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Douja Promotion Groupe Addoha (CAS:ADH) Financial Strength : 4 (As of Dec. 2023)


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What is Douja Promotion Groupe Addoha Financial Strength?

Douja Promotion Groupe Addoha 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.

Douja Promotion Groupe Addoha did not have earnings to cover the interest expense. Douja Promotion Groupe Addoha's debt to revenue ratio for the quarter that ended in Dec. 2023 was 1.88. As of today, Douja Promotion Groupe Addoha's Altman Z-Score is 1.10.


Competitive Comparison of Douja Promotion Groupe Addoha's Financial Strength

For the Real Estate Services subindustry, Douja Promotion Groupe Addoha'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.


Douja Promotion Groupe Addoha's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Douja Promotion Groupe Addoha's Financial Strength distribution charts can be found below:

* The bar in red indicates where Douja Promotion Groupe Addoha's Financial Strength falls into.



Douja Promotion Groupe Addoha 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:

Douja Promotion Groupe Addoha's Interest Expense for the months ended in Dec. 2023 was MAD-145 Mil. Its Operating Income for the months ended in Dec. 2023 was MAD-60 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD3,654 Mil.

Douja Promotion Groupe Addoha's Interest Coverage for the quarter that ended in Dec. 2023 is

Douja Promotion Groupe Addoha 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.

Douja Promotion Groupe Addoha'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
=(1025.94 + 3653.625) / 2488.808
=1.88

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.

Douja Promotion Groupe Addoha has a Z-score of 1.10, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.1 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.


Douja Promotion Groupe Addoha  (CAS:ADH) 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.

Douja Promotion Groupe Addoha has the Financial Strength Rank of 4.


Douja Promotion Groupe Addoha Financial Strength Related Terms

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Douja Promotion Groupe Addoha Business Description

Traded in Other Exchanges
N/A
Address
Km 7, Route de Rabat, Ain Sebaa, Casablanca, MAR
Douja Promotion Groupe Addoha SA operates in the real estate sector. Its activities include the construction, development, and marketing of real estate properties. It holds an interest in a project such as Casablanca and regions, Rabat and regions, Tangier, Meknes, Oujda and many others. In addition, the group is also involved in providing financing and legal advisory services. Geographically activities are carried out through the region of Morocco.

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