Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (MEX:FMTY14) Financial Strength: 0 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:FMTY14 Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero MEX:FMTY14
8 GF Score
Price MXN14.40
View Full Analysis

What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Financial Strength?

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero has the Financial Strength Rank of 0.

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 Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's interest coverage with the available data. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.72. Altman Z-Score does not apply to banks and insurance companies.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero  (MEX:FMTY14) 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero has the Financial Strength Rank of 0.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Financial Strength Related Terms

MEX:FMTY14
8GF Score
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero MEX:FMTY14
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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:

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Interest Expense for the months ended in Dec. 2023 was MXN-13,603 Mil. Its Operating Income for the months ended in Dec. 2023 was MXN0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MXN5,234 Mil.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Interest Coverage for the quarter that ended in Dec. 2023 is

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

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

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 5234) / 7279
=0.72

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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Address Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.
8GF Score

Get the complete analysis for MEX:FMTY14

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN14.40
Price