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Palmboomen Cultuur Maatschappij Mopoli NV (XBRU:MOPF) Financial Strength : 10 (As of Jun. 2023)


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What is Palmboomen Cultuur Maatschappij Mopoli NV Financial Strength?

Palmboomen Cultuur Maatschappij Mopoli NV has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Palmboomen Cultuur Maatschappij Mopoli NV shows strong financial strength.

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.

Palmboomen Cultuur Maatschappij Mopoli NV did not have earnings to cover the interest expense. Palmboomen Cultuur Maatschappij Mopoli NV's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.00. As of today, Palmboomen Cultuur Maatschappij Mopoli NV's Altman Z-Score is 81.86.


Competitive Comparison of Palmboomen Cultuur Maatschappij Mopoli NV's Financial Strength

For the Asset Management subindustry, Palmboomen Cultuur Maatschappij Mopoli 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.


Palmboomen Cultuur Maatschappij Mopoli NV's Financial Strength Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Palmboomen Cultuur Maatschappij Mopoli NV's Financial Strength distribution charts can be found below:

* The bar in red indicates where Palmboomen Cultuur Maatschappij Mopoli NV's Financial Strength falls into.



Palmboomen Cultuur Maatschappij Mopoli 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:

Palmboomen Cultuur Maatschappij Mopoli NV's Interest Expense for the months ended in Jun. 2023 was €0.08 Mil. Its Operating Income for the months ended in Jun. 2023 was €0.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil.

Palmboomen Cultuur Maatschappij Mopoli NV's Interest Coverage for the quarter that ended in Jun. 2023 is

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

Good Sign:

Palmboomen Cultuur Maatschappij Mopoli NV has no debt.

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

Palmboomen Cultuur Maatschappij Mopoli NV's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 1.598
=0.00

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.

Palmboomen Cultuur Maatschappij Mopoli NV has a Z-score of 81.86, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 81.86 is strong.

* 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.


Palmboomen Cultuur Maatschappij Mopoli NV  (XBRU:MOPF) 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.

Palmboomen Cultuur Maatschappij Mopoli NV has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Palmboomen Cultuur Maatschappij Mopoli NV Financial Strength Related Terms

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Palmboomen Cultuur Maatschappij Mopoli NV Business Description

Traded in Other Exchanges
Address
2, Place du Champ de Mars, 1st Floor, Brussels, BEL, 1050
Palmboomen Cultuur Maatschappij Mopoli NV is an investment company specializing in acquiring minority shareholdings in agro-food businesses.

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