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Excelsior United Development (XMAU:EUDC.I0000) Financial Strength : 10 (As of Mar. 2024)


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What is Excelsior United Development Financial Strength?

Excelsior United Development has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Excelsior United Development Companies Ltd 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.

Excelsior United Development has no long-term debt (1). Excelsior United Development's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Excelsior United Development's Altman Z-Score is 19.26.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Excelsior United Development's Financial Strength

For the Beverages - Wineries & Distilleries subindustry, Excelsior United Development'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.


Excelsior United Development's Financial Strength Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Excelsior United Development's Financial Strength distribution charts can be found below:

* The bar in red indicates where Excelsior United Development's Financial Strength falls into.



Excelsior United Development 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:

Excelsior United Development's Interest Expense for the months ended in Mar. 2024 was MUR0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was MUR7.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0.00 Mil.

Excelsior United Development's Interest Coverage for the quarter that ended in Mar. 2024 is

Excelsior United Development 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.

Excelsior United Development's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 47.188
=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.

Excelsior United Development has a Z-score of 19.26, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 19.26 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.


Excelsior United Development  (XMAU:EUDC.I0000) 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.

Excelsior United Development has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Excelsior United Development Financial Strength Related Terms

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Excelsior United Development (XMAU:EUDC.I0000) Business Description

Traded in Other Exchanges
N/A
Address
C/O Promotion and Development Ltd, 8th Floor, Dias Pier, Le Caudan Waterfront, Port-Louis, MUS
Excelsior United Development Companies Ltd engages in importing, producing, and selling alcoholic products. The company produces rum, alcohol, and vinegar for the local and for export markets. It also invests in shares and holds properties. Its segments consist of Investments that invest in shares, Property Rental, and Beverages that produce, import, and sell alcoholic products. The majority of the revenue is derived from its property segment which leases offices and parking spaces. Its geographical segment includes Mauritius.

Excelsior United Development (XMAU:EUDC.I0000) Headlines

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