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Crediscotia Financiera (LIM:CSCOTIC1) Financial Strength : 0 (As of Dec. 2021)


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What is Crediscotia Financiera Financial Strength?

Crediscotia Financiera 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.

GuruFocus does not calculate Crediscotia Financiera's interest coverage with the available data. Crediscotia Financiera's debt to revenue ratio for the quarter that ended in Dec. 2021 was 0.94. Altman Z-Score does not apply to banks and insurance companies.


Crediscotia Financiera 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:

Crediscotia Financiera's Interest Expense for the months ended in Dec. 2021 was S/.-46.33 Mil. Its Operating Income for the months ended in Dec. 2021 was S/.0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was S/.525.60 Mil.

Crediscotia Financiera's Interest Coverage for the quarter that ended in Dec. 2021 is

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

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

Crediscotia Financiera's Debt to Revenue Ratio for the quarter that ended in Dec. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 525.597) / 559.185
=0.94

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.


Crediscotia Financiera  (LIM:CSCOTIC1) 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.

Crediscotia Financiera has the Financial Strength Rank of 0.


Crediscotia Financiera Financial Strength Related Terms

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Crediscotia Financiera (LIM:CSCOTIC1) Business Description

Traded in Other Exchanges
N/A
Address
Av Paseo de la Republica Number 3587, San Isidro, Lima, PER
Crediscotia Financiera SA provides banking services to personal and business customers in Peru. The company's products and services include loans, mortgages, credit and debit cards, saving accounts, fixed-term deposits, money transfers, and other banking operations. The company also offers health, business, vehicle, fire, discretionary, accidental protection and death, involuntary unemployment or temporary disability, credit card protection, indemnity, and life and burial life insurance products and services. The company offers its products and services through its agencies and ATMs.