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Intu Properties (JSE:ITU) Financial Strength : 0 (As of Dec. 2019)


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What is Intu Properties Financial Strength?

Intu Properties 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.

Intu Properties's Interest Coverage for the quarter that ended in Dec. 2019 was 1.09. Intu Properties's debt to revenue ratio for the quarter that ended in Dec. 2019 was 6.54. As of today, Intu Properties's Altman Z-Score is 0.00.


Competitive Comparison of Intu Properties's Financial Strength

For the REIT - Retail subindustry, Intu Properties'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.


Intu Properties's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Intu Properties's Financial Strength distribution charts can be found below:

* The bar in red indicates where Intu Properties's Financial Strength falls into.



Intu Properties 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:

Intu Properties's Interest Expense for the months ended in Dec. 2019 was R-2,643 Mil. Its Operating Income for the months ended in Dec. 2019 was R2,877 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was R88,023 Mil.

Intu Properties's Interest Coverage for the quarter that ended in Dec. 2019 is

Interest Coverage=-1*Operating Income (Q: Dec. 2019 )/Interest Expense (Q: Dec. 2019 )
=-1*2876.705/-2642.642
=1.09

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

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

Intu Properties's Debt to Revenue Ratio for the quarter that ended in Dec. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1342.085 + 88022.637) / 13666.236
=6.54

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.

Intu Properties 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.


Intu Properties  (JSE:ITU) 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.

Intu Properties has the Financial Strength Rank of 0.


Intu Properties Financial Strength Related Terms

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Intu Properties (JSE:ITU) Business Description

Traded in Other Exchanges
N/A
Address
40 Broadway, Westminster, London, GBR, SW1H 0BT
Intu Properties PLC is a British real estate investment trust that invests in, develops, and manages retail properties. The company's portfolio includes shopping centres across the United Kingdom and Spain. The company generates revenue from leasing properties to tenants, which include retailers, restaurants, and leisure venues. Intu Properties operates through two geographical segments: the U.K. and Spain. The UK segment delivers the vast majority of total revenue, as most of the company's properties are located in the United Kingdom.

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