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BCG Land JSC (HSTC:BCR) Financial Strength : 6 (As of Dec. 2023)


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What is BCG Land JSC Financial Strength?

BCG Land JSC 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.

BCG Land JSC's Interest Coverage for the quarter that ended in Dec. 2023 was 0.81. BCG Land JSC's debt to revenue ratio for the quarter that ended in Dec. 2023 was 3.83. As of today, BCG Land JSC's Altman Z-Score is 0.00.


Competitive Comparison of BCG Land JSC's Financial Strength

For the Real Estate - Development subindustry, BCG Land JSC'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.


BCG Land JSC's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, BCG Land JSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where BCG Land JSC's Financial Strength falls into.



BCG Land JSC 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:

BCG Land JSC's Interest Expense for the months ended in Dec. 2023 was ₫-96,512 Mil. Its Operating Income for the months ended in Dec. 2023 was ₫77,991 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₫3,043,933 Mil.

BCG Land JSC's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*77991.059/-96511.887
=0.81

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

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

BCG Land JSC's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(575015.949 + 3043932.536) / 944398.199
=3.83

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.

BCG Land JSC 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.


BCG Land JSC  (HSTC:BCR) 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.

BCG Land JSC has the Financial Strength Rank of 6.


BCG Land JSC Financial Strength Related Terms

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


BCG Land JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 22A, Street 7, An Phu Ward, Thu Duc, Ho Chi Minh, VNM
BCG Land JSC is a company engaged in investing in real estate segments from high-end to luxury with a diverse project portfolio, possessing prime locations in the City. Its activity comprises of preparing the premises, construction of other civil engineering works, construction of railway works, construction of houses for living, and construction of houses not for residential purposes.

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