GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Brisa-Auto Estradas de Portugal (FRA:BRQ) » Definitions » Financial Strength

Brisa-Auto Estradas de Portugal (FRA:BRQ) Financial Strength : 0 (As of Dec. 2013)


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

What is Brisa-Auto Estradas de Portugal Financial Strength?

Brisa-Auto Estradas de Portugal has the Financial Strength Rank of 0.

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.

Brisa-Auto Estradas de Portugal's Interest Coverage for the quarter that ended in Dec. 2013 was 1.61. Brisa-Auto Estradas de Portugal's debt to revenue ratio for the quarter that ended in Dec. 2013 was 4.57. As of today, Brisa-Auto Estradas de Portugal's Altman Z-Score is 0.58.


Competitive Comparison of Brisa-Auto Estradas de Portugal's Financial Strength

For the Infrastructure Operations subindustry, Brisa-Auto Estradas de Portugal'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.


Brisa-Auto Estradas de Portugal's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Brisa-Auto Estradas de Portugal's Financial Strength distribution charts can be found below:

* The bar in red indicates where Brisa-Auto Estradas de Portugal's Financial Strength falls into.



Brisa-Auto Estradas de Portugal 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:

Brisa-Auto Estradas de Portugal's Interest Expense for the months ended in Dec. 2013 was €-134.0 Mil. Its Operating Income for the months ended in Dec. 2013 was €216.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was €2,149.7 Mil.

Brisa-Auto Estradas de Portugal's Interest Coverage for the quarter that ended in Dec. 2013 is

Interest Coverage=-1*Operating Income (Q: Dec. 2013 )/Interest Expense (Q: Dec. 2013 )
=-1*216.256/-133.981
=1.61

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

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

Brisa-Auto Estradas de Portugal's Debt to Revenue Ratio for the quarter that ended in Dec. 2013 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2013 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(389.497 + 2149.741) / 555.492
=4.57

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.

Brisa-Auto Estradas de Portugal has a Z-score of 0.58, 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.


Brisa-Auto Estradas de Portugal  (FRA:BRQ) 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.

Brisa-Auto Estradas de Portugal has the Financial Strength Rank of 0.


Brisa-Auto Estradas de Portugal Financial Strength Related Terms

Thank you for viewing the detailed overview of Brisa-Auto Estradas de Portugal's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Brisa-Auto Estradas de Portugal (FRA:BRQ) Business Description

Traded in Other Exchanges
N/A
Address
Brisa-Auto Estradas de Portugal is engaged in motorway operators, transport infrastructure in Portugal. Its main business area is the construction and operation of tolled motorways, both through direct investments in Portugal.

Brisa-Auto Estradas de Portugal (FRA:BRQ) Headlines

No Headlines