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Phoenix Beverages (XMAU:MBL.N0000) Financial Strength : 5 (As of Mar. 2024)


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What is Phoenix Beverages Financial Strength?

Phoenix Beverages has the Financial Strength Rank of 5.

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.

Phoenix Beverages did not have earnings to cover the interest expense. Phoenix Beverages's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Phoenix Beverages's Altman Z-Score is 3.98.


Competitive Comparison of Phoenix Beverages's Financial Strength

For the Beverages - Brewers subindustry, Phoenix Beverages'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.


Phoenix Beverages's Financial Strength Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Phoenix Beverages's Financial Strength falls into.



Phoenix Beverages 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:

Phoenix Beverages's Interest Expense for the months ended in Mar. 2024 was MUR-12 Mil. Its Operating Income for the months ended in Mar. 2024 was MUR0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0 Mil.

Phoenix Beverages's Interest Coverage for the quarter that ended in Mar. 2024 is

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

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

Phoenix Beverages'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) / 11472.704
=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.

Phoenix Beverages has a Z-score of 3.98, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.98 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.


Phoenix Beverages  (XMAU:MBL.N0000) 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.

Phoenix Beverages has the Financial Strength Rank of 5.


Phoenix Beverages Financial Strength Related Terms

Thank you for viewing the detailed overview of Phoenix Beverages's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Phoenix Beverages (XMAU:MBL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Pont Fer, Phoenix House, Phoenix, MUS
Phoenix Beverages Ltd offers a variety of alcoholic and non-alcoholic products, including the brewing of beer, bottling and sale of beer, soft drinks, table water, and alternative beverages; and table water and alternative beverages; and manufacture and sale of glass-made products. Its segments consist of Beverages that generate key revenue and Recycled glass & related products segment. The majority of the revenue is derived from the domestic market.

Phoenix Beverages (XMAU:MBL.N0000) Headlines

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