GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Xior Student Housing NV (CHIX:XIORb) » Definitions » Financial Strength

Xior Student Housing NV (CHIX:XIORB) Financial Strength : 3 (As of Jun. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Xior Student Housing NV Financial Strength?

Xior Student Housing NV has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Xior Student Housing NV 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.

Xior Student Housing NV's Interest Coverage for the quarter that ended in Jun. 2024 was 2.08. Xior Student Housing NV's debt to revenue ratio for the quarter that ended in Jun. 2024 was 8.46. As of today, Xior Student Housing NV's Altman Z-Score is 0.33.


Competitive Comparison of Xior Student Housing NV's Financial Strength

For the REIT - Residential subindustry, Xior Student Housing NV'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.


Xior Student Housing NV's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Xior Student Housing NV's Financial Strength distribution charts can be found below:

* The bar in red indicates where Xior Student Housing NV's Financial Strength falls into.



Xior Student Housing NV 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:

Xior Student Housing NV's Interest Expense for the months ended in Jun. 2024 was €-29.8 Mil. Its Operating Income for the months ended in Jun. 2024 was €62.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1,542.2 Mil.

Xior Student Housing NV's Interest Coverage for the quarter that ended in Jun. 2024 is

Interest Coverage=-1*Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*62.002/-29.751
=2.08

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xior Student Housing NV interest coverage is 2.39, which is low.

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

Xior Student Housing NV's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(134.507 + 1542.154) / 198.084
=8.46

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.

Xior Student Housing NV has a Z-score of 0.33, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.33 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.


Xior Student Housing NV  (CHIX:XIORb) 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.

Xior Student Housing NV has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Xior Student Housing NV Financial Strength Related Terms

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


Xior Student Housing NV Business Description

Traded in Other Exchanges
Address
Mechelsesteenweg 34, Box 108, Antwerpen, BEL, 2018
Xior Student Housing NV is a real estate company specializing in the student housing sector operating in Belgium, the Netherlands, Spain and Portugal. It offers a variety of properties, ranging from rooms with shared facilities to en-suite rooms and fully equipped studios. The company also offers additional facilities, including access to certain buildings via a badge system, extra comfort, communal living facilities such as lounges and TV rooms, 24/7 emergency services, vending machines, washing machines, automated key systems, and so on. The company mainly operates in Belgium and the Netherlands.

Xior Student Housing NV Headlines

No Headlines