What is Al-Babtain Power & Telecommunication Co Financial Strength?
Al-Babtain Power & Telecommunication Co 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.
Al-Babtain Power & Telecommunication Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.49.
Al-Babtain Power & Telecommunication Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.47.
As of today, Al-Babtain Power & Telecommunication Co's Altman Z-Score is 2.60.
Competitive Comparison of Al-Babtain Power & Telecommunication Co's Financial Strength
For the Engineering & Construction subindustry, Al-Babtain Power & Telecommunication Co'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.
Al-Babtain Power & Telecommunication Co's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Al-Babtain Power & Telecommunication Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Al-Babtain Power & Telecommunication Co's Financial Strength falls into.
Al-Babtain Power & Telecommunication Co 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:
Al-Babtain Power & Telecommunication Co's Interest Expense for the
months ended in Mar. 2024 was ﷼-22 Mil. Its Operating Income for the
months ended in Mar. 2024 was ﷼76 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼317 Mil.
Al-Babtain Power & Telecommunication Co's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Al-Babtain Power & Telecommunication Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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.
Al-Babtain Power & Telecommunication Co has a Z-score of 2.60, indicating it is in Grey Zones. This implies that Al-Babtain Power & Telecommunication Co 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 2.6 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.
Al-Babtain Power & Telecommunication Co (SAU:2320) Business Description
Traded in Other Exchanges
N/A
Address
P.O. Box 88373, Al-Sulay District, Riyadh, SAU, 11662
Al-Babtain Power & Telecommunication Co provides solutions for power and telecommunications infrastructure. The company's activity involves establishing and repairing stations and towers of wired and wireless communication and radars. Its operating segment involves (i) the Towers and metal structures sector which includes the production of power transmission towers, galvanized communication towers and their tests, and galvanized steel structures. (ii) Poles and lighting which include the production and galvanization of electricity and lighting poles, masts, and their accessories. (iv) Design, supply, and installation sector which includes the work of supplying, installing, and maintaining communication systems. (v) Solar energy sector and (vi) Headquarters.
Al-Babtain Power & Telecommunication Co (SAU:2320) Headlines
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