What is Kuwait Business Town Real Estate Co Financial Strength?
Kuwait Business Town Real Estate Co 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.
Kuwait Business Town Real Estate Co's Interest Coverage for the quarter that ended in Sep. 2024 was 0.52.
Kuwait Business Town Real Estate Co's debt to revenue ratio for the quarter that ended in Sep. 2024 was 14.47.
As of today, Kuwait Business Town Real Estate Co's Altman Z-Score is 0.79.
Competitive Comparison of Kuwait Business Town Real Estate Co's Financial Strength
For the Real Estate Services subindustry, Kuwait Business Town Real Estate Co'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.
Kuwait Business Town Real Estate Co's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Kuwait Business Town Real Estate Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Kuwait Business Town Real Estate Co's Financial Strength falls into.
Kuwait Business Town Real Estate Co 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.
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:
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.
Kuwait Business Town Real Estate Co has a Z-score of 0.79, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.79 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.
Kuwait Business Town Real Estate Co (KUW:KBT) 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.
Kuwait Business Town Real Estate Co has the Financial Strength Rank of 4.
Kuwait Business Town Real Estate Co Financial Strength Related Terms
Thank you for viewing the detailed overview of Kuwait Business Town Real Estate Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Kuwait Business Town Real Estate Co Business Description
Kuwait Business Town Real Estate Co is a real estate company. It has three operating segments: Investing activities comprise participation in equity investments and managing the Group's liquidity requirements; and Real estate activities comprise investment, managing real estate, and construction or development of real estate for the sale in the ordinary course of business and other related real estate services. The consumer goods segment engages in operating bakeries, manufacturing and trading food-related items.
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