What is Shubhshree Biofuels Energy Financial Strength?
Shubhshree Biofuels Energy has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Shubhshree Biofuels Energy Ltd 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.
Shubhshree Biofuels Energy's Interest Coverage for the quarter that ended in Sep. 2024 was 156.07.
Shubhshree Biofuels Energy's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.00.
As of today, Shubhshree Biofuels Energy's Altman Z-Score is 25.52.
Competitive Comparison of Shubhshree Biofuels Energy's Financial Strength
For the Utilities - Renewable subindustry, Shubhshree Biofuels Energy'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.
Shubhshree Biofuels Energy's Financial Strength Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Shubhshree Biofuels Energy's Financial Strength distribution charts can be found below:
* The bar in red indicates where Shubhshree Biofuels Energy's Financial Strength falls into.
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:
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. Shubhshree Biofuels Energy Ltd has enough cash to cover all of its debt. Its financial situation is stable.
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.
Shubhshree Biofuels Energy has a Z-score of 25.52, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 25.52 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.
Shubhshree Biofuels Energy (NSE:SHUBHSHREE) 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.
Shubhshree Biofuels Energy has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Shubhshree Biofuels Energy Financial Strength Related Terms
Thank you for viewing the detailed overview of Shubhshree Biofuels Energy's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Shubhshree Biofuels Energy Ltd is engaged in the business of manufacturing & supplying of biomass fuels, which includes biomass pellets and briquettes. These biomass fuels are an alternative source of energy which are basically used in commercial and industrial heating, cooking fuel, industrial burning and electricity generation, as an alternative to fossil fuels like coal, firewood, lignite, Agri-waste, etc. The briquettes are majorly used for industrial purposes like running boilers etc. and the pellets are majorly used as cooking fuel or commercial purposes. The company is currently selling these pellets and briquettes to customers who are engaged in the business of recycling material, textile processing, pharmaceutical, metal, etc.
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