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AlJanoob Islamic Bank Investment and Fin (IQS:BJAB) Financial Strength : 0 (As of . 20)


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What is AlJanoob Islamic Bank Investment and Fin Financial Strength?

AlJanoob Islamic Bank Investment and Fin 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.

AlJanoob Islamic Bank Investment and Fin did not have earnings to cover the interest expense. Altman Z-Score does not apply to banks and insurance companies.


AlJanoob Islamic Bank Investment and Fin 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:

AlJanoob Islamic Bank Investment and Fin's Interest Expense for the months ended in . 20 was ع.د0.00 Mil. Its Operating Income for the months ended in . 20 was ع.د0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ع.د0.00 Mil.

AlJanoob Islamic Bank Investment and Fin's Interest Coverage for the quarter that ended in . 20 is

AlJanoob Islamic Bank Investment and Fin had no long-term debt (1).

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

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

AlJanoob Islamic Bank Investment and Fin's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 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.


AlJanoob Islamic Bank Investment and Fin  (IQS:BJAB) 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.

AlJanoob Islamic Bank Investment and Fin has the Financial Strength Rank of 0.


AlJanoob Islamic Bank Investment and Fin Financial Strength Related Terms

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AlJanoob Islamic Bank Investment and Fin Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Building 73, Street 14, Dist 609, Al Watheq Square, Karrada, Baghdad, IRQ
AlJanoob Islamic Bank Investment and Fin offers a range of products and services that meets the market requirements of both corporate and individual sectors. The bank takes a leading role by introducing Islamic Sharia-compliant products that support its position in entrepreneurship. Besides the bank has launched a package of electronic services and new channels to enhance electronic payment systems and drive digital transformation.