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Fibra Danhos (Fibra Danhos) Financial Strength : 6 (As of Mar. 2024)


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What is Fibra Danhos Financial Strength?

Fibra Danhos has the Financial Strength Rank of 6.

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.

Fibra Danhos's Interest Coverage for the quarter that ended in Mar. 2024 was 6.47. Fibra Danhos's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.30. As of today, Fibra Danhos's Altman Z-Score is 2.63.


Competitive Comparison of Fibra Danhos's Financial Strength

For the REIT - Diversified subindustry, Fibra Danhos'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.


Fibra Danhos's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fibra Danhos's Financial Strength distribution charts can be found below:

* The bar in red indicates where Fibra Danhos's Financial Strength falls into.



Fibra Danhos 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:

Fibra Danhos's Interest Expense for the months ended in Mar. 2024 was $-9.5 Mil. Its Operating Income for the months ended in Mar. 2024 was $61.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $481.5 Mil.

Fibra Danhos's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*61.309/-9.471
=6.47

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

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

Fibra Danhos's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9.001 + 481.528) / 378.288
=1.30

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.

Fibra Danhos has a Z-score of 2.63, indicating it is in Grey Zones. This implies that Fibra Danhos is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.63 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Fibra Danhos  (GREY:GRFFF) 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.

Fibra Danhos has the Financial Strength Rank of 6.


Fibra Danhos Financial Strength Related Terms

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Fibra Danhos (Fibra Danhos) Business Description

Traded in Other Exchanges
Address
Monte Pelvoux 220, 7 Lomas de Chapultepec, Miguel Hidalgo Delegation, Mexico City, MEX, MEX, 11000
Fibra Danhos is a real estate trust that develops, owns, leases, and operates commercial real estate assets in the metropolitan areas of Mexico. The trust's portfolio consists of commercial properties, offices, mixed-use properties, and development projects. The commercial properties, which account for the largest areas of the company's portfolio, consist of shopping centres located close to public and private transportation. The office buildings are primarily located in Mexico City with large corporate tenants. The mixed-used properties include buildings with integrated commercial, office, and hotel functions.

Fibra Danhos (Fibra Danhos) Headlines

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