What is Royal Boskalis Westminster NV Financial Strength?
Royal Boskalis Westminster NV has the Financial Strength Rank of 7.
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.
Royal Boskalis Westminster NV's Interest Coverage for the quarter that ended in Jun. 2022 was 11.17.
Royal Boskalis Westminster NV's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.17.
As of today, Royal Boskalis Westminster NV's Altman Z-Score is 1.94.
Competitive Comparison of Royal Boskalis Westminster NV's Financial Strength
For the Engineering & Construction subindustry, Royal Boskalis Westminster NV'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.
Royal Boskalis Westminster NV's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Royal Boskalis Westminster NV's Financial Strength distribution charts can be found below:
* The bar in red indicates where Royal Boskalis Westminster NV's Financial Strength falls into.
Royal Boskalis Westminster NV 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:
Royal Boskalis Westminster NV's Interest Expense for the
months ended in Jun. 2022 was €-8 Mil. Its Operating Income for the
months ended in Jun. 2022 was €92 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was €487 Mil.
Royal Boskalis Westminster NV's Interest Coverage for the quarter that ended in Jun. 2022 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Royal Boskalis Westminster NV's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 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.
Royal Boskalis Westminster NV has a Z-score of 1.94, indicating it is in Grey Zones. This implies that Royal Boskalis Westminster NV 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 1.94 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.
Royal Boskalis Westminster NV (XAMS:BOKA) Business Description
Traded in Other Exchanges
N/A
Address
Rosmolenweg 20, Papendrecht, NLD, 3356 LK
Royal Boskalis Westminster NV offers dredging activities and a broad range of maritime services for the offshore energy sector. In addition, it provides towage, emergency response, and other salvage-related services. Traditionally, the dredging activities remove silt, sand, and other layers from water beds and utilize maneuvers to reuse the materials. Additional revenue is generated from the construction and maintenance of ports and waterways. The company has three business divisions: dredging and inland infra; offshore energy; and towage and salvage (approximately half of total revenue). Customers primarily operate in the energy, port, and shipping end markets. The global company has a material presence in many different regions and is not overly dependent on any one country.
Royal Boskalis Westminster NV (XAMS:BOKA) Headlines
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