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Best Agrolife (NSE:BESTAGRO) Financial Strength : 4 (As of Dec. 2024)


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What is Best Agrolife Financial Strength?

Best Agrolife has the Financial Strength Rank of 4.

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.

Best Agrolife did not have earnings to cover the interest expense. Best Agrolife's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.00. As of today, Best Agrolife's Altman Z-Score is 1.32.


Competitive Comparison of Best Agrolife's Financial Strength

For the Agricultural Inputs subindustry, Best Agrolife'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.


Best Agrolife's Financial Strength Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Best Agrolife's Financial Strength distribution charts can be found below:

* The bar in red indicates where Best Agrolife's Financial Strength falls into.


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Best Agrolife 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:

Best Agrolife's Interest Expense for the months ended in Dec. 2024 was ₹-162 Mil. Its Operating Income for the months ended in Dec. 2024 was ₹-167 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹0 Mil.

Best Agrolife's Interest Coverage for the quarter that ended in Dec. 2024 is

Best Agrolife did not have earnings to cover the interest expense.

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

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

Best Agrolife'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
=(0 + 0) / 10964.4
=0.00

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.

Best Agrolife has a Z-score of 1.32, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.32 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


Best Agrolife  (NSE:BESTAGRO) 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.

Best Agrolife has the Financial Strength Rank of 4.


Best Agrolife Financial Strength Related Terms

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


Best Agrolife Business Description

Traded in Other Exchanges
Address
B-4, Bhagwan Dass Nagar, East Punjabi Bagh, New Delhi, IND, 110026
Best Agrolife Ltd operates in the agrochemical industry. The company's operating segment is the Trading of Agro-based products. The product range of the company includes Insecticides, Herbicides, Fungicides, Plant growth regulators, and others. The company sells its products in India.

Best Agrolife Headlines

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