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NLB Komercijalna banka ad Beograd (XBEL:KMBNPB.PFD) Financial Strength : 0 (As of Jun. 2022)


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What is NLB Komercijalna banka ad Beograd Financial Strength?

NLB Komercijalna banka ad Beograd has the Financial Strength Rank of 0.

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.

GuruFocus does not calculate NLB Komercijalna banka ad Beograd's interest coverage with the available data. NLB Komercijalna banka ad Beograd's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.08. Altman Z-Score does not apply to banks and insurance companies.


NLB Komercijalna banka ad Beograd 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:

NLB Komercijalna banka ad Beograd's Interest Expense for the months ended in Jun. 2022 was RSD-384.67 Mil. Its Operating Income for the months ended in Jun. 2022 was RSD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was RSD1,766.44 Mil.

NLB Komercijalna banka ad Beograd's Interest Coverage for the quarter that ended in Jun. 2022 is

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. NLB Komercijalna banka ad Beograd has enough cash to cover all of its debt. Its financial situation is stable.

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

NLB Komercijalna banka ad Beograd's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1766.439) / 22805.396
=0.08

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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


NLB Komercijalna banka ad Beograd  (XBEL:KMBNPB.PFD) 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.

NLB Komercijalna banka ad Beograd has the Financial Strength Rank of 0.


NLB Komercijalna banka ad Beograd Financial Strength Related Terms

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NLB Komercijalna banka ad Beograd Business Description

Traded in Other Exchanges
N/A
Address
14, Svetog Save Street, Belgrade, SRB, 11000
NLB Komercijalna banka ad Beograd is engaged in crediting activities, deposit and guarantee activities, and payment transfer operations in the country and abroad. The bank has three operating segments, Operations with retail sector, Operations with corporate sector and Investment, and Interbank Operations. It does retail banking with retail customers - individuals, micro-businesses, entrepreneurs, and agricultural producers. Its corporate banking services include loans, deposits, and other transactions with legal entities other than banks. The Investment and Interbank Operations segments include securities and other financial instruments, as well as transactions with banks.