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Martin Currie Global Portfolio Trust (CHIX:MNPL) Financial Strength : 5 (As of Jan. 2024)


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What is Martin Currie Global Portfolio Trust Financial Strength?

Martin Currie Global Portfolio Trust has the Financial Strength Rank of 5.

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.

GuruFocus does not calculate Martin Currie Global Portfolio Trust's interest coverage with the available data. Martin Currie Global Portfolio Trust's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.53. Altman Z-Score does not apply to banks and insurance companies.


Martin Currie Global Portfolio Trust 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:

Martin Currie Global Portfolio Trust's Interest Expense for the months ended in Jan. 2024 was £-0.33 Mil. Its Operating Income for the months ended in Jan. 2024 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £10.00 Mil.

Martin Currie Global Portfolio Trust's Interest Coverage for the quarter that ended in Jan. 2024 is

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

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

Martin Currie Global Portfolio Trust's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 10) / 18.764
=0.53

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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Martin Currie Global Portfolio Trust  (CHIX:MNPl) 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.

Martin Currie Global Portfolio Trust has the Financial Strength Rank of 5.


Martin Currie Global Portfolio Trust Financial Strength Related Terms

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Martin Currie Global Portfolio Trust (CHIX:MNPL) Business Description

Traded in Other Exchanges
Address
5 Morrison Street, Edinburgh, GBR, EH3 8BH
Martin Currie Global Portfolio Trust PLC is a United Kingdom-based investment trust. Its core revenues are generated from long-term borrowings from investors. The company's objective is to produce long-term returns in excess of the total return from the MSCI All Country World index. It invests in a range of sectors, such as financials, consumer services, industrials, Information technology, Materials, healthcare, telecommunications, Real Estate, Energy and Utilities across North America, Europe, the Middle East, the United Kingdom, Asia Pacific, and Japan.