Grupo Catalana Occidente (FRA:OCZA) Financial Strength : 4 (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Grupo Catalana Occidente Financial Strength?

Grupo Catalana Occidente has the Financial Strength Rank of 4.

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.

GuruFocus does not calculate Grupo Catalana Occidente's interest coverage with the available data. Altman Z-Score does not apply to banks and insurance companies.

Grupo Catalana Occidente 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:

Grupo Catalana Occidente's Interest Expense for the months ended in Dec. 2024 was €0 Mil. Its Operating Income for the months ended in Dec. 2024 was €0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €555 Mil.

Grupo Catalana Occidente's Interest Coverage for the quarter that ended in Dec. 2024 is

GuruFocus does not calculate Grupo Catalana Occidente's interest coverage with the available data.

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

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

Grupo Catalana Occidente'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	+	554.651)	/	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.

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.

Grupo Catalana Occidente (FRA:OCZA) 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.

Grupo Catalana Occidente has the Financial Strength Rank of 4.

Grupo Catalana Occidente Financial Strength Related Terms

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

Grupo Catalana Occidente Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Grupo Catalana Occidente SA (FRA:OCZA) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

GCO N:Mexico GCOe:UK 0NRN:UK GCO:Spain OCZA:Germany

Address

Avenida Alcalde Barnils 63, Sant Cugat del Valles, Barcelona, ESP, 08174

Website

https://www.gco.com

Grupo Catalana Occidente SA is a property and casualty company that operates in the insurance market, as well as the credit insurance market. It generates a majority of its revenue from Spain and other European countries. The company's revenue is generally split between its traditional insurance business and its credit insurance activity. Its traditional insurance business includes residential, commercial, auto, and life insurance products. Grupo's credit insurance business protects companies from the default risk associated with selling products and services on credit.