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Al Soor Fuel Marketing Co KSC (KUW:SOOR) Financial Strength : 7 (As of Dec. 2024)


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What is Al Soor Fuel Marketing Co KSC Financial Strength?

Al Soor Fuel Marketing Co KSC has the Financial Strength Rank of 7.

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.

GuruFocus does not calculate Al Soor Fuel Marketing Co KSC's interest coverage with the available data. Al Soor Fuel Marketing Co KSC's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.04. As of today, Al Soor Fuel Marketing Co KSC's Altman Z-Score is 4.97.


Competitive Comparison of Al Soor Fuel Marketing Co KSC's Financial Strength

For the Oil & Gas Refining & Marketing subindustry, Al Soor Fuel Marketing Co KSC'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.


Al Soor Fuel Marketing Co KSC's Financial Strength Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Soor Fuel Marketing Co KSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Al Soor Fuel Marketing Co KSC's Financial Strength falls into.



Al Soor Fuel Marketing Co KSC 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:

Al Soor Fuel Marketing Co KSC's Interest Expense for the months ended in Dec. 2024 was KWD0.0 Mil. Its Operating Income for the months ended in Dec. 2024 was KWD-1.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was KWD4.5 Mil.

Al Soor Fuel Marketing Co KSC's Interest Coverage for the quarter that ended in Dec. 2024 is

GuruFocus does not calculate Al Soor Fuel Marketing Co KSC's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Al Soor Fuel Marketing Co KSC has enough cash to cover all of its debt. Its financial situation is stable.

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

Al Soor Fuel Marketing Co KSC'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
=(1.288 + 4.522) / 161.244
=0.04

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.

Al Soor Fuel Marketing Co KSC has a Z-score of 4.97, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.97 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.


Al Soor Fuel Marketing Co KSC  (KUW:SOOR) 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.

Al Soor Fuel Marketing Co KSC has the Financial Strength Rank of 7.


Al Soor Fuel Marketing Co KSC Financial Strength Related Terms

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Al Soor Fuel Marketing Co KSC Business Description

Traded in Other Exchanges
N/A
Address
AlMirqab - Block 3 - Omar bin Al-Khattab Street, P.O. Box 28396, KBT Tower, 14th Floor, Kuwait, KWT, 13144
Al Soor Fuel Marketing Co KSC is engaged in the acquisition, construction, leasing, operation, and maintenance of petrol filling stations. It also constructs, develops, operates, and maintains customer services center at petrol stations. The customer services centers operated by the company provide all services related to cars and vehicles such as oil changes, car wash, maintenance services, repair and technical testing of vehicles, and supermarket services. Its operating segments are Fuel marketing and other related services and Investment operations. The majority of its revenue derives from Fuel marketing and other associated services.

Al Soor Fuel Marketing Co KSC Headlines

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