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Cia Logistica de Hidrocarburos CLH (XMAD:CLH.T) Financial Strength : 0 (As of Sep. 2015)


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What is Cia Logistica de Hidrocarburos CLH Financial Strength?

Cia Logistica de Hidrocarburos CLH has the Financial Strength Rank of 0.

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.

Cia Logistica de Hidrocarburos CLH's Interest Coverage for the quarter that ended in Sep. 2015 was 22.62. Cia Logistica de Hidrocarburos CLH's debt to revenue ratio for the quarter that ended in Sep. 2015 was 0.00. As of today, Cia Logistica de Hidrocarburos CLH's Altman Z-Score is 1.56.


Competitive Comparison of Cia Logistica de Hidrocarburos CLH's Financial Strength

For the Oil & Gas Midstream subindustry, Cia Logistica de Hidrocarburos CLH'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.


Cia Logistica de Hidrocarburos CLH's Financial Strength Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cia Logistica de Hidrocarburos CLH's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cia Logistica de Hidrocarburos CLH's Financial Strength falls into.



Cia Logistica de Hidrocarburos CLH 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:

Cia Logistica de Hidrocarburos CLH's Interest Expense for the months ended in Sep. 2015 was €-2.5 Mil. Its Operating Income for the months ended in Sep. 2015 was €57.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was €0.0 Mil.

Cia Logistica de Hidrocarburos CLH's Interest Coverage for the quarter that ended in Sep. 2015 is

Interest Coverage=-1*Operating Income (Q: Sep. 2015 )/Interest Expense (Q: Sep. 2015 )
=-1*57.084/-2.524
=22.62

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

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

Cia Logistica de Hidrocarburos CLH's Debt to Revenue Ratio for the quarter that ended in Sep. 2015 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2015 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 813.672
=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.

Cia Logistica de Hidrocarburos CLH has a Z-score of 1.56, indicating it is in Distress Zones. This implies bankrupcy 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.


Cia Logistica de Hidrocarburos CLH  (XMAD:CLH.T) 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.

Cia Logistica de Hidrocarburos CLH has the Financial Strength Rank of 0.


Cia Logistica de Hidrocarburos CLH Financial Strength Related Terms

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Cia Logistica de Hidrocarburos CLH (XMAD:CLH.T) Business Description

Traded in Other Exchanges
N/A
Address
Cia Logistica de Hidrocarburos CLH SA was formed on October 24, 1927. The Company is engaged in the storage, transportation and distribution of oil products in mainland Spain and the Balearic Islands, on behalf of the oil companies that operate in the Spanish market. This activity basically consists of receiving oil products at its facilities - mainly gasolines, diesels, fuel oils, aviation fuels and biofuels - and transporting and storing these products, and final delivery to the company's customers through its tank truck loading facilities. Its segment consists of: the land supplies business segment consists of logistics services comprising storage, transportation and distribution of all kinds of hydrocarbons and chemicals, and their derivatives and waste products, as well as advice and technical assistance in the provision of the services. The air supplies business segment consists of logistics services involving the storage, distribution and serving at airports of all kinds of aircraft fuels and lubricants.

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