What is Steinhoff International Holdings NV Financial Strength?
Steinhoff International Holdings NV has the Financial Strength Rank of 0.
Warning Sign:
Steinhoff International Holdings NV displays poor financial strength. Usually, this is caused by too much debt for the company.
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.
Steinhoff International Holdings NV's Interest Coverage for the quarter that ended in Mar. 2023 was 0.98.
Steinhoff International Holdings NV's debt to revenue ratio for the quarter that ended in Mar. 2023 was 8.75.
As of today, Steinhoff International Holdings NV's Altman Z-Score is -1.55.
Competitive Comparison of Steinhoff International Holdings NV's Financial Strength
For the Specialty Retail subindustry, Steinhoff International Holdings NV'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.
Steinhoff International Holdings NV's Financial Strength Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Steinhoff International Holdings NV's Financial Strength distribution charts can be found below:
* The bar in red indicates where Steinhoff International Holdings NV's Financial Strength falls into.
Steinhoff International Holdings NV 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:
Steinhoff International Holdings NV's Interest Expense for the
months ended in Mar. 2023 was R-10,283 Mil. Its Operating Income for the
months ended in Mar. 2023 was R10,107 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was R0 Mil.
Steinhoff International Holdings NV's Interest Coverage for the quarter that ended in Mar. 2023 is
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Steinhoff International Holdings NVs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
2. Debt to revenue ratio. The lower, the better.
Steinhoff International Holdings NV's Debt to Revenue Ratio for the quarter that ended in Mar. 2023 is
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.
Steinhoff International Holdings NV has a Z-score of -1.55, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -1.55 is in distress zone. This implies bankruptcy 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.
Steinhoff International Holdings NV (JSE:SNH) Business Description
Traded in Other Exchanges
N/A
Address
Cnr Adam Tas and Devon Valley Road, Building B2, Vineyard Office Park, Stellenbosch, WC, ZAF, 7600
Steinhoff International Holdings NV is a global holding company with investments in retail businesses in Africa, Australasia, Europe, the United Kingdom, and the United States. The company's four business segments include Pepco Group, Greenlit Brands, Pepkor Holdings, and Group services. The majority of the revenue comes from both Pepco Group and Pepkor Holdings. Pepco Group consists of the general merchandise retail business of Pepco and Poundland. Pepkor Holdings includes retail chains predominantly selling clothing, footwear, textiles, cell phones, airtime, and fast-moving consumer goods, with its revenue mainly derived from South Africa. The holding company operates globally, with the majority of sales coming from Africa and Europe.
Steinhoff International Holdings NV (JSE:SNH) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JSE:SNH has been successfully added to your