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Corporacion MoctezumaB de CV (MEX:CMOCTEZ) Financial Strength : 10 (As of Dec. 2024)


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What is Corporacion MoctezumaB de CV Financial Strength?

Corporacion MoctezumaB de CV has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Corporacion Moctezuma SAB de CV shows strong financial strength.

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.

Corporacion MoctezumaB de CV's Interest Coverage for the quarter that ended in Dec. 2024 was 306.04. Corporacion MoctezumaB de CV's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.02. As of today, Corporacion MoctezumaB de CV's Altman Z-Score is 15.76.


Competitive Comparison of Corporacion MoctezumaB de CV's Financial Strength

For the Building Materials subindustry, Corporacion MoctezumaB de CV'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.


Corporacion MoctezumaB de CV's Financial Strength Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Corporacion MoctezumaB de CV's Financial Strength distribution charts can be found below:

* The bar in red indicates where Corporacion MoctezumaB de CV's Financial Strength falls into.


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Corporacion MoctezumaB de CV 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:

Corporacion MoctezumaB de CV's Interest Expense for the months ended in Dec. 2024 was MXN-6 Mil. Its Operating Income for the months ended in Dec. 2024 was MXN1,715 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was MXN267 Mil.

Corporacion MoctezumaB de CV's Interest Coverage for the quarter that ended in Dec. 2024 is

Interest Coverage=-1*Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*1714.744/-5.603
=306.04

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. Corporacion Moctezuma SAB de CV has enough cash to cover all of its debt. Its financial situation is stable.

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

Corporacion MoctezumaB de CV'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
=(91.04 + 266.529) / 18483.376
=0.02

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.

Corporacion MoctezumaB de CV has a Z-score of 15.76, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 15.76 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.


Corporacion MoctezumaB de CV  (MEX:CMOCTEZ) 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.

Corporacion MoctezumaB de CV has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Corporacion MoctezumaB de CV Financial Strength Related Terms

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Corporacion MoctezumaB de CV Business Description

Traded in Other Exchanges
N/A
Address
Monte Elbruz 134 PH, Col. Lomas de Chapultepec, Miguel Hidalgo, Mexico, MEX, 11000
Corporacion Moctezuma SAB de CV is a Mexico-based company which is engaged in the production and sale of cement and ready-mix concrete. The product portfolio of the includes of compound Portland cements, white cement and mortar and others.

Corporacion MoctezumaB de CV Headlines

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