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Barem Ambalajnayi Ve Ticaret (IST:BARMA) Financial Strength : 4 (As of Mar. 2024)


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What is Barem Ambalajnayi Ve Ticaret Financial Strength?

Barem Ambalajnayi Ve Ticaret has the Financial Strength Rank of 4.

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.

Barem Ambalajnayi Ve Ticaret's Interest Coverage for the quarter that ended in Mar. 2024 was 2.67. Barem Ambalajnayi Ve Ticaret's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.72. As of today, Barem Ambalajnayi Ve Ticaret's Altman Z-Score is 2.50.


Competitive Comparison of Barem Ambalajnayi Ve Ticaret's Financial Strength

For the Packaging & Containers subindustry, Barem Ambalajnayi Ve Ticaret'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.


Barem Ambalajnayi Ve Ticaret's Financial Strength Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Barem Ambalajnayi Ve Ticaret's Financial Strength distribution charts can be found below:

* The bar in red indicates where Barem Ambalajnayi Ve Ticaret's Financial Strength falls into.



Barem Ambalajnayi Ve Ticaret 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:

Barem Ambalajnayi Ve Ticaret's Interest Expense for the months ended in Mar. 2024 was ₺-33 Mil. Its Operating Income for the months ended in Mar. 2024 was ₺87 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺836 Mil.

Barem Ambalajnayi Ve Ticaret'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*86.948/-32.518
=2.67

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

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

Barem Ambalajnayi Ve Ticaret'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
=(889.584 + 835.536) / 2387.828
=0.72

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.

Barem Ambalajnayi Ve Ticaret has a Z-score of 2.50, indicating it is in Grey Zones. This implies that Barem Ambalajnayi Ve Ticaret 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 2.5 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.


Barem Ambalajnayi Ve Ticaret  (IST:BARMA) 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.

Barem Ambalajnayi Ve Ticaret has the Financial Strength Rank of 4.


Barem Ambalajnayi Ve Ticaret Financial Strength Related Terms

Thank you for viewing the detailed overview of Barem Ambalajnayi Ve Ticaret's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Barem Ambalajnayi Ve Ticaret (IST:BARMA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
?bni Melek OSB Mahallesi TOSB? Yol 4, Sokak No 14, Izmir, TUR
Barem Ambalaj Sanayi Ve Ticaret provides packaging solutions. It serves food, electronics, hygiene, toys, textile, cosmetics, automotive, agriculture, and other sectors. The services are offered in both domestic and international market.

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