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P2P Group (FRA:3QG) Financial Strength : 6 (As of Dec. 2024)


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What is P2P Group Financial Strength?

P2P Group has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

P2P Group did not have earnings to cover the interest expense. As of today, P2P Group's Altman Z-Score is 0.00.


Competitive Comparison of P2P Group's Financial Strength

For the Household & Personal Products subindustry, P2P 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.


P2P Group's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, P2P Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where P2P Group's Financial Strength falls into.


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P2P 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:

P2P Group's Interest Expense for the months ended in Dec. 2024 was €-0.00 Mil. Its Operating Income for the months ended in Dec. 2024 was €-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.05 Mil.

P2P Group's Interest Coverage for the quarter that ended in Dec. 2024 is

P2P Group 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.

P2P Group's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0.05) / 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.

P2P 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.


P2P Group  (FRA:3QG) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

P2P Group has the Financial Strength Rank of 6.


P2P Group Financial Strength Related Terms

Thank you for viewing the detailed overview of P2P Group's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


P2P Group Business Description

Traded in Other Exchanges
Address
1231 Pacific Boulevard, Suite 650, Vancouver, BC, CAN, V6Z 0E2
P2P Group Ltd is engaged in the development and sale of consumer product goods under its Pure to Pure brand. Its products are P2P Beauty Shampoo and P2P Beauty Natural Hand Soap.

P2P Group Headlines

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