GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » KCR Residential REIT PLC (LSE:KCR) » Definitions » Financial Strength

KCR Residential REIT (LSE:KCR) Financial Strength : 0 (As of Jun. 2024)


View and export this data going back to 2015. Start your Free Trial

What is KCR Residential REIT Financial Strength?

KCR Residential REIT 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 KCR Residential REIT's interest coverage with the available data. KCR Residential REIT's debt to revenue ratio for the quarter that ended in Jun. 2024 was -64.37. Altman Z-Score does not apply to banks and insurance companies.


KCR Residential REIT 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:

KCR Residential REIT's Interest Expense for the months ended in Jun. 2024 was £-0.29 Mil. Its Operating Income for the months ended in Jun. 2024 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £13.90 Mil.

KCR Residential REIT's Interest Coverage for the quarter that ended in Jun. 2024 is

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

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

KCR Residential REIT's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 13.904) / -0.216
=-64.37

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.


KCR Residential REIT  (LSE:KCR) 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.

KCR Residential REIT has the Financial Strength Rank of 0.


KCR Residential REIT Financial Strength Related Terms

Thank you for viewing the detailed overview of KCR Residential REIT's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


KCR Residential REIT Business Description

Traded in Other Exchanges
N/A
Address
c/o Gladstone House, 77-79 High Street, Egham, Surrey, GBR, TW20 9HY
KCR Residential REIT PLC is a real estate investment trust focused on the residential property market. The group carries on the business of acquiring and managing residential property in the United Kingdom for letting third parties on long and short leases. The company's objective is to build a substantial residential property portfolio that generates secure income flow for shareholders through the acquisition of companies owning property assets that have inherent historical capital gains.