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Kazkommertsbank JSC (Kazkommertsbank JSC) Financial Strength : 0 (As of Mar. 2018)


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What is Kazkommertsbank JSC Financial Strength?

Kazkommertsbank JSC has the Financial Strength Rank of 0.

Warning Sign:

Kazkommertsbank JSC 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.

GuruFocus does not calculate Kazkommertsbank JSC's interest coverage with the available data. Kazkommertsbank JSC's debt to revenue ratio for the quarter that ended in Mar. 2018 was 3.40. Altman Z-Score does not apply to banks and insurance companies.


Kazkommertsbank JSC 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:

Kazkommertsbank JSC's Interest Expense for the months ended in Mar. 2018 was $-142.2 Mil. Its Operating Income for the months ended in Mar. 2018 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $1,872.9 Mil.

Kazkommertsbank JSC's Interest Coverage for the quarter that ended in Mar. 2018 is

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

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

Kazkommertsbank JSC's Debt to Revenue Ratio for the quarter that ended in Mar. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1872.928) / 551.344
=3.40

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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Kazkommertsbank JSC  (OTCPK:KAZNF) 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.

Kazkommertsbank JSC has the Financial Strength Rank of 0.


Kazkommertsbank JSC Financial Strength Related Terms

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Kazkommertsbank JSC (Kazkommertsbank JSC) Business Description

Traded in Other Exchanges
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Address
Kazkommertsbank JSC is a Joint Stock company and has operations in the Republic of Kazakhstan. The company provides banking and other financial services to corporate and retail clients across the region. The bank's primary business consists of commercial banking activities, operations with securities, foreign currency and derivative instruments, originating loans and guarantees. The bank has four business segments, Retail banking, Corporate banking, Investment banking and Other representing insurance operations and other activities.