GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Immorente Invest SA (CAS:IMO) » Definitions » Financial Strength

Immorente Invest (CAS:IMO) Financial Strength : 2 (As of . 20)


View and export this data going back to 2018. Start your Free Trial

What is Immorente Invest Financial Strength?

Immorente Invest 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:

Immorente Invest SA 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.

Immorente Invest did not have earnings to cover the interest expense. As of today, Immorente Invest's Altman Z-Score is 0.00.


Competitive Comparison of Immorente Invest's Financial Strength

For the Real Estate Services subindustry, Immorente Invest'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.


Immorente Invest's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Immorente Invest's Financial Strength distribution charts can be found below:

* The bar in red indicates where Immorente Invest's Financial Strength falls into.



Immorente Invest 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:

Immorente Invest's Interest Expense for the months ended in . 20 was MAD0.00 Mil. Its Operating Income for the months ended in . 20 was MAD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was MAD0.00 Mil.

Immorente Invest's Interest Coverage for the quarter that ended in . 20 is

Immorente Invest had no long-term debt (1).

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

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

Immorente Invest's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

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.

Immorente Invest has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


Immorente Invest  (CAS:IMO) 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.

Immorente Invest 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.


Immorente Invest Financial Strength Related Terms

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


Immorente Invest (CAS:IMO) Business Description

Traded in Other Exchanges
N/A
Address
5-7, rue Ibnou Toufail, Casablanca, MAR
Immorente Invest SA is an investment company whose purpose is to acquire or develop, directly or through subsidiaries or majority or minority interests, professional real estate assets intended for rental. The objective of the company is to offer its shareholders a recurring real estate yield from the rents received.