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Borusan Yatirim Pazarlama AS (IST:BRYAT) Financial Strength : 10 (As of Sep. 2024)


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What is Borusan Yatirim Pazarlama AS Financial Strength?

Borusan Yatirim Pazarlama AS has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Borusan Yatirim Pazarlama AS shows strong financial strength.

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.

Borusan Yatirim Pazarlama AS has no long-term debt (1). As of today, Borusan Yatirim Pazarlama AS's Altman Z-Score is 34.55.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Borusan Yatirim Pazarlama AS's Financial Strength

For the Steel subindustry, Borusan Yatirim Pazarlama 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.


Borusan Yatirim Pazarlama AS's Financial Strength Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Borusan Yatirim Pazarlama AS's Financial Strength distribution charts can be found below:

* The bar in red indicates where Borusan Yatirim Pazarlama AS's Financial Strength falls into.



Borusan Yatirim Pazarlama 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:

Borusan Yatirim Pazarlama AS's Interest Expense for the months ended in Sep. 2024 was ₺0.00 Mil. Its Operating Income for the months ended in Sep. 2024 was ₺-36.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₺0.00 Mil.

Borusan Yatirim Pazarlama AS's Interest Coverage for the quarter that ended in Sep. 2024 is

Borusan Yatirim Pazarlama AS had no long-term debt (1).

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

Good Sign:

Borusan Yatirim Pazarlama AS has no debt.

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

Borusan Yatirim Pazarlama AS's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 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.

Borusan Yatirim Pazarlama AS has a Z-score of 34.55, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 34.55 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.


Borusan Yatirim Pazarlama AS  (IST:BRYAT) 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.

Borusan Yatirim Pazarlama AS has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Borusan Yatirim Pazarlama AS Financial Strength Related Terms

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Borusan Yatirim Pazarlama AS Business Description

Traded in Other Exchanges
N/A
Address
Meclisi Mebusan Cad Number 37, Salipazari, Istanbul, TUR, 80040
Borusan Yatirim Pazarlama AS is Turkey-based company with business interests in multiple sectors. The company through its subsidiaries is engaged in the businesses of steel, distributorship, automotive, logistics and energy sectors.

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