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Orient Press (NSE:ORIENTLTD) Financial Strength : 4 (As of Sep. 2024)


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What is Orient Press Financial Strength?

Orient Press has the Financial Strength Rank of 4.

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.

Orient Press's Interest Coverage for the quarter that ended in Sep. 2024 was 0.06. Orient Press's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.42. As of today, Orient Press's Altman Z-Score is 1.78.


Competitive Comparison of Orient Press's Financial Strength

For the Packaging & Containers subindustry, Orient Press'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.


Orient Press's Financial Strength Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Orient Press's Financial Strength distribution charts can be found below:

* The bar in red indicates where Orient Press's Financial Strength falls into.



Orient Press 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:

Orient Press's Interest Expense for the months ended in Sep. 2024 was ₹-20 Mil. Its Operating Income for the months ended in Sep. 2024 was ₹1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹101 Mil.

Orient Press's Interest Coverage for the quarter that ended in Sep. 2024 is

Interest Coverage=-1*Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1.273/-19.822
=0.06

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

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

Orient Press's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(509.668 + 101.294) / 1470
=0.42

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.

Orient Press has a Z-score of 1.78, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.78 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.


Orient Press  (NSE:ORIENTLTD) 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.

Orient Press has the Financial Strength Rank of 4.


Orient Press Financial Strength Related Terms

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


Orient Press Business Description

Traded in Other Exchanges
Address
Off. Western Express Highway, 1101, E Wing, 11th Floor, Lotus Corporote Park, Goregaon (East), Mumbai, MH, IND, 400 063
Orient Press Ltd provides packaging and printing services. The company is engaged in manufacturing activities of printing of capital market stationery, commercial printing like Textbook, Annual Reports, and security printing like MICR Checks, Dividend Warrants, Shares and Debenture certificates, Railway tickets and coupons, Computer stationery, Telephone scratch cards, Smart cards, Recharge coupons, and Notebooks. Its operating segment includes Printing; Flexible Packaging and Paper Board Packaging. The company generates maximum revenue from the Flexible Packaging segment. Geographically, it derives a majority of its revenue from India.

Orient Press Headlines

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