What is Per Aarsleff Holding AS Financial Strength?
Per Aarsleff Holding AS has the Financial Strength Rank of 7.
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.
Per Aarsleff Holding AS's Interest Coverage for the quarter that ended in Sep. 2024 was 15.30.
Per Aarsleff Holding AS's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.08.
As of today, Per Aarsleff Holding AS's Altman Z-Score is 3.14.
Competitive Comparison of Per Aarsleff Holding AS's Financial Strength
For the Engineering & Construction subindustry, Per Aarsleff Holding AS'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.
Per Aarsleff Holding AS's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Per Aarsleff Holding AS's Financial Strength distribution charts can be found below:
* The bar in red indicates where Per Aarsleff Holding AS's Financial Strength falls into.
Per Aarsleff Holding AS 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:
Per Aarsleff Holding AS's Interest Expense for the
months ended in Sep. 2024 was €-3 Mil. Its Operating Income for the
months ended in Sep. 2024 was €47 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €200 Mil.
Per Aarsleff Holding AS's Interest Coverage for the quarter that ended in Sep. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Per Aarsleff Holding AS's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is
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.
Per Aarsleff Holding AS has a Z-score of 3.14, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 3.14 is strong.
* 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.
Per Aarsleff Holding AS Business Description
Traded in Other Exchanges
Address
Hasselager Alle 5, Viby J, DNK, 8260
Per Aarsleff Holding AS contracts, plans and implements projects in infrastructure, climate change adaptation, environment, energy, construction, and collaboration. It has Construction, Pipe technologies, Technical Solution, Rail, and Ground engineering segments. Construction segment consists construction, shell structures, building construction and international projects. Pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. Ground engineering segment comprises ground engineering, pile factories, and engineering, Rail segment comprises train station services, service center operations, and maintenance projects. It derives key revenue from the Construction segment. Geographically the group has a business presence in Denmark and other countries.
Per Aarsleff Holding AS Headlines
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