What is Duro Felguera Financial Strength?
Duro Felguera has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Duro Felguera SA displays poor financial strength. Usually, this is caused by too much debt for the company.
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.
Duro Felguera did not have earnings to cover the interest expense.
Duro Felguera's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.55.
As of today, Duro Felguera's Altman Z-Score is 0.14.
Competitive Comparison of Duro Felguera's Financial Strength
For the Engineering & Construction subindustry, Duro Felguera'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.
Duro Felguera's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Duro Felguera's Financial Strength distribution charts can be found below:
* The bar in red indicates where Duro Felguera's Financial Strength falls into.
Duro Felguera 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:
Duro Felguera's Interest Expense for the
months ended in Jun. 2023 was €-1.3 Mil. Its Operating Income for the
months ended in Jun. 2023 was €-0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €141.4 Mil.
Duro Felguera's Interest Coverage for the quarter that ended in Jun. 2023 is
| Duro Felguera 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.
Duro Felguera's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 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.
Duro Felguera has a Z-score of 0.14, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.14 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.
Duro Felguera (STU:DF5B) Business Description
Traded in Other Exchanges
Address
Centro de Ingeniería, I+D+i y Calidad, Parque Científico Tecnológico, Calle Ada Byron 90, Gijon, Asturias, ESP, 33203
Duro Felguera SA is a Spain based company engaged in executing turnkey projects for the energy, industrial and oil and gas sectors. It supplies specialized services for industries and manufactures capital goods. The company is involved in carrying out integrated projects for the construction of power generation plants, mineral treatment and bulk-handling facilities, fuel storage plants and other facilities and installations for the oil and gas industry. In the services area, the organization specializes in the erection of energy and industrial facilities. The business segments of the group are Energy; Mining and Handling; Oil and Gas; Services; Manufacturing of capital goods; and Communications.
Duro Felguera (STU:DF5B) Headlines
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