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Atreyu Capital Market (XTAE:ATRY) Financial Strength : 10 (As of Mar. 2024)


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What is Atreyu Capital Market Financial Strength?

Atreyu Capital Market has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Atreyu Capital Market 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.

Atreyu Capital Market has no long-term debt (1). As of today, Atreyu Capital Market's Altman Z-Score is 25.87.

(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 Atreyu Capital Market's Financial Strength

For the Capital Markets subindustry, Atreyu Capital Market'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.


Atreyu Capital Market's Financial Strength Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Atreyu Capital Market's Financial Strength distribution charts can be found below:

* The bar in red indicates where Atreyu Capital Market's Financial Strength falls into.



Atreyu Capital Market 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:

Atreyu Capital Market's Interest Expense for the months ended in Mar. 2024 was ₪0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was ₪-1.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪0.00 Mil.

Atreyu Capital Market's Interest Coverage for the quarter that ended in Mar. 2024 is

Atreyu Capital Market had no long-term debt (1).

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

Good Sign:

Atreyu Capital Market Ltd has no debt.

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

Atreyu Capital Market'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) / 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.

Atreyu Capital Market has a Z-score of 25.87, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 25.87 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.


Atreyu Capital Market  (XTAE:ATRY) 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.

Atreyu Capital Market has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Atreyu Capital Market Financial Strength Related Terms

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Atreyu Capital Market (XTAE:ATRY) Business Description

Traded in Other Exchanges
N/A
Address
21 Ha'arbaa Street, Platinum Tower, Tel-Aviv, ISR, 64739
Atreyu Capital Market Ltd offers financial solutions to private & public companies and institutional investors in Israel. It offers brokerage, research, investment banking, inter-bank brokerage & investment management service. Its clients includes insurance companies, provident, pension and mutual funds, and foreign investment houses in Israel.

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