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Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS (IST:SANFM) Financial Strength : 4 (As of Dec. 2024)


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What is Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS Financial Strength?

Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS did not have earnings to cover the interest expense. Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.35. As of today, Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS's Altman Z-Score is 10.56.


Competitive Comparison of Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS's Financial Strength

For the Household & Personal Products subindustry, Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret 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.


Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS's Financial Strength falls into.



Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret 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:

Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS's Interest Expense for the months ended in Dec. 2024 was ₺8.1 Mil. Its Operating Income for the months ended in Dec. 2024 was ₺-15.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₺138.0 Mil.

Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS's Interest Coverage for the quarter that ended in Dec. 2024 is

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

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

Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(168.408 + 138.03) / 882.396
=0.35

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.

Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS has a Z-score of 10.56, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 10.56 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.


Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS  (IST:SANFM) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS has the Financial Strength Rank of 4.


Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS Financial Strength Related Terms

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


Sanifoam Endustri Ve Tuketim Urunlerinayi Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Gazi Osman Pasa OSB Mah. 21.Street, No: 6/A Cerkezkoy, Esenler, Tekirdag, TUR, 59500
Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS, formerly Sanifoam Sunger Sanayi ve Ticaret AS is engaged in manufacturing of technical foams and cleaning supplies. Its products include cleaning towels, scouring sponges, bath sponges, heat insulation products, filter polishing and sealing foams.

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