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Osiguritelna Polisa AD (XMAE:OSPO) Financial Strength : 1 (As of . 20)


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What is Osiguritelna Polisa AD Financial Strength?

Osiguritelna Polisa AD has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Osiguritelna Polisa AD displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

Osiguritelna Polisa AD did not have earnings to cover the interest expense. Altman Z-Score does not apply to banks and insurance companies.


Osiguritelna Polisa AD 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:

Osiguritelna Polisa AD's Interest Expense for the months ended in . 20 was MKD0.00 Mil. Its Operating Income for the months ended in . 20 was MKD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was MKD0.00 Mil.

Osiguritelna Polisa AD's Interest Coverage for the quarter that ended in . 20 is

Osiguritelna Polisa AD 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.

Osiguritelna Polisa AD'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.


Osiguritelna Polisa AD  (XMAE:OSPO) 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.

Osiguritelna Polisa AD has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Osiguritelna Polisa AD Financial Strength Related Terms

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Osiguritelna Polisa AD (XMAE:OSPO) Business Description

Traded in Other Exchanges
N/A
Address
26 saint Kliment Ohridski boulevard, Skopje, MKD, 1000
Osiguritelna Polisa AD is an insurance company in Macedonia. The company covers accident insurance, health insurance, motor vehicle insurance, property insurance, general liability insurance, aircraft liability insurance, insurance for car tires, rail vehicles insurance, household insurance, among others.