Coris Bank International (XBRV:CBIBF) Financial Strength : 8 (As of . 20)

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What is Coris Bank International Financial Strength?

Coris Bank International has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Coris Bank International SA shows strong financial strength.

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.

Coris Bank International did not have earnings to cover the interest expense. Altman Z-Score does not apply to banks and insurance companies.

Coris Bank International 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:

Coris Bank International's Interest Expense for the months ended in . 20 was XOF0.00 Mil. Its Operating Income for the months ended in . 20 was XOF0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was XOF0.00 Mil.

Coris Bank International's Interest Coverage for the quarter that ended in . 20 is

Coris Bank International had no long-term debt ⁽¹⁾.

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

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

Coris Bank International's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio	=	Total Debt (Q: . 20 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(	+	)	/	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.

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.

Coris Bank International (XBRV:CBIBF) 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.

Coris Bank International has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Coris Bank International Financial Strength Related Terms

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Coris Bank International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coris Bank International SA (XBRV:CBIBF) » Definitions » Financial Strength

Traded in Other Exchanges

N/A

Address

1242 Avenue du Docteur Kwame Nkrumah 01, Ouagadougou, BFA, 6585

Website

https://www.coris.bank

Coris Bank International SA operates as a bank. The company provides banking products and services including sms banking, e-banking, foreign exchange, international, permanent transfers, debit and credit cards, term deposits and other banking services.