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Etalon Group (CHIX:ETLNL) Financial Strength : 4 (As of Dec. 2022)


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What is Etalon Group Financial Strength?

Etalon Group 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.

Etalon Group's Interest Coverage for the quarter that ended in Dec. 2022 was 1.64. Etalon Group's debt to revenue ratio for the quarter that ended in Dec. 2022 was 1.06. As of today, Etalon Group's Altman Z-Score is 0.00.


Competitive Comparison of Etalon Group's Financial Strength

For the Real Estate - Development subindustry, Etalon Group'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.


Etalon Group's Financial Strength Distribution in the Real Estate Industry

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

* The bar in red indicates where Etalon Group's Financial Strength falls into.



Etalon Group 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:

Etalon Group's Interest Expense for the months ended in Dec. 2022 was $-105 Mil. Its Operating Income for the months ended in Dec. 2022 was $172 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1,284 Mil.

Etalon Group's Interest Coverage for the quarter that ended in Dec. 2022 is

Interest Coverage=-1*Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*172.141/-104.673
=1.64

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

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

Etalon Group's Debt to Revenue Ratio for the quarter that ended in Dec. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(364.918 + 1283.758) / 1562.614
=1.06

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.

Etalon Group 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.


Etalon Group  (CHIX:ETLNl) 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.

Etalon Group has the Financial Strength Rank of 4.


Etalon Group Financial Strength Related Terms

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Etalon Group (CHIX:ETLNL) Business Description

Traded in Other Exchanges
N/A
Address
2-4 Arch. Makariou III Avenue, Capital Centre, 9th Floor, Nicosia, CYP, 1065
Etalon Group PLC is a real estate and development, and construction company. Its core business is building housing projects in the Moscow Metropolitan area, the Russian Federation. It operates in three reportable segments namely Residential Development, Construction Services, and Other operations. The company generates maximum revenue from the Residential Development segment. Its Residential Development segment includes the construction of residential real estate including flats, built-in premises, and parking places. The Construction Services segment includes construction services for third parties and internal purposes. It derives a majority of its revenue from the Moscow metropolitan area.

Etalon Group (CHIX:ETLNL) Headlines

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