GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chelyabinsk Pipe Plant PJSC (MIC:CHEP) » Definitions » Financial Strength

Chelyabinsk Pipe Plant PJSC (MIC:CHEP) Financial Strength : 0 (As of Jun. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Chelyabinsk Pipe Plant PJSC Financial Strength?

Chelyabinsk Pipe Plant PJSC 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.

Chelyabinsk Pipe Plant PJSC's Interest Coverage for the quarter that ended in Jun. 2023 was 15.99. Chelyabinsk Pipe Plant PJSC's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.31. As of today, Chelyabinsk Pipe Plant PJSC's Altman Z-Score is 2.04.


Competitive Comparison of Chelyabinsk Pipe Plant PJSC's Financial Strength

For the Metal Fabrication subindustry, Chelyabinsk Pipe Plant PJSC'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.


Chelyabinsk Pipe Plant PJSC's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chelyabinsk Pipe Plant PJSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Chelyabinsk Pipe Plant PJSC's Financial Strength falls into.



Chelyabinsk Pipe Plant PJSC 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:

Chelyabinsk Pipe Plant PJSC's Interest Expense for the months ended in Jun. 2023 was ₽-1,456 Mil. Its Operating Income for the months ended in Jun. 2023 was ₽23,281 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽21,121 Mil.

Chelyabinsk Pipe Plant PJSC's Interest Coverage for the quarter that ended in Jun. 2023 is

Interest Coverage=-1*Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*23281/-1456
=15.99

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

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

Chelyabinsk Pipe Plant PJSC's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(37439 + 21121) / 186296
=0.31

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.

Chelyabinsk Pipe Plant PJSC has a Z-score of 2.04, indicating it is in Grey Zones. This implies that Chelyabinsk Pipe Plant PJSC is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.04 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Chelyabinsk Pipe Plant PJSC  (MIC:CHEP) 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.

Chelyabinsk Pipe Plant PJSC has the Financial Strength Rank of 0.


Chelyabinsk Pipe Plant PJSC Financial Strength Related Terms

Thank you for viewing the detailed overview of Chelyabinsk Pipe Plant PJSC's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Chelyabinsk Pipe Plant PJSC (MIC:CHEP) Business Description

Traded in Other Exchanges
N/A
Address
40, Business Center Amalthea, Bolshoy Boulevard, 4th floor, Skolkovo Innovation Center, Moscow, RUS, 121205
Chelyabinsk Pipe Plant PJSC produces welded and seamless steel pipe products for use in the oil and gas industry and other industries. Its segments are Steel pipe products, Trunk pipeline systems, Oilfield Services, and Scrap procurement. The firm's main production facilities are located in the Ural region of Russia. The majority of the firm's sale of products is in Russia. Its products are also used in the chemical and petrochemical industries, Energy, Mechanical engineering, construction, agriculture, and other industries.

Chelyabinsk Pipe Plant PJSC (MIC:CHEP) Headlines