts can be found below:

* The bar in red indicates where Matba Rofex Sociedad Anonima's Financial Strength falls into.



Matba Rofex Sociedad Anonima 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:

Matba Rofex Sociedad Anonima's Interest Expense for the months ended in Mar. 2024 was ARS-113 Mil. Its Operating Income for the months ended in Mar. 2024 was ARS160 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ARS2,831 Mil.

Matba Rofex Sociedad Anonima'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*159.655/-112.921
=1.41

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Matba Rofex Sociedad Anonima has enough cash to cover all of its debt. Its financial situation is stable.

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

Matba Rofex Sociedad Anonima'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
=(1000.862 + 2830.559) / 33741.76
=0.11

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.

Matba Rofex Sociedad Anonima has a Z-score of 1.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1 is in distress zone. This implies bankruptcy 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.


Matba Rofex Sociedad Anonima  (BUE:MTR) 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.

Matba Rofex Sociedad Anonima has the Financial Strength Rank of 0.


Matba Rofex Sociedad Anonima Financial Strength Related Terms

Thank you for viewing the detailed overview of Matba Rofex Sociedad Anonima's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Matba Rofex Sociedad Anonima (BUE:MTR) Business Description

Traded in Other Exchanges
N/A
Address
Paraguay 777 Piso 15, Rosario, ARG
Matba Rofex Sociedad Anonima is an agricultural futures and options Exchange in Latin America. Approximately, more than 75 members trade futures and options contracts on agricultural commodities using the open outcry system or company's electronic platform. The company registers, guarantees, clears and settles every contract traded at the Exchange. It also offers through Fundación MATba a large number of educational and training programs. These programs cover a range of topics involving derivatives, strategies and back office administration, among others.

Matba Rofex Sociedad Anonima (BUE:MTR) Headlines

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