GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » United Mining Industries Co (SAU:9583) » Definitions » Financial Strength

United Mining Industries Co (SAU:9583) Financial Strength : 4 (As of Dec. 2022)


View and export this data going back to 2023. Start your Free Trial

What is United Mining Industries Co Financial Strength?

United Mining Industries 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.

GuruFocus does not calculate United Mining Industries Co's interest coverage with the available data. As of today, United Mining Industries Co's Altman Z-Score is 0.00.


Competitive Comparison of United Mining Industries Co's Financial Strength

For the Building Materials subindustry, United Mining Industries 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.


United Mining Industries Co's Financial Strength Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, United Mining Industries Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where United Mining Industries Co's Financial Strength falls into.



United Mining Industries 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:

United Mining Industries Co's Interest Expense for the months ended in Dec. 2022 was ﷼0.0 Mil. Its Operating Income for the months ended in Dec. 2022 was ﷼0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ﷼22.7 Mil.

United Mining Industries Co's Interest Coverage for the quarter that ended in Dec. 2022 is

GuruFocus does not calculate United Mining Industries Co's interest coverage with the available data.

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

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

United Mining Industries Co's Debt to Revenue Ratio for the quarter that ended in Dec. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(117.308 + 22.667) / 0
=N/A

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.

United Mining Industries Co has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


United Mining Industries Co  (SAU:9583) 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.

United Mining Industries Co has the Financial Strength Rank of 4.


United Mining Industries Co Financial Strength Related Terms

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


United Mining Industries Co (SAU:9583) Business Description

Traded in Other Exchanges
N/A
Address
Al Madinah Al Munawarah Street, Salamah District, Salamah Tower, Floor No. 4, Office No. 403, Jeddah, SAU, 23525
United Mining Industries Co is a company involved in construction and building industry. It is one of the companies in the field of manufacturing gypsum and cement building materials and products in the Kingdom of Saudi Arabia. It offers products such as Gypsum Board, Fiber Cement Board Ceiling tiles and Gypsum Powder. The company has three business segments: Fiber cement board, Gypsum board Others. It earns majority of its revenue from Gypsum Board Segment.

United Mining Industries Co (SAU:9583) Headlines

No Headlines