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Sina Finance and Credit Co (XTEH:VSIN1) Financial Strength : 0 (As of Mar. 2014)


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What is Sina Finance and Credit Co Financial Strength?

Sina Finance and Credit Co 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.

GuruFocus does not calculate Sina Finance and Credit Co's interest coverage with the available data. Sina Finance and Credit Co's debt to revenue ratio for the quarter that ended in Mar. 2014 was 0.72. Altman Z-Score does not apply to banks and insurance companies.


Sina Finance and Credit Co 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:

Sina Finance and Credit Co's Interest Expense for the months ended in Mar. 2014 was IRR-16,024,000 Mil. Its Operating Income for the months ended in Mar. 2014 was IRR0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was IRR5,396,046 Mil.

Sina Finance and Credit Co's Interest Coverage for the quarter that ended in Mar. 2014 is

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

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

Sina Finance and Credit Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2014 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2014 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 5396046) / 7471373
=0.72

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.


Sina Finance and Credit Co  (XTEH:VSIN1) 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.

Sina Finance and Credit Co has the Financial Strength Rank of 0.


Sina Finance and Credit Co Financial Strength Related Terms

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Sina Finance and Credit Co (XTEH:VSIN1) Business Description

Traded in Other Exchanges
N/A
Address
No 187 Motahari Avenue, Tehran, IRN, 1587998411
Sina Finance and Credit Co is a credit and finance company. Its business activities consist of monetary, financial and credential performances as well as other activities related to various parts of the economy and giving service to real and legal persons. The company also aims at funding various production, business and service units as well as granting credit facilities to various economic sectors. Sina offers various banking services including internet banking, mobile banking, telephone banking, loans, foreign exchange and SMS banking services.